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City Holding Company $CHCO Position Increased by JPMorgan Chase & Co.
JPMorgan Chase & Co. has increased its stake in City Holding Company (NASDAQ:CHCO) by 11.9%, now owning 212,093 shares valued at approximately $26.27 million. This move comes despite City Holding missing its latest quarterly earnings and revenue estimates, and while analyst ratings are mixed with a consensus “Hold.” The company’s CEO also recently sold a portion of his shares.