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Director Robert D. Fisher of City Holding Co (NASDAQ:CHCO), a $1.8 billion market cap financial company trading at a P/E ratio of 15.1, purchased 113 shares of common stock on July 28, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were bought at a price of $127.05, totaling $14,356.
Following the transaction, Fisher directly owns 45,621.8559 shares of City Holding Co, which includes 439.93231 shares acquired through a dividend reinvestment plan.
In other recent news, City Holding reported a strong quarterly performance, which led Keefe, Bruyette & Woods (KBW) to raise its price target for the company from $125 to $135. This adjustment was driven by an earnings beat primarily attributed to improvements in net interest income and provisions. The net interest margin for City Holding expanded by 11 basis points, reaching 3.95% from the previous 3.84%, while overall growth improved to 5%. Additionally, the company announced a dividend of $0.79 per share, which is scheduled for shareholders on record as of July 15, 2025, with a payment date set for July 31, 2025. This dividend declaration underscores City Holding’s ongoing commitment to delivering shareholder value. KBW maintained a Market Perform rating on the stock despite the positive developments. These recent developments highlight City Holding’s financial health and strategic focus on shareholder returns.
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