C&F Financial Co. (NASDAQ:CFFI - Get Free Report) CFO Jason E. Long purchased 500 shares of the company's stock in a transaction on Wednesday, April 24th. The shares were bought at an average price of $38.47 per share, with a total value of $19,235.00. Following the completion of the transaction, the chief financial officer now owns 10,200 shares of the company's stock, valued at $392,394. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
C&F Financial Stock Up 2.0 %
Shares of NASDAQ CFFI traded up $0.74 during midday trading on Thursday, hitting $37.75. The company's stock had a trading volume of 12,949 shares, compared to its average volume of 7,357. The business's fifty day simple moving average is $47.72 and its two-hundred day simple moving average is $55.00. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.85 and a quick ratio of 0.84. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $72.00. The firm has a market capitalization of $127.20 million, a price-to-earnings ratio of 6.23 and a beta of 0.32.
C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its quarterly earnings data on Friday, April 19th. The financial services provider reported $1.01 EPS for the quarter. C&F Financial had a net margin of 13.29% and a return on equity of 10.01%. The business had revenue of $30.65 million during the quarter.
C&F Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.76 dividend on an annualized basis and a yield of 4.66%. C&F Financial's dividend payout ratio is currently 29.04%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A purchased a new stake in shares of C&F Financial during the 4th quarter worth approximately $48,000. Allspring Global Investments Holdings LLC acquired a new position in shares of C&F Financial during the 3rd quarter worth $64,000. SG Americas Securities LLC acquired a new position in shares of C&F Financial during the 4th quarter worth $119,000. Ritholtz Wealth Management acquired a new position in shares of C&F Financial during the 3rd quarter worth $235,000. Finally, BNP Paribas Financial Markets boosted its position in shares of C&F Financial by 42.7% in the 4th quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider's stock worth $323,000 after buying an additional 1,415 shares in the last quarter. Hedge funds and other institutional investors own 37.23% of the company's stock.
C&F Financial Company Profile
(
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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.
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