C&F Financial Co. (NASDAQ:CFFI) manager sells $112,222.00 worth of stock
C&F Financial Co. (NASDAQ: CFFI – Get a rating) Director James H. Hudson III sold 2,200 shares of the company in a trade that took place on Thursday, May 5. The stock was sold at an average price of $51.01, for a total value of $112,222.00. Following completion of the transaction, the administrator now directly owns 11,627 shares of the company, valued at $593,093.27. The transaction was disclosed in a legal filing with the SEC, available at this link.
Shares of NASDAQ CFFI traded at $0.01 during Monday trading hours, hitting $51.47. 100 shares of the company were traded, against an average volume of 2,857. The company’s 50-day moving average is $50.66. The company has a market capitalization of $182.82 million, a PE ratio of 6.76 and a beta of 0.44. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt ratio of 0.26. C&F Financial Co. has a 12-month low of $43.52 and a 12-month high of $55.00.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 1. Shareholders of record on Tuesday, March 15 received a dividend of $0.40. This represents an annualized dividend of $1.60 and a yield of 3.11%. The ex-dividend date was Monday, March 14. C&F Financial’s dividend payout ratio (DPR) is currently 21.02%.
Separately, StockNews.com began covering C&F Financial in a report on Thursday. They set a “buy” rating on the stock.
Several institutional investors and hedge funds have recently bought and sold shares of CFFI. Royal Bank of Canada increased its position in C&F Financial shares by 1,636.4% during the second quarter. Royal Bank of Canada now owns 3,004 shares of the financial services provider worth $153,000 after buying 2,831 more shares last quarter. Morgan Stanley increased its stake in C&F Financial shares by 304.0% during the second quarter. Morgan Stanley now owns 3,907 shares of the financial services provider worth $200,000 after buying 2,940 more shares in the last quarter. Advisor Group Holdings Inc. increased its stake in C&F Financial shares by 0.7% during the third quarter. Advisor Group Holdings Inc. now owns 55,061 shares of the financial services provider worth $2,924,000 after buying 409 additional shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in C&F Financial shares by 100.5% during Q3. O Shaughnessy Asset Management LLC now owns 9,266 shares of the financial services provider worth $492,000 after buying an additional 4,644 shares in the last quarter. Finally, First Republic Investment Management Inc. purchased a new stake in shares of C&F Financial during Q3 for a value of $202,000. 27.58% of the shares are currently held by institutional investors and hedge funds.
About C&F Financial (Get a rating)
C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank which provides retail and business banking services. The Company’s retail banking offers various banking services, including checking accounts and savings deposit accounts, as well as business, real estate, development, mortgage, home equity and installment loans.
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