City Holding Company (CHCO) Is At $73.84 Formed Wedge; Hilltop Holdings Decreased Pan American Silver (PAAS) Stake By $1.70 Million

City Holding Company (NASDAQ:CHCO) Logo

Hilltop Holdings Inc decreased Pan American Silver Corp (PAAS) stake by 31.22% reported in 2017Q4 SEC filing. Hilltop Holdings Inc sold 113,067 shares as Pan American Silver Corp (PAAS)’s stock rose 2.30%. The Hilltop Holdings Inc holds 249,100 shares with $3.88 million value, down from 362,167 last quarter. Pan American Silver Corp now has $2.67B valuation. The stock increased 1.45% or $0.25 during the last trading session, reaching $17.51. About 835,278 shares traded. Pan American Silver Corp. (NASDAQ:PAAS) has declined 10.15% since May 17, 2017 and is downtrending. It has underperformed by 21.70% the S&P500.

City Holding Company (CHCO) formed wedge up with $80.49 target or 9.00% above today’s $73.84 share price. City Holding Company (CHCO) has $1.14 billion valuation. The stock increased 1.28% or $0.93 during the last trading session, reaching $73.84. About 78,957 shares traded or 21.53% up from the average. City Holding Company (NASDAQ:CHCO) has risen 10.11% since May 17, 2017 and is uptrending. It has underperformed by 1.44% the S&P500.

More recent Pan American Silver Corp. (NASDAQ:PAAS) news were published by: Seekingalpha.com which released: “Pan American Silver’s (PAAS) CEO Michael Steinmann on Q1 2018 Results – Earnings Call Transcript” on May 10, 2018. Also Investingnews.com published the news titled: “Markets Rise as Commodities Fall” on April 30, 2018. Prnewswire.com‘s news article titled: “Pan American Silver to Announce Q1 2018 Unaudited Results and Host Annual General and Special Meeting of …” with publication date: April 26, 2018 was also an interesting one.

Analysts await Pan American Silver Corp. (NASDAQ:PAAS) to report earnings on August, 8. They expect $0.19 earnings per share, up 26.67% or $0.04 from last year’s $0.15 per share. PAAS’s profit will be $28.96M for 23.04 P/E if the $0.19 EPS becomes a reality. After $0.20 actual earnings per share reported by Pan American Silver Corp. for the previous quarter, Wall Street now forecasts -5.00% negative EPS growth.

Hilltop Holdings Inc increased Merck & Co Inc (NYSE:MRK) stake by 7,308 shares to 28,555 valued at $1.61 million in 2017Q4. It also upped Duke Energy Corp New (NYSE:DUK) stake by 5,160 shares and now owns 26,759 shares. Ishares Tr (TLT) was raised too.

Among 10 analysts covering Pan American Silver Corp. (NASDAQ:PAAS), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Pan American Silver Corp. had 48 analyst reports since August 13, 2015 according to SRatingsIntel. As per Sunday, December 3, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating by Raymond James given on Monday, June 27. Canaccord Genuity maintained the shares of PAAS in report on Tuesday, April 3 with “Buy” rating. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, August 23. FBR Capital downgraded the shares of PAAS in report on Thursday, January 28 to “Mkt Perform” rating. The rating was initiated by FBR Capital on Friday, September 18 with “Outperform”. The company was downgraded on Wednesday, March 23 by Deutsche Bank. The firm has “Hold” rating by BMO Capital Markets given on Sunday, October 1. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, October 17 report. RBC Capital Markets upgraded the stock to “Outperform” rating in Tuesday, March 21 report.

Analysts await City Holding Company (NASDAQ:CHCO) to report earnings on July, 23. They expect $1.13 EPS, up 20.21% or $0.19 from last year’s $0.94 per share. CHCO’s profit will be $17.45 million for 16.34 P/E if the $1.13 EPS becomes a reality. After $1.13 actual EPS reported by City Holding Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since January 16, 2018, it had 2 buys, and 9 sales for $2.04 million activity. 4,000 shares valued at $289,000 were sold by HAGEBOECK CHARLES R on Monday, May 7. Shares for $72 were sold by ROWE SHARON HORTON on Wednesday, April 18. The insider BUMGARNER DAVID L sold $137,808. Another trade for 1,196 shares valued at $89,030 was made by LEGGE JEFFREY DALE on Monday, April 23. $180,000 worth of stock was sold by DERITO JOHN A on Tuesday, May 1. STILWELL CRAIG G also sold $398,986 worth of City Holding Company (NASDAQ:CHCO) shares. FISHER ROBERT D bought 162 shares worth $11,406.

Investors sentiment decreased to 1 in 2017 Q4. 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. Comerica Comml Bank holds 16,022 shares or 0.01% of its portfolio. Geode Cap Mngmt Ltd Company invested in 0% or 144,948 shares. 2,310 are owned by Parallax Volatility Advisers L P. Pnc Fincl Svcs Group invested in 0% or 402 shares. Qs Investors Limited Liability Corp holds 3,061 shares or 0% of its portfolio. 36,943 are held by First Trust Advsr Ltd Partnership. 6,461 are held by Ubs Asset Americas. Moreover, Victory Cap Management Inc has 0% invested in City Holding Company (NASDAQ:CHCO). Teachers Retirement System Of The State Of Kentucky stated it has 0% in City Holding Company (NASDAQ:CHCO). Ls Ltd Llc invested 0% of its portfolio in City Holding Company (NASDAQ:CHCO). State Of Alaska Department Of Revenue accumulated 3,121 shares. State Board Of Administration Of Florida Retirement Systems holds 5,071 shares. Invesco invested in 180,997 shares or 0% of the stock. Teacher Retirement System Of Texas, a Texas-based fund reported 5,352 shares. Ameriprise has 83,261 shares.

City Holding Company (NASDAQ:CHCO) Institutional Positions Chart