C&F Financial Co. (NASDAQ:CFFI) EVP John A. Seaman III Sells 2,500 Shares

C&F Financial Co. (NASDAQ:CFFI) EVP John A. Seaman III sold 2,500 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $74.05, for a total transaction of $185,125.00. Following the sale, the executive vice president now owns 4,494 shares of the company’s stock, valued at $332,780.70. This trade represents a 35.74 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

C&F Financial Stock Performance

Shares of CFFI opened at $78.93 on Wednesday. The firm has a market capitalization of $254.55 million, a P/E ratio of 13.95 and a beta of 0.36. C&F Financial Co. has a 52 week low of $33.51 and a 52 week high of $79.09. The stock 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 debt-to-equity ratio of 0.41, a quick ratio of 0.88 and a current ratio of 0.90.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings results 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 business had revenue of $33.46 million during the quarter.

C&F Financial Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Friday, December 13th. C&F Financial’s dividend payout ratio (DPR) is presently 31.10%.

Institutional Investors Weigh In On C&F Financial

A number of institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in shares of C&F Financial in the second quarter valued at approximately $31,000. Cubist Systematic Strategies LLC purchased a new stake in shares of C&F Financial during the 2nd quarter valued at $201,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of C&F Financial during the 2nd quarter worth $206,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of C&F Financial in the 3rd quarter worth about $272,000. Finally, Squarepoint Ops LLC bought a new position in C&F Financial during the second quarter valued at about $374,000. 37.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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