C&F Financial (NASDAQ:CFFI) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• C&F Financial shares crossed above their 200-day moving average, trading as high as $95.99 and most recently at $94.89, compared with a 200-day average of $78.15.
• The company reported quarterly EPS of $2.40 on $39.37 million in revenue, with a 10.72% return on equity and 14.91% net margin. It also declared a quarterly dividend of $0.48 per share, equivalent to a 2.0% annualized yield.
• Analyst sentiment is generally positive, with MarketBeat reporting an average “Buy” rating, although one service downgraded the stock to “Hold.” Insiders sold 3,953 shares worth approximately $326,416 over the past three months.

Shares of C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $78.15 and traded as high as $95.99. C&F Financial shares last traded at $94.89, with a volume of 34,875 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Weiss Ratings raised C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a report on Wednesday, August 19th. Wall Street Zen lowered C&F Financial from a "buy" rating to a "hold" rating in a report on Saturday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy".

C&F Financial Price Performance

The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.42. The company has a market cap of $308.39 million, a P/E ratio of 10.59 and a beta of 0.33. The business's fifty day moving average is $84.46 and its 200 day moving average is $78.15.

C&F Financial (NASDAQ:CFFI - Get Free Report) last released its 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 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.92 annualized dividend and a yield of 2.0%. C&F Financial's dividend payout ratio is 21.43%.

Insider Buying and Selling at C&F Financial

In other news, Director D Anthony Peay sold 425 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $85.92, for a total value of $36,516.00. Following the sale, the director owned 1,850 shares of the company's stock, valued at $158,952. The trade was a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Thomas Cherry sold 678 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $75.56, for a total value of $51,229.68. Following the sale, the chief executive officer owned 39,869 shares in the company, valued at approximately $3,012,501.64. This represents a 1.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,953 shares of company stock worth $326,416 over the last three months. Company insiders own 6.40% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its holdings in shares of 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 in the last quarter. New York State Common Retirement Fund bought a new position in shares of C&F Financial in the second quarter worth $105,000. 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 worth $196,000 after purchasing an additional 3,035 shares during the period. California State Teachers Retirement System raised its position in shares of C&F Financial by 1,887.9% in the second quarter. California State Teachers Retirement System now owns 3,280 shares of the financial services provider's stock worth $262,000 after buying an additional 3,115 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of 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 buying an additional 1,550 shares in the last quarter. Institutional investors own 37.23% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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