Insider Selling: C&F Financial Co. (NASDAQ:CFFI) EVP Sells $185,125.00 in Stock

C&F Financial Co. (NASDAQ:CFFI) EVP John A. Seaman III sold 2,500 shares of C&F Financial stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total transaction of $185,125.00. Following the transaction, the executive vice president now directly owns 4,494 shares in the company, valued at $332,780.70. This represents a 35.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

C&F Financial Stock Performance

NASDAQ:CFFI opened at $73.00 on Friday. C&F Financial Co. has a 52-week low of $33.51 and a 52-week high of $79.09. The business’s fifty day moving average is $64.36 and its 200 day moving average is $55.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.88 and a current ratio of 0.90. The firm has a market cap of $235.79 million, a price-to-earnings ratio of 12.90 and a beta of 0.36.

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. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Friday, December 13th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Friday, December 13th. C&F Financial’s dividend payout ratio is presently 31.10%.

Hedge Funds Weigh In On C&F Financial

Several institutional investors and hedge funds have recently bought and sold shares of the stock. John G Ullman & Associates Inc. grew its holdings in C&F Financial by 2.0% in the 3rd quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider’s stock worth $586,000 after acquiring an additional 200 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of C&F Financial in the 2nd quarter worth approximately $31,000. Empowered Funds LLC raised its holdings in shares of C&F Financial by 5.2% during the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock valued at $790,000 after acquiring an additional 670 shares in the last quarter. Vanguard Group Inc. boosted its holdings in C&F Financial by 0.6% in the first quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock valued at $8,063,000 after acquiring an additional 945 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in C&F Financial in the second quarter valued at $201,000. 37.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered 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.