City (CHCO) Receives News Impact Score of 0.16

News articles about City (NASDAQ:CHCO) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. City earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 46.947237132584 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

A number of analysts have recently issued reports on the company. Boenning Scattergood reaffirmed a “hold” rating on shares of City in a research note on Wednesday, January 24th. BidaskClub raised City from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 18th. Sandler O’Neill set a $72.00 price target on City and gave the stock a “hold” rating in a research note on Thursday, January 4th. Finally, Zacks Investment Research raised City from a “sell” rating to a “hold” rating and set a $78.00 price target on the stock in a research note on Friday, December 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. City currently has a consensus rating of “Hold” and a consensus target price of $70.75.

City (CHCO) opened at $69.19 on Wednesday. City has a 1 year low of $58.80 and a 1 year high of $74.90. The company has a market capitalization of $1,086.08, a P/E ratio of 19.83, a P/E/G ratio of 1.94 and a beta of 0.84. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.90 and a current ratio of 0.90.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Monday, January 15th will be given a dividend of $0.46 per share. This is an increase from City’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.84 dividend on an annualized basis and a yield of 2.66%. City’s dividend payout ratio (DPR) is presently 52.72%.

In related news, CFO David L. Bumgarner sold 1,000 shares of City stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $73.00, for a total transaction of $73,000.00. Following the transaction, the chief financial officer now owns 10,965 shares in the company, valued at $800,445. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.88% of the company’s stock.

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About City

City Holding Company is a financial holding company. The Company conducts its principal activities through its subsidiary, City National Bank of West Virginia (City National). As of December 31, 2016, the City National provided banking, trust and investment management and other financial solutions through its network of 85 banking offices located in the states of West Virginia, Virginia, eastern Kentucky and southeastern Ohio.

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

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