C&F Financial Corp (NASDAQ:CFFI) President Thomas F. Cherry sold 1,748 shares of the stock in a transaction dated Monday, January 15th. The shares were sold at an average price of $58.60, for a total value of $102,432.80. Following the completion of the transaction, the president now directly owns 31,287 shares in the company, valued at approximately $1,833,418.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
C&F Financial Corp (NASDAQ CFFI) traded down $0.20 during mid-day trading on Wednesday, reaching $58.40. The company’s stock had a trading volume of 2,000 shares, compared to its average volume of 2,590. C&F Financial Corp has a 52 week low of $42.25 and a 52 week high of $65.05. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.95 and a current ratio of 0.99. The company has a market capitalization of $204.38, a P/E ratio of 15.66 and a beta of 0.94.
C&F Financial (NASDAQ:CFFI) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.87 earnings per share for the quarter. C&F Financial had a return on equity of 9.06% and a net margin of 11.20%. The company had revenue of $26.94 million for the quarter.
A number of hedge funds have recently bought and sold shares of the business. JBF Capital Inc. lifted its holdings in C&F Financial by 107.3% in the second quarter. JBF Capital Inc. now owns 2,303 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 1,192 shares during the period. Royal Bank of Canada lifted its holdings in C&F Financial by 2,723.5% in the second quarter. Royal Bank of Canada now owns 2,400 shares of the financial services provider’s stock valued at $113,000 after acquiring an additional 2,315 shares during the period. LSV Asset Management lifted its holdings in C&F Financial by 5.7% in the second quarter. LSV Asset Management now owns 48,602 shares of the financial services provider’s stock valued at $2,279,000 after acquiring an additional 2,622 shares during the period. Strs Ohio lifted its holdings in C&F Financial by 42.9% in the third quarter. Strs Ohio now owns 10,000 shares of the financial services provider’s stock valued at $550,000 after acquiring an additional 3,000 shares during the period. Finally, State Street Corp lifted its holdings in C&F Financial by 8.9% in the second quarter. State Street Corp now owns 43,656 shares of the financial services provider’s stock valued at $2,046,000 after acquiring an additional 3,565 shares during the period. 30.91% of the stock is currently owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: This news story was posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/01/17/cf-financial-corp-cffi-president-thomas-f-cherry-sells-1748-shares.html.
C&F Financial Company Profile
C&F Financial Corporation is a bank holding company. The Company owns and operates through its subsidiary, Citizens and Farmers Bank (the Bank or C&F Bank), which is an independent commercial bank. The Company’s segments include Retail Banking, Mortgage Banking, Consumer Finance and Other. Through the Retail Banking segment, the Company engages in a range of lending activities, which include the origination of one- to four-family and multi-family residential mortgage loans, commercial real estate loans, construction loans, land acquisition and development loans, consumer loans and commercial business loans.
Receive News & Ratings for C&F Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C&F Financial and related companies with MarketBeat.com's FREE daily email newsletter.