Jason E. Long Purchases 500 Shares of C&F Financial Co. (NASDAQ:CFFI) Stock

C&F Financial Co. (NASDAQ:CFFI) CFO Jason E. Long bought 500 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was bought at an average price of $38.47 per share, with a total value of $19,235.00. Following the acquisition, the chief financial officer now directly owns 10,200 shares in the company, valued at approximately $392,394. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

C&F Financial Trading Up 2.1 %

CFFI opened at $38.54 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.24. The firm has a market cap of $129.88 million, a P/E ratio of 6.36 and a beta of 0.32. C&F Financial Co. has a 52 week low of $33.51 and a 52 week high of $72.00. The business has a fifty day simple moving average of $47.39 and a 200-day simple moving average of $54.89.

C&F Financial (NASDAQ:CFFI) last released its earnings results on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. The company had revenue of $30.65 million during the quarter. C&F Financial had a return on equity of 10.01% and a net margin of 13.29%.

C&F Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.76 dividend on an annualized basis and a yield of 4.57%. C&F Financial’s dividend payout ratio (DPR) is presently 29.04%.

Institutional Trading of C&F Financial

A number of large investors have recently modified their holdings of CFFI. Ritholtz Wealth Management purchased a new position in C&F Financial in the third quarter valued at $235,000. O Shaughnessy Asset Management LLC raised its position in C&F Financial by 27.6% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 10,023 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 2,169 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of C&F Financial in the 4th quarter valued at about $119,000. BNP Paribas Financial Markets grew its position in shares of C&F Financial by 42.7% during the fourth quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider’s stock worth $323,000 after buying an additional 1,415 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of C&F Financial during the third quarter worth approximately $64,000. Hedge funds and other institutional investors own 37.23% of the company’s stock.

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.