Mark A. Fox Sells 1,032 Shares of C&F Financial Co. (NASDAQ:CFFI) Stock

C&F Financial Co. (NASDAQ:CFFI - Get Free Report) CEO Mark A. Fox sold 1,032 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $81.00, for a total value of $83,592.00. Following the completion of the sale, the chief executive officer now directly owns 11,005 shares of the company's stock, valued at $891,405. The trade was a 8.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

C&F Financial Stock Performance

CFFI stock traded down $2.64 during trading on Friday, hitting $70.56. The company had a trading volume of 7,200 shares, compared to its average volume of 13,299. The firm has a market cap of $228.61 million, a PE ratio of 11.70 and a beta of 0.33. C&F Financial Co. has a 1-year low of $33.51 and a 1-year high of $89.90. The firm has a 50-day moving average price of $76.19 and a 200-day moving average price of $68.91. 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 - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

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C&F Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.61%. The ex-dividend date is Friday, March 14th. This is a boost from C&F Financial's previous quarterly dividend of $0.44. C&F Financial's payout ratio is 30.51%.

Hedge Funds Weigh In On C&F Financial

Institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP acquired a new position in C&F Financial in the 3rd quarter valued at about $476,000. Empowered Funds LLC increased its position in C&F Financial by 5.0% during the 4th quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider's stock worth $1,012,000 after purchasing an additional 671 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in C&F Financial during the 3rd quarter worth approximately $272,000. John G Ullman & Associates Inc. increased its position in C&F Financial by 2.0% during 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 during the period. Finally, Ritholtz Wealth Management acquired a new position in C&F Financial during the 4th quarter worth approximately $218,000. Institutional investors and hedge funds own 37.23% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded 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 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.