City Holding Company (NASDAQ:CHCO – Get Free Report) Director James Hoyer acquired 95 shares of City stock in a transaction on Tuesday, July 21st. The stock was acquired at an average cost of $134.55 per share, for a total transaction of $12,782.25. Following the completion of the purchase, the director owned 702 shares of the company’s stock, valued at approximately $94,454.10. The trade was a 15.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
City Price Performance
CHCO opened at $144.90 on Wednesday. The company has a fifty day moving average price of $130.84 and a two-hundred day moving average price of $125.63. The firm has a market capitalization of $2.04 billion, a PE ratio of 15.85 and a beta of 0.49. City Holding Company has a 52 week low of $113.21 and a 52 week high of $146.66. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.84 and a current ratio of 0.84.
City (NASDAQ:CHCO – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The bank reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.23 by $0.12. City had a return on equity of 16.38% and a net margin of 32.58%.The company had revenue of $81.52 million for the quarter, compared to the consensus estimate of $80.64 million. As a group, analysts anticipate that City Holding Company will post 9.14 earnings per share for the current year.
City Dividend Announcement
Hedge Funds Weigh In On City
Institutional investors and hedge funds have recently made changes to their positions in the company. First Horizon Corp increased its position in shares of City by 146.0% in the 4th quarter. First Horizon Corp now owns 246 shares of the bank’s stock valued at $29,000 after buying an additional 146 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in City in the fourth quarter valued at about $29,000. Quarry LP acquired a new position in City in the third quarter valued at about $32,000. Simplex Trading LLC bought a new stake in shares of City in the fourth quarter worth about $36,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of City by 113.1% in the second quarter. Geneos Wealth Management Inc. now owns 373 shares of the bank’s stock worth $46,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 72.43% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on CHCO shares. Hovde Group raised their target price on City from $135.00 to $143.00 and gave the stock a “market perform” rating in a report on Monday. Weiss Ratings raised City from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, City currently has an average rating of “Hold” and an average price target of $136.50.
Check Out Our Latest Research Report on CHCO
Key Headlines Impacting City
Here are the key news stories impacting City this week:
- Positive Sentiment: Analyst upgrade supports momentum: City Holding reached a new 52-week high after receiving an analyst upgrade, providing a positive catalyst for CHCO. City Hits New 52-Week High After Analyst Upgrade
- Positive Sentiment: Multiple director purchases: Directors Robert D. Fisher, Diane W. Strong-Treister, James A. Hoyer and Javier A. Reyes collectively bought 444 shares at $134.55 each, investing approximately $59,740. The purchases increased their individual holdings and may reinforce investor confidence in the bank’s prospects. Robert Fisher SEC filing
- Positive Sentiment: Income-investment appeal: A recent analysis highlighted City Holding as a potential dividend-stock choice, which could attract investors seeking reliable shareholder returns. City Holding Could Be a Great Choice
- Neutral Sentiment: Higher target but cautious rating: Hovde Group raised its price target from $135 to $143 while maintaining a “market perform” rating. The increase reflects improved valuation expectations, but the neutral rating limits the bullishness of the call.
City Company Profile
City Holding Company (NASDAQ:CHCO) is a bank holding company headquartered in Morgantown, West Virginia. Through its wholly owned subsidiary, City National Bank, the company offers a full range of banking and financial services to individuals, businesses and nonprofit organizations. Its operations emphasize community-oriented banking, combining local decision-making with access to digital banking platforms.
The company’s product portfolio includes deposit accounts such as checking, savings and money market accounts, as well as consumer and commercial lending solutions ranging from personal loans and mortgages to commercial real estate and equipment financing.
Featured Articles
- Five stocks we like better than City
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Receive News & Ratings for City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City and related companies with MarketBeat.com's FREE daily email newsletter.
