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

C&F Financial Co. (NASDAQ:CFFI) CEO S Dustin Crone sold 1,400 shares of C&F Financial stock in a transaction dated 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 transaction, the chief executive officer now owns 8,437 shares of the company’s stock, valued at $613,454.27. The trade was a 14.23 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

C&F Financial Price Performance

NASDAQ:CFFI traded down $1.03 during mid-day trading on Friday, hitting $71.97. 4,133 shares of the stock traded hands, compared to its average volume of 12,611. The business’s 50-day moving average price is $64.36 and its 200 day moving average price is $55.30. The company has a market cap of $232.46 million, a PE ratio of 12.90 and a beta of 0.36. C&F Financial Co. has a 12-month low of $33.51 and a 12-month high of $79.09. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41.

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

C&F Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Friday, December 13th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.76 annualized dividend and a yield of 2.45%. C&F Financial’s payout ratio is presently 31.10%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On C&F Financial

Hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC bought a new stake in C&F Financial during the second quarter valued at approximately $31,000. Cubist Systematic Strategies LLC bought a new stake in shares of C&F Financial in the 2nd quarter worth approximately $201,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of C&F Financial in the 2nd quarter worth approximately $206,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of C&F Financial in the 3rd quarter worth approximately $272,000. Finally, Squarepoint Ops LLC bought a new stake in shares of C&F Financial in the 2nd quarter worth approximately $374,000. 37.23% of the stock is currently owned by institutional investors.

About C&F Financial

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.