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

C&F Financial Co. (NASDAQ:CFFI) EVP John A. Seaman III sold 2,500 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total value of $185,125.00. Following the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

C&F Financial Stock Down 7.5 %

Shares of NASDAQ CFFI opened at $73.00 on Thursday. The business has a 50-day moving average of $64.09 and a two-hundred day moving average of $55.18. The company has a market capitalization of $235.79 million, a price-to-earnings ratio of 12.90 and a beta of 0.36. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $79.09. 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 (NASDAQ:CFFI) last posted its 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 firm had revenue of $33.46 million for the quarter.

C&F Financial Dividend Announcement

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

Hedge Funds Weigh In On C&F Financial

Several institutional investors have recently added to or reduced their stakes in CFFI. Allspring Global Investments Holdings LLC acquired a new stake in shares of C&F Financial in the 2nd quarter worth $31,000. Cubist Systematic Strategies LLC acquired a new position in shares of C&F Financial during the 2nd quarter worth $201,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of C&F Financial in the 2nd quarter valued at about $206,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of C&F Financial in the third quarter valued at about $272,000. Finally, Squarepoint Ops LLC purchased a new stake in C&F Financial during the second quarter worth about $374,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

Analyst Upgrades and Downgrades

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