S Dustin Crone Sells 1,400 Shares of C&F Financial Co. (NASDAQ:CFFI) Stock

C&F Financial Co. (NASDAQ:CFFI) CEO S Dustin Crone sold 1,400 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $72.71, for a total value of $101,794.00. Following the completion of the transaction, the chief executive officer now directly owns 8,437 shares in the company, valued at $613,454.27. This trade represents a 14.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

C&F Financial Stock Performance

NASDAQ CFFI 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. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $79.09. The company has a market capitalization of $232.10 million, a PE ratio of 12.72 and a beta of 0.36. The company has a fifty day moving average of $64.59 and a two-hundred day moving average of $55.60.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%. The business 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 dividend of $0.44 per share. The ex-dividend date is Friday, December 13th. This represents a $1.76 annualized dividend and a dividend yield of 2.45%. C&F Financial’s dividend payout ratio (DPR) is 31.10%.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. John G Ullman & Associates Inc. raised its holdings in C&F Financial by 2.0% during the third quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider’s stock worth $586,000 after purchasing an additional 200 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in C&F Financial during the second quarter worth about $31,000. Empowered Funds LLC raised its holdings in C&F Financial by 5.2% during the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock worth $790,000 after purchasing an additional 670 shares in the last quarter. Vanguard Group Inc. raised its holdings in C&F Financial by 0.6% during the first quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after purchasing an additional 945 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in C&F Financial during the second quarter worth about $201,000. 37.23% of the stock is owned by hedge funds and other institutional investors.

About C&F Financial

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.