C&F Financial Co. (NASDAQ:CFFI) CFO Jason E. Long Sells 600 Shares

C&F Financial Co. (NASDAQ:CFFI) CFO Jason E. Long sold 600 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $78.71, for a total transaction of $47,226.00. Following the completion of the sale, the chief financial officer now owns 9,600 shares of the company’s stock, valued at $755,616. The trade was a 5.88 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

C&F Financial Trading Down 8.3 %

Shares of NASDAQ:CFFI traded down $6.55 during trading on Wednesday, hitting $72.38. 10,090 shares of the company’s stock were exchanged, compared to its average volume of 12,630. C&F Financial Co. has a 1-year low of $33.51 and a 1-year high of $79.09. The firm has a 50-day moving average price of $63.78 and a two-hundred day moving average price of $55.05. 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 $233.79 million, a P/E ratio of 13.95 and a beta of 0.36.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $1.65 EPS for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%. 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 issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Friday, December 13th. C&F Financial’s dividend payout ratio is currently 31.10%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. John G Ullman & Associates Inc. grew its holdings in C&F Financial by 2.0% during 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 purchasing an additional 200 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in C&F Financial in the third quarter valued at approximately $272,000. Empowered Funds LLC lifted its stake in C&F Financial by 5.2% in the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock valued at $790,000 after buying an additional 670 shares in the last quarter. GSA Capital Partners LLP bought a new position in C&F Financial in the third quarter valued at approximately $476,000. Finally, Cubist Systematic Strategies LLC bought a new position in 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 Ratings Changes

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

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.