Javier Reyes Acquires 83 Shares of City (NASDAQ:CHCO) Stock

City Holding Company (NASDAQ:CHCOGet Free Report) Director Javier Reyes purchased 83 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was acquired at an average price of $134.55 per share, with a total value of $11,167.65. Following the purchase, the director owned 2,368 shares of the company’s stock, valued at approximately $318,614.40. This represents a 3.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

City Stock Up 0.2%

City stock opened at $145.21 on Thursday. The firm has a market capitalization of $2.05 billion, a P/E ratio of 15.89 and a beta of 0.49. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.19. City Holding Company has a twelve month low of $113.21 and a twelve month high of $146.66. The stock’s fifty day simple moving average is $131.27 and its 200-day simple moving average is $125.78.

City (NASDAQ:CHCOGet Free Report) last released its earnings results on Wednesday, July 22nd. The bank reported $2.35 earnings per share (EPS) 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 firm had revenue of $81.52 million during the quarter, compared to analyst estimates of $80.64 million. As a group, equities analysts expect that City Holding Company will post 9.29 earnings per share for the current fiscal year.

City Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.4%. City’s payout ratio is currently 38.07%.

Wall Street Analysts Forecast Growth

CHCO has been the topic of several analyst reports. Weiss Ratings raised shares of City from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, July 16th. Hovde Group boosted their price target on shares of City from $135.00 to $143.00 and gave the stock a “market perform” rating in a report on Monday. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $136.50.

Read Our Latest Stock Report on City

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CHCO. Tudor Investment Corp ET AL increased its holdings in shares of City by 63.2% in the 3rd quarter. Tudor Investment Corp ET AL now owns 77,039 shares of the bank’s stock valued at $9,543,000 after acquiring an additional 29,828 shares during the last quarter. Virtu Financial LLC purchased a new stake in City during the fourth quarter worth approximately $1,353,000. Louisiana State Employees Retirement System purchased a new stake in City during the first quarter worth approximately $765,000. Geneos Wealth Management Inc. boosted its holdings in City by 93.1% in the first quarter. Geneos Wealth Management Inc. now owns 676 shares of the bank’s stock valued at $81,000 after purchasing an additional 326 shares in the last quarter. Finally, Commonwealth Financial Services LLC acquired a new position in City in the first quarter valued at approximately $373,000. 72.43% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting City

Here are the key news stories impacting City this week:

  • Positive Sentiment: Analyst upgrade lifts momentum: CHCO reached a new 52-week high after an analyst upgrade. Hovde Group also raised its price target to $143 from $135, signaling improved expectations for the bank’s valuation, although it retained a “market perform” rating. City Hits New 52-Week High After Analyst Upgrade
  • Positive Sentiment: Quarterly earnings exceeded expectations: City Holding reported $2.35 in quarterly EPS, beating the $2.23 consensus estimate, while revenue of $81.52 million topped expectations of approximately $80.65 million. The bank’s 32.58% net margin and 16.38% return on equity further support the fundamental case for the stock.
  • Positive Sentiment: Several directors bought shares: Directors Robert D. Fisher, Diane W. Strong-Treister, James A. Hoyer and Javier A. Reyes collectively purchased 444 shares at $134.55 per share, worth approximately $59,740. The purchases increased their respective holdings and may reinforce confidence in City’s prospects, although all trades were made under pre-arranged Rule 10b5-1 plans. City Director Javier Reyes Acquires Shares
  • Positive Sentiment: Dividend supports income appeal: City declared a quarterly dividend of $0.87, equivalent to $3.48 annually and a yield of about 2.4%. The 38.07% payout ratio suggests room to maintain the shareholder distribution.
  • Neutral Sentiment: Valuation may limit further upside: The broader analyst consensus remains “Hold,” with an average target of $136.50—below the stock’s recent trading level. Hovde’s higher target is constructive, but its neutral rating indicates analysts are not uniformly bullish.

City Company Profile

(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.

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Insider Buying and Selling by Quarter for City (NASDAQ:CHCO)

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