C&F Financial Co. (NASDAQ:CFFI) CEO S Dustin Crone Sells 1,400 Shares of Stock

C&F Financial Co. (NASDAQ:CFFI) CEO S Dustin Crone sold 1,400 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $72.71, for a total transaction of $101,794.00. Following the completion of the transaction, the chief executive officer now directly owns 8,437 shares in the company, valued at $613,454.27. This represents a 14.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

C&F Financial Price Performance

Shares of CFFI opened at $71.97 on Friday. 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 stock’s 50 day moving average is $64.59 and its two-hundred day moving average is $55.51. C&F Financial Co. has a twelve month low of $33.51 and a twelve month high of $79.09. The firm has a market capitalization of $232.10 million, a PE ratio of 12.72 and a beta of 0.36.

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

C&F Financial Announces Dividend

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 payout ratio is currently 31.10%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in shares of C&F Financial during the 2nd quarter worth approximately $31,000. Cubist Systematic Strategies LLC acquired a new stake in shares of C&F Financial during the second quarter worth $201,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of C&F Financial in the second quarter valued at $206,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in C&F Financial in the third quarter valued at $272,000. Finally, Squarepoint Ops LLC purchased a new position in C&F Financial during the second quarter worth about $374,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of C&F Financial from a “buy” rating to a “hold” rating in a 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.