Insider Selling: City Holding EVP Unloads 1,500 Shares of Stock (CHCO)
City Holding (NASDAQ:CHCO) EVP Craig Stilwell sold 1,500 shares of City Holding stock on the open market in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $46.11, for a total transaction of $69,165.00. Following the completion of the transaction, the executive vice president now directly owns 32,877 shares of the company’s stock, valued at approximately $1,515,958. The sale was disclosed in a filing with the SEC, which is available at this link.
City Holding (NASDAQ:CHCO) traded down 0.51% during mid-day trading on Wednesday, hitting $46.54. 7,301 shares of the company’s stock traded hands. City Holding has a 52-week low of $31.27 and a 52-week high of $46.75. The stock’s 50-day moving average is $43.27 and its 200-day moving average is $40.46. The company has a market cap of $732.1 million and a price-to-earnings ratio of 15.91.
City Holding (NASDAQ:CHCO) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.78 by $0.10. On average, analysts predict that City Holding will post $2.93 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Thursday, October 10th.
City Holding Company is a bank holding company. The Company conducts its principal activities through its wholly owned subsidiary, City National Bank of West Virginia (NASDAQ:CHCO).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.