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

C&F Financial Co. (NASDAQ:CFFI) CFO Jason E. Long acquired 500 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were purchased 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 owns 10,200 shares of the company’s stock, valued at $392,394. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

C&F Financial Stock Performance

NASDAQ CFFI opened at $38.54 on Friday. The company has a market cap of $129.88 million, a P/E ratio of 6.36 and a beta of 0.32. The company has a fifty day simple moving average of $47.39 and a 200 day simple moving average of $54.88. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.24. C&F Financial Co. has a 12-month low of $33.51 and a 12-month high of $72.00.

C&F Financial (NASDAQ:CFFI) last posted 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 for the quarter. C&F Financial had a net margin of 13.29% and a return on equity of 10.01%.

C&F Financial Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Ritholtz Wealth Management purchased a new stake in C&F Financial in the 3rd quarter valued at $235,000. SG Americas Securities LLC purchased a new stake in shares of C&F Financial in the fourth quarter valued at about $119,000. O Shaughnessy Asset Management LLC lifted its position in shares of C&F Financial by 27.6% during the third 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. Allspring Global Investments Holdings LLC purchased a new position in C&F Financial during the third quarter worth about $64,000. Finally, OLD Point Trust & Financial Services N A purchased a new position in C&F Financial during the fourth quarter worth about $48,000. 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.