Reasons for Julian Singer’s Share Buy of CCUR Holdings, Inc. (CCUR)’s Stock; City Holding Company (CHCO) Covered By 0 Bulls

May 18, 2018 - By reb123z

City Holding Company (NASDAQ:CHCO) Logo

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 had 14 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Sell” rating by Zacks on Wednesday, August 12. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, July 24. Keefe Bruyette & Woods maintained it with “Hold” rating and $72.0 target in Monday, February 26 report. The stock of City Holding Company (NASDAQ:CHCO) has “Hold” rating given on Thursday, January 4 by Sandler O’Neill. The firm has “Equalweight” rating by Stephens given on Friday, January 8. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, October 6. As per Friday, June 16, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, April 19 with “Hold”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, October 19 report. See City Holding Company (NASDAQ:CHCO) latest ratings:

19/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $74.0000 Maintain
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $72.0 Maintain
04/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $72.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $71.0 Maintain

Investors sentiment increased to 0.64 in Q4 2017. Its up 0.14, from 0.5 in 2017Q3. It increased, as 5 investors sold CCUR Holdings, Inc. shares while 6 reduced holdings. 5 funds opened positions while 2 raised stakes. 2.67 million shares or 11.00% less from 3.00 million shares in 2017Q3 were reported. Geode Capital Mgmt Lc holds 42,604 shares. The Minnesota-based Ameriprise has invested 0% in CCUR Holdings, Inc. (OTCMKTS:CCUR). Dimensional Fund Lp has 610,949 shares for 0% of their portfolio. Gru One Trading Limited Partnership invested in 27,576 shares. Vanguard Grp holds 0% or 399,874 shares in its portfolio. Northern Trust Corporation reported 0% of its portfolio in CCUR Holdings, Inc. (OTCMKTS:CCUR). Peak6 Invs Limited Partnership invested in 0% or 6,540 shares. Morgan Stanley reported 320 shares. Susquehanna Group Inc Llp has invested 0% in CCUR Holdings, Inc. (OTCMKTS:CCUR). Ontario – Canada-based Royal State Bank Of Canada has invested 0% in CCUR Holdings, Inc. (OTCMKTS:CCUR). Tower Cap Llc (Trc) has 0% invested in CCUR Holdings, Inc. (OTCMKTS:CCUR) for 4,477 shares. Renaissance Technology invested 0% in CCUR Holdings, Inc. (OTCMKTS:CCUR). Bard stated it has 200,719 shares or 0.56% of all its holdings. Perritt Capital Mngmt invested in 0.11% or 70,000 shares. California Pub Employees Retirement Sys reported 0% stake.

The stock increased 0.78% or $0.04 during the last trading session, reaching $5.15. About shares traded. CCUR Holdings, Inc. (OTCMKTS:CCUR) has declined 2.65% since May 18, 2017 and is downtrending. It has underperformed by 14.20% the S&P500.

Julian Singer, the major shareholder of Ccur Holdings Inc made a surprising insider trade for 16,595 shares with an average stock price per share of $5.1 in the corporation, that are amounting to $84,800 US Dollars . This is not his first insider trade, in the last month, he bought another 427,011 shares worth $2.19 million USD. A report documented published 17-05-2018 with the Security Exchange Commission, unveiled here, shows more info about the purchase. Right now, Julian Singer owns 3.19 million shares which are equivalent to about 34.54% of the Company’s total market capitalization.

Concurrent Computer Corporation, a software and solutions company, develops applications focused on storing, protecting, transforming, and delivering media assets in the United States, Canada, Japan, other Asia-Pacific, Europe, and South America. The company has market cap of $47.64 million. The Company’s content delivery solutions consist of software, hardware, and services for intelligently streaming video content to consumer devices; and storing and managing content in the network. It has a 0.96 P/E ratio. The firm offers streaming video and storage services and products that are deployed by service providers to support consumer-facing video applications, including live broadcast video and video-on-demand, as well as time-shifted video services, such as cloud digital video recording.

Since December 14, 2017, it had 41 insider purchases, and 0 insider sales for $6.14 million activity. The insider SINGER JULIAN D. bought 30,307 shares worth $145,950.

The stock increased 0.64% or $0.47 during the last trading session, reaching $74.31. About 41,318 shares traded. City Holding Company (NASDAQ:CHCO) has risen 10.11% since May 18, 2017 and is uptrending. It has underperformed by 1.44% the S&P500.

Another recent and important City Holding Company (NASDAQ:CHCO) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Perficient, LogMein, City Holding, Nelnet, US …” on May 02, 2018.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.31, from 1.31 in 2017Q3. It dropped, 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. Parallax Volatility Advisers Limited Partnership accumulated 2,310 shares. Davenport Company Lc owns 5,199 shares or 0% of their US portfolio. Prudential Fincl Incorporated reported 0% stake. The Louisiana-based Louisiana State Employees Retirement has invested 0.02% in City Holding Company (NASDAQ:CHCO). Pinebridge Invests Lp owns 0.01% invested in City Holding Company (NASDAQ:CHCO) for 4,773 shares. Hamel Associates Inc has invested 0.12% of its portfolio in City Holding Company (NASDAQ:CHCO). Tiaa Cref Investment holds 41,182 shares. Ameritas Inv has invested 0% of its portfolio in City Holding Company (NASDAQ:CHCO). Ntv Asset Mgmt Ltd Liability Corporation holds 15,583 shares. Morgan Stanley accumulated 68,670 shares or 0% of the stock. Citigroup reported 0% stake. Ny State Teachers Retirement Systems holds 49,250 shares or 0.01% of its portfolio. Chicago Equity Ltd Liability Corporation reported 11,225 shares. Moreover, Hotchkis & Wiley Capital Mngmt Limited Liability Company has 0% invested in City Holding Company (NASDAQ:CHCO) for 18,143 shares. Ubs Asset Mngmt Americas Inc reported 6,461 shares.

City Holding Company operates as a holding firm for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States. The company has market cap of $1.15 billion. The firm accepts various deposit products, such as checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. It has a 20.8 P/E ratio. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to clients for the purchase or refinance of a residence; home equity junior lien loans; consumer loans that are secured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts.

City Holding Company (NASDAQ:CHCO) Institutional Positions Chart

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