City Holding Company (CHCO) At $70.92 Forms Top; Nicholas Investment Partners LP Has Cut Netflix (NFLX) Position

April 11, 2018 - By Annabelle Johnson

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City Holding Company (CHCO) formed multiple top with $75.88 target or 7.00% above today’s $70.92 share price. City Holding Company (CHCO) has $1.10 billion valuation. The stock increased 2.22% or $1.54 during the last trading session, reaching $70.92. About 47,859 shares traded. City Holding Company (NASDAQ:CHCO) has risen 10.11% since April 11, 2017 and is uptrending. It has underperformed by 1.44% the S&P500.

Nicholas Investment Partners Lp decreased Netflix Inc (NFLX) stake by 41.42% reported in 2017Q4 SEC filing. Nicholas Investment Partners Lp sold 6,563 shares as Netflix Inc (NFLX)’s stock rose 58.31%. The Nicholas Investment Partners Lp holds 9,281 shares with $1.78M value, down from 15,844 last quarter. Netflix Inc now has $129.35B valuation. The stock increased 2.81% or $8.14 during the last trading session, reaching $298.07. About 10.42 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 11, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Since January 16, 2018, it had 2 insider purchases, and 1 insider sale for $327,949 activity. HYLTON TRACY W II also bought $9,857 worth of City Holding Company (NASDAQ:CHCO) on Tuesday, January 16. 162 shares were bought by FISHER ROBERT D, worth $11,406 on Tuesday, January 16. Shares for $349,212 were sold by HAGEBOECK CHARLES R.

Among 5 analysts covering City Holding Company (NASDAQ:CHCO), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. City Holding Company has $72.0 highest and $44 lowest target. $64.67’s average target is -8.81% below currents $70.92 stock price. City Holding Company had 13 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of City Holding Company (NASDAQ:CHCO) has “Hold” rating given on Monday, July 24 by Keefe Bruyette & Woods. The rating was maintained by Sandler O’Neill on Thursday, January 4 with “Hold”. The firm has “Hold” rating given on Monday, February 26 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, October 6. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Friday, June 16 with “Hold”. The firm has “Sell” rating by Zacks given on Wednesday, August 12. The stock of City Holding Company (NASDAQ:CHCO) has “Equalweight” rating given on Friday, January 8 by Stephens. The firm has “Hold” rating given on Thursday, October 19 by Keefe Bruyette & Woods.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.31, from 1.31 in 2017Q3. It is negative, as 13 investors sold City Holding Company shares while 41 reduced holdings. 20 funds opened positions while 34 raised stakes. 10.53 million shares or 3.91% more from 10.13 million shares in 2017Q3 were reported. 42,188 were accumulated by Deutsche Retail Bank Ag. 73,912 were reported by Schwab Charles Invest Mngmt. Scotia holds 18,904 shares or 0.02% of its portfolio. Vanguard Gp invested 0% of its portfolio in City Holding Company (NASDAQ:CHCO). Citadel Advsr Ltd Liability Corp has invested 0% in City Holding Company (NASDAQ:CHCO). Mason Street Advisors Lc has invested 0.01% in City Holding Company (NASDAQ:CHCO). Bnp Paribas Arbitrage holds 11,824 shares. Cambridge Rech Advsr holds 0% or 3,100 shares in its portfolio. Lbmc Inv Advsrs Lc has invested 0.03% in City Holding Company (NASDAQ:CHCO). Teacher Retirement Systems Of Texas has 0% invested in City Holding Company (NASDAQ:CHCO). Macquarie reported 342,678 shares stake. Credit Suisse Ag accumulated 34,534 shares or 0% of the stock. Arizona State Retirement System holds 0.02% or 26,249 shares. Beck Mack Oliver Llc holds 0.02% or 9,861 shares in its portfolio. The Ontario – Canada-based Manufacturers Life Insurance The has invested 0.01% in City Holding Company (NASDAQ:CHCO).

Analysts await City Holding Company (NASDAQ:CHCO) to report earnings on April, 23. They expect $1.07 EPS, up 2.88% or $0.03 from last year’s $1.04 per share. CHCO’s profit will be $16.60M for 16.57 P/E if the $1.07 EPS becomes a reality. After $1.08 actual EPS reported by City Holding Company for the previous quarter, Wall Street now forecasts -0.93% negative EPS growth.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.19, from 1.12 in 2017Q3. It improved, as 53 investors sold NFLX shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. North Star Inv Mgmt holds 0.02% or 695 shares. Ifc Fl holds 5,222 shares or 0.07% of its portfolio. Miles Capital, Iowa-based fund reported 1,304 shares. Sfmg Ltd Liability Company has invested 0.06% in Netflix, Inc. (NASDAQ:NFLX). Truepoint holds 2,219 shares or 0.04% of its portfolio. Principal Group, Iowa-based fund reported 641,314 shares. Sumitomo Life Ins Co holds 12,861 shares. Employees Retirement Association Of Colorado stated it has 0.11% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). The Massachusetts-based Cap Impact has invested 1.11% in Netflix, Inc. (NASDAQ:NFLX). Kentucky Retirement System reported 0.36% in Netflix, Inc. (NASDAQ:NFLX). 71,845 were reported by Nomura Holdings Inc. Columbus Circle Investors reported 377,397 shares. 1,311 were reported by Stonebridge Capital Management. Private Advisor Gp Ltd Liability Corporation has 0.15% invested in Netflix, Inc. (NASDAQ:NFLX). Synovus Fincl Corp reported 0.01% stake.

Analysts await Netflix, Inc. (NASDAQ:NFLX) to report earnings on April, 16. They expect $0.63 earnings per share, up 57.50% or $0.23 from last year’s $0.4 per share. NFLX’s profit will be $273.39M for 118.28 P/E if the $0.63 EPS becomes a reality. After $0.41 actual earnings per share reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 53.66% EPS growth.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 38 have Buy rating, 2 Sell and 16 Hold. Therefore 68% are positive. Netflix had 237 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, April 19 by Citigroup. The firm has “Buy” rating by Goldman Sachs given on Tuesday, April 19. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Buy” rating given on Friday, August 28 by Wunderlich. The firm has “Neutral” rating given on Tuesday, October 18 by Mizuho. The stock has “Buy” rating by Oppenheimer on Tuesday, July 18. The rating was initiated by Axiom Capital on Monday, August 29 with “Sell”. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, December 21. JP Morgan maintained the stock with “Overweight” rating in Thursday, October 15 report. The firm has “Neutral” rating by Citigroup given on Tuesday, July 19. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Overweight” rating given on Tuesday, February 2 by Piper Jaffray.

City Holding Company (NASDAQ:CHCO) Institutional Positions Chart