Insider Selling: C&F Financial Co. (NASDAQ:CFFI) CEO Sells 2,000 Shares of Stock

C&F Financial Co. (NASDAQ:CFFI) CEO Thomas F. Cherry sold 2,000 shares of C&F Financial stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $70.00, for a total value of $140,000.00. Following the sale, the chief executive officer now directly owns 39,059 shares of the company’s stock, valued at approximately $2,734,130. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

C&F Financial Stock Down 1.4 %

NASDAQ CFFI traded down $1.01 on Thursday, reaching $69.63. 1,784 shares of the stock traded hands, compared to its average volume of 12,613. The company has a market cap of $227.69 million, a price-to-earnings ratio of 12.48 and a beta of 0.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.88 and a current ratio of 0.90. C&F Financial Co. has a 12 month low of $33.51 and a 12 month high of $72.00. The company has a fifty day moving average price of $59.45 and a 200-day moving average price of $51.81.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $1.65 EPS for the quarter. The firm had revenue of $33.46 million during the quarter. C&F Financial had a return on equity of 8.68% and a net margin of 11.39%.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Friday, September 13th. C&F Financial’s payout ratio is 31.10%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC purchased a new position in C&F Financial during the 2nd quarter worth $31,000. Empowered Funds LLC grew its stake in C&F Financial by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock worth $790,000 after buying an additional 670 shares during the last quarter. Vanguard Group Inc. grew its stake in C&F Financial by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after buying an additional 945 shares during the last quarter. Clearstead Trust LLC purchased a new position in C&F Financial during the 1st quarter worth $47,000. Finally, Huber Capital Management LLC grew its stake in C&F Financial by 3.6% during the 1st quarter. Huber Capital Management LLC now owns 44,061 shares of the financial services provider’s stock worth $2,159,000 after buying an additional 1,516 shares during the last quarter. 37.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised C&F Financial from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st.

C&F Financial Company Profile

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.