Insider Selling: C&F Financial Co. (NASDAQ:CFFI) CEO Sells $101,794.00 in 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 stock was sold at an average price of $72.71, for a total transaction of $101,794.00. Following the completion of the sale, the chief executive officer now owns 8,437 shares in the company, valued at $613,454.27. The trade was a 14.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

C&F Financial Trading Down 1.4 %

C&F Financial stock opened at $71.97 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The firm has a market cap of $232.46 million, a PE ratio of 12.72 and a beta of 0.36. The stock’s 50 day simple moving average is $64.59 and its two-hundred day simple moving average is $55.68. C&F Financial Co. has a 12 month low of $33.51 and a 12 month high of $79.09.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share (EPS) for the quarter. The business had revenue of $33.46 million for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%.

C&F Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Friday, December 13th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.45%. The ex-dividend date is Friday, December 13th. C&F Financial’s dividend payout ratio is currently 31.10%.

Institutional Investors Weigh In On C&F Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. John G Ullman & Associates Inc. raised its position in shares of C&F Financial by 2.0% in the third quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider’s stock valued at $586,000 after buying an additional 200 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in C&F Financial in the 3rd quarter valued at about $272,000. Empowered Funds LLC lifted its stake in C&F Financial by 5.2% in the 3rd 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. GSA Capital Partners LLP acquired a new position in shares of C&F Financial during the 3rd quarter worth approximately $476,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of C&F Financial in the second quarter valued at approximately $201,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

Analyst Upgrades and Downgrades

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

C&F Financial Company Profile

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.