City (NASDAQ:CHCO) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Posted by Brenda Bartman on Aug 22nd, 2026

City Holding Company (NASDAQ:CHCO – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $137.67 and traded as high as $144.35. City shares last traded at $144.00, with a volume of 91,824 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CHCO. Hovde Group increased their price target on shares of City from $135.00 to $143.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Weiss Ratings lowered City from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, City presently has an average rating of “Hold” and a consensus target price of $136.50.

Get Our Latest Report on City

City Stock Performance

The company has a market capitalization of $2.03 billion, a PE ratio of 15.81 and a beta of 0.48. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.83. The stock’s fifty day simple moving average is $137.95 and its 200-day simple moving average is $128.49.

City (NASDAQ:CHCO – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.12. The company had revenue of $81.52 million for the quarter, compared to analysts’ expectations of $80.64 million. City had a net margin of 32.58% and a return on equity of 16.34%. As a group, equities analysts predict that City Holding Company will post 9.29 earnings per share for the current year.

City Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were given a dividend of $0.87 per share. The ex-dividend date was Wednesday, July 15th. This represents a $3.48 dividend on an annualized basis and a yield of 2.4%. City’s dividend payout ratio (DPR) is 38.07%.

Insider Activity at City

In other City news, CEO Charles R. Hageboeck sold 4,485 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $144.96, for a total transaction of $650,145.60. Following the transaction, the chief executive officer owned 43,998 shares of the company’s stock, valued at $6,377,950.08. This represents a 9.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Jeffrey Dale Legge sold 1,309 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $125.00, for a total value of $163,625.00. Following the sale, the executive vice president owned 7,656 shares in the company, valued at $957,000. This trade represents a 14.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders acquired 444 shares of company stock valued at $59,740 and sold 7,652 shares valued at $1,044,906. 1.75% of the stock is currently owned by insiders.

Hedge Funds Weigh In On City

Several large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in City by 5.6% in the 1st quarter. Royal Bank of Canada now owns 15,586 shares of the bank’s stock worth $1,831,000 after buying an additional 821 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of City by 34.5% during the 1st quarter. AQR Capital Management LLC now owns 8,977 shares of the bank’s stock valued at $1,055,000 after acquiring an additional 2,305 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of City by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,634 shares of the bank’s stock worth $1,014,000 after acquiring an additional 387 shares during the period. Jones Financial Companies Lllp purchased a new position in shares of City during the 1st quarter worth about $104,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of City by 7.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,285 shares of the bank’s stock worth $4,497,000 after acquiring an additional 2,603 shares during the last quarter. 72.43% of the stock is currently owned by hedge funds and other institutional investors.

About City

(Get Free Report)

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.