Larry Dillon Sells 1,000 Shares of C&F Financial (NASDAQ:CFFI) Stock

Key Points

• Chairman Larry Dillon sold 1,000 C&F Financial shares at an average price of $95.07, reducing his direct ownership by 2.94% to 33,058 shares.
• C&F Financial shares recently traded at $95.42, near their 52-week high of $96.00, with a market capitalization of approximately $310 million. The company reported quarterly EPS of $2.40 on $39.37 million in revenue.
• The company declared a quarterly dividend of $0.48 per share, representing an annualized payout of $1.92 and a 2.0% yield. Analyst sentiment remains broadly positive, with an overall “Buy” rating despite one recent downgrade to “Hold.”

C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) Chairman Larry Dillon sold 1,000 shares of the company's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $95.07, for a total value of $95,070.00. Following the transaction, the chairman directly owned 33,058 shares of the company's stock, valued at $3,142,824.06. This trade represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

C&F Financial Stock Performance

Shares of C&F Financial stock traded up $0.53 on Tuesday, reaching $95.42. 40,710 shares of the company were exchanged, compared to its average volume of 13,030. The firm has a market cap of $310.10 million, a price-to-earnings ratio of 10.65 and a beta of 0.33. C&F Financial Corporation has a 1-year low of $64.71 and a 1-year high of $96.00. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.91 and a current ratio of 0.92. The company's 50-day moving average is $84.69 and its two-hundred day moving average is $78.28.

C&F Financial (NASDAQ:CFFI - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.The business had revenue of $39.37 million during the quarter.

C&F Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.48 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.92 annualized dividend and a yield of 2.0%. C&F Financial's dividend payout ratio (DPR) is currently 21.43%.

Institutional Trading of C&F Financial

Large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its position in C&F Financial by 370.0% in the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider's stock worth $26,000 after buying an additional 333 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of C&F Financial during the 2nd quarter valued at $105,000. Rhumbline Advisers boosted its stake in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider's stock worth $196,000 after acquiring an additional 3,035 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of C&F Financial by 1,887.9% in the 2nd quarter. California State Teachers Retirement System now owns 3,280 shares of the financial services provider's stock worth $262,000 after acquiring an additional 3,115 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of C&F Financial by 40.7% during 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. 37.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CFFI shares. Weiss Ratings upgraded shares of C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a research note on Wednesday, August 19th. Wall Street Zen downgraded C&F Financial from a "buy" rating to a "hold" rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy".

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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