C&F Financial Co. (NASDAQ:CFFI) CFO Sells $47,226.00 in Stock

C&F Financial Co. (NASDAQ:CFFI) CFO Jason E. Long sold 600 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $78.71, for a total value of $47,226.00. Following the transaction, the chief financial officer now owns 9,600 shares of the company’s stock, valued at $755,616. This represents a 5.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

C&F Financial Stock Performance

C&F Financial stock opened at $71.97 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.88. The stock has a fifty day moving average price of $64.59 and a two-hundred day moving average price of $55.51. C&F Financial Co. has a 52-week low of $33.51 and a 52-week high of $79.09. The firm has a market capitalization of $232.10 million, a P/E ratio of 12.72 and a beta of 0.36.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 8.58% and a net margin of 11.39%. The firm had revenue of $33.46 million during the quarter.

C&F Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Friday, December 13th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.45%. C&F Financial’s dividend payout ratio (DPR) is presently 31.10%.

Institutional Trading of C&F Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in CFFI. Vanguard Group Inc. increased its stake in shares of C&F Financial by 0.6% in the first quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock valued at $8,063,000 after buying an additional 945 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of C&F Financial in the second quarter valued at $31,000. Renaissance Technologies LLC increased its stake in shares of C&F Financial by 9.1% in the second quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock valued at $4,336,000 after buying an additional 7,500 shares in the last quarter. Huber Capital Management LLC increased its stake in shares of C&F Financial by 42.7% in the second quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider’s stock valued at $3,030,000 after buying an additional 18,804 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of C&F Financial in the second quarter valued at $201,000. 37.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered C&F Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

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.