C&F Financial Co. (NASDAQ:CFFI) Director Charles Elis Olsson Sells 500 Shares

C&F Financial Co. (NASDAQ:CFFI) Director Charles Elis Olsson sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $57.01, for a total transaction of $28,505.00. Following the completion of the sale, the director now directly owns 9,375 shares in the company, valued at $534,468.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

C&F Financial Price Performance

C&F Financial stock opened at $56.50 on Friday. The company’s 50 day simple moving average is $47.91 and its 200-day simple moving average is $48.44. The company has a market capitalization of $189.84 million, a price-to-earnings ratio of 9.32 and a beta of 0.39. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $72.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 0.88.

C&F Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Friday, June 14th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date was Friday, June 14th. C&F Financial’s dividend payout ratio (DPR) is 29.04%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CFFI. Allspring Global Investments Holdings LLC acquired a new position in shares of C&F Financial in the second quarter valued at approximately $31,000. Clearstead Trust LLC acquired a new position in C&F Financial during the 1st quarter worth approximately $47,000. OLD Point Trust & Financial Services N A acquired a new position in C&F Financial during the 4th quarter worth approximately $48,000. SG Americas Securities LLC acquired a new position in C&F Financial during the 4th quarter worth approximately $119,000. Finally, BNP Paribas Financial Markets grew its holdings in C&F Financial by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider’s stock worth $323,000 after acquiring an additional 1,415 shares in the last quarter. Institutional investors and hedge funds 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.