D Anthony Peay Sells 425 Shares of C&F Financial (NASDAQ:CFFI) Stock

Key Points

• Director D. Anthony Peay sold 425 C&F Financial shares at an average price of $85.92, generating $36,516 and reducing his ownership by 18.68% to 1,850 shares.
• CFFI shares traded at $86.12, near their 52-week high of $89.76, with a market capitalization of approximately $280.3 million and a price-to-earnings ratio of 9.61.
• C&F Financial reported quarterly EPS of $2.40 on $39.37 million in revenue and maintains a quarterly dividend of $0.48 per share, equivalent to a 2.2% yield; analysts currently rate the stock Hold.

C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) Director D Anthony Peay sold 425 shares of the firm's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $85.92, for a total value of $36,516.00. Following the transaction, the director owned 1,850 shares in the company, valued at $158,952. This trade represents a 18.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

C&F Financial Stock Performance

CFFI stock traded down $2.52 during trading on Friday, hitting $86.12. 2,827 shares of the company's stock traded hands, compared to its average volume of 7,412. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31. C&F Financial Corporation has a 52 week low of $64.00 and a 52 week high of $89.76. The stock has a fifty day moving average price of $79.14 and a two-hundred day moving average price of $76.15. The stock has a market capitalization of $280.25 million, a price-to-earnings ratio of 9.61 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. C&F Financial had a net margin of 14.91% and a return on equity of 10.90%. The company had revenue of $39.37 million for the quarter.

C&F Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.2%. C&F Financial's payout ratio is 21.43%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its position in C&F Financial by 40.7% in the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider's stock worth $361,000 after purchasing an additional 1,550 shares during the period. Goldman Sachs Group Inc. raised its position in C&F Financial by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider's stock worth $887,000 after acquiring an additional 1,339 shares in the last quarter. Empowered Funds LLC lifted its stake in C&F Financial by 7.1% during the first quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider's stock valued at $1,026,000 after purchasing an additional 1,015 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of C&F Financial by 110.3% in the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider's stock valued at $4,483,000 after buying an additional 38,088 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of C&F Financial by 2,137.3% in the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider's stock valued at $196,000 after buying an additional 3,035 shares in the last quarter. 37.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of C&F Financial in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, C&F Financial currently has an average rating of "Hold".

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.

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