C&F Financial Co. (NASDAQ:CFFI) CEO Sells $83,592.00 in Stock

C&F Financial Co. (NASDAQ:CFFI) CEO Mark A. Fox sold 1,032 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $81.00, for a total transaction of $83,592.00. Following the transaction, the chief executive officer now owns 11,005 shares in the company, valued at approximately $891,405. The trade was a 8.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

C&F Financial Trading Down 2.3 %

Shares of NASDAQ:CFFI traded down $1.73 during mid-day trading on Wednesday, reaching $73.37. 3,244 shares of the company were exchanged, compared to its average volume of 13,162. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.88. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $89.90. The firm has a market cap of $237.28 million, a price-to-earnings ratio of 12.20 and a beta of 0.38. The firm’s 50-day simple moving average is $76.20 and its 200 day simple moving average is $68.74.

C&F Financial (NASDAQ:CFFI) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

C&F Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from C&F Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 2.51%. C&F Financial’s payout ratio is currently 30.51%.

Institutional Investors Weigh In On C&F Financial

Hedge funds have recently modified their holdings of the stock. GSA Capital Partners LLP acquired a new position in C&F Financial during the third quarter worth $476,000. Empowered Funds LLC raised 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 during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of C&F Financial during the third quarter worth approximately $272,000. John G Ullman & Associates Inc. raised its stake 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 purchasing an additional 200 shares in the last quarter. Finally, Ritholtz Wealth Management acquired a new position in shares of C&F Financial in the 4th quarter valued at approximately $218,000. 37.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.