Chemed Corp. (NYSE:CHE) is expected to pay $0.26 on Dec 5, 2016. The indicated annual dividend is $1.04. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on Chemed Corp.’s current price of $137.69, the dividend is 0.19%. This dividend’s record date is Nov 14, 2016 and the announcement date is Nov 4, 2016. The stock increased 3.42% or $4.55 during the last trading session, hitting $137.69. Chemed Corporation (NYSE:CHE) has declined 1.45% since April 5, 2016 and is downtrending. It has underperformed by 3.41% the S&P500.
Chemed Corporation operates and divests subsidiaries engaged in diverse business activities. The company has a market cap of $2.17 billion. The Firm operates its business in two divisions: the VITAS segment and the Roto-Rooter segment (Roto-Rooter). It has a 21.98 P/E ratio. The Company’s VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers.
Insitutional Activity: The institutional sentiment decreased to 0.83 in Q2 2016. Its down 0.25, from 1.08 in 2016Q1. The ratio turned negative, as 20 funds sold all Chemed Corporation shares owned while 85 reduced positions. 23 funds bought stakes while 64 increased positions. They now own 15.59 million shares or 21.49% less from 19.86 million shares in 2016Q1.
Stifel Financial Corporation has 7,439 shares for 0% of their US portfolio. The Pennsylvania-based Ajo L P has invested 0.01% in Chemed Corporation (NYSE:CHE). Parkside Finance Retail Bank & has 0.06% invested in the company for 945 shares. Manufacturers Life Ins Com The last reported 10,718 shares in the company. Springbok Cap Limited Liability Company, a New York-based fund reported 229 shares. Bnp Paribas Arbitrage Sa holds 6,060 shares or 0% of its portfolio. Ladenburg Thalmann Fin Svcs has 0% invested in the company for 37 shares. Nordea Investment Management has 0% invested in the company for 4,810 shares. Walleye Trading Limited Liability has 472 shares for 0% of their US portfolio. Palo Cap owns 16,880 shares or 0.79% of their US portfolio. American Intll Gru Inc last reported 0% of its portfolio in the stock. Comerica Comml Bank holds 0.02% or 16,575 shares in its portfolio. Ridgeworth Mgmt Ltd Liability accumulated 2,786 shares or 0% of the stock. Parametrica Mgmt Ltd accumulated 0.55% or 2,709 shares. Mufg Americas Holdings Corporation accumulated 71 shares or 0% of the stock.
Insider Transactions: Since May 16, 2016, the stock had 1 buy, and 6 insider sales for $5.43 million net activity. Another trade for 10,000 shares valued at $1.38M was sold by MCNAMARA KEVIN J. On Thursday, September 22 the insider LEE SPENCER S sold $283,340. Another trade for 77 shares valued at $9,743 was bought by SAUNDERS DONALD E. TUCKER ARTHUR V JR also sold $444,445 worth of Chemed Corporation (NYSE:CHE) on Thursday, August 4.
Chemed Corporation (NYSE:CHE) Ratings Coverage
Out of 2 analysts covering Chemed (NYSE:CHE), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $154 is the highest target while $129 is the lowest. The $146.50 average target is 6.40% above today’s ($137.69) stock price. Chemed has been the topic of 7 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm earned “Sector Perform” rating on Monday, May 2 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, July 27. The company was maintained on Monday, October 26 by RBC Capital Markets. The rating was maintained by Oppenheimer on Monday, October 26 with “Outperform”. The stock has “Sector Perform” rating given by RBC Capital Markets on Tuesday, November 1. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, September 22.
More notable recent Chemed Corporation (NYSE:CHE) news were published by: Marketwatch.com which released: “Chemed Corp.” on December 21, 2009, also Businesswire.com with their article: “Chemed Corporation Declares Quarterly Dividend of 26 Cents” published on November 04, 2016, Quotes.Wsj.com published: “News Chemed Corp.CHE” on February 11, 2011. More interesting news about Chemed Corporation (NYSE:CHE) were released by: Streetinsider.com and their article: “Chemed Corporation (CHE) Misses Q3 EPS by 9c” published on October 26, 2016 as well as Streetinsider.com‘s news article titled: “Chemed Corporation (CHE) Raises Quarterly Dividend 8.3% to $0.26; 0.7% Yield” with publication date: May 05, 2016.
CHE Company Profile
Chemed Corporation, incorporated on April 2, 1970, purchases, operates and divests subsidiaries engaged in diverse business activities. The Firm operates its business in two divisions: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.