Chemical Financial Corporation (NASDAQ:CHFC) is expected to pay $0.27 on Dec 16, 2016. The indicated annual dividend is $1.08. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Chemical Financial Corporation’s current price of $51.32, the dividend is 0.53%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 10, 2016. The stock decreased 1.63% or $0.85 during the last trading session, hitting $51.32. Chemical Financial Corporation (NASDAQ:CHFC) has risen 32.92% since April 26, 2016 and is uptrending. It has outperformed by 27.66% the S&P500.
Chemical Financial Corporation is a financial holding company. The company has a market cap of $3.58 billion. The Firm operates in the commercial banking segment. It has a 26.46 P/E ratio. The Company, through its subsidiary bank, Chemical Bank, offers banking and fiduciary services and products.
Insitutional Activity: The institutional sentiment increased to 3.41 in Q2 2016. Its up 2.27, from 1.14 in 2016Q1. The ratio increased, as 13 funds sold all Chemical Financial Corporation shares owned while 51 reduced positions. 19 funds bought stakes while 54 increased positions. They now own 26.80 million shares or 1.63% more from 26.37 million shares in 2016Q1.
Susquehanna Ltd Liability Partnership reported 80,824 shares or 0% of all its holdings. Moreover, Sheets Smith Wealth Mgmt has 0.18% invested in Chemical Financial Corporation (NASDAQ:CHFC) for 16,909 shares. Bank Of Montreal Can has invested 0% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). Renaissance Technology Ltd last reported 0.02% of its portfolio in the stock. The Minnesota-based Walleye Trading Ltd has invested 0% in Chemical Financial Corporation (NASDAQ:CHFC). Capstone Investment Advsrs Llc has 0.01% invested in the company for 7,789 shares. Jefferies Gp Limited Company, a New York-based fund reported 10,213 shares. Avalon Advsr Llc last reported 0.07% of its portfolio in the stock. Deutsche Natl Bank Ag last reported 0.01% of its portfolio in the stock. Boston Limited Co holds 0.02% or 20,162 shares in its portfolio. Morgan Stanley accumulated 0% or 42,816 shares. Financial Management Professionals Inc has 0% invested in the company for 216 shares. Employees Retirement Association Of Colorado holds 0% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC) for 7,978 shares. Aperio Grp Inc Lc has 0% invested in the company for 5,634 shares. Tudor Inv Et Al accumulated 0.02% or 29,787 shares.
Insider Transactions: Since August 15, 2016, the stock had 0 insider buys, and 13 sales for $36.67 million net activity. WEISS ARTHUR A also sold $1.71 million worth of Chemical Financial Corporation (NASDAQ:CHFC) on Wednesday, August 31. GWIZDALA LORI A had sold 800 shares worth $35,640 on Wednesday, August 17. KLEIN RONALD A sold $758,192 worth of stock or 16,758 shares. TORGOW GARY also sold $2.36 million worth of Chemical Financial Corporation (NASDAQ:CHFC) shares. 279,101 shares with value of $12.63M were sold by Provost David T on Wednesday, August 31. The insider KLAESER DENNIS L sold 49,785 shares worth $2.25 million. $198,153 worth of shares were sold by Lievense Richard M. on Monday, August 15.
Chemical Financial Corporation (NASDAQ:CHFC) Ratings Coverage
Out of 4 analysts covering Chemical Financial (NASDAQ:CHFC), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Chemical Financial has been the topic of 4 analyst reports since January 27, 2016 according to StockzIntelligence Inc. The company was upgraded on Thursday, January 28 by Sandler O’Neill. As per Wednesday, March 2, the company rating was initiated by Raymond James. As per Wednesday, January 27, the company rating was upgraded by Keefe Bruyette & Woods. FIG Partners upgraded Chemical Financial Corporation (NASDAQ:CHFC) on Friday, January 29 to “Outperform” rating.
More news for Chemical Financial Corporation (NASDAQ:CHFC) were recently published by: Mlive.com, which released: “Chemical Financial Corp. announces Q1 2016 cash dividend” on January 20, 2016. Globenewswire.com‘s article titled: “Chemical Financial Corporation Announces Third Quarter 2016 Earnings …” and published on October 17, 2016 is yet another important article.
CHFC Company Profile
Chemical Financial Corporation (Corporation), incorporated on August 27, 1973, is a financial holding company. The Firm operates in the commercial banking segment. The Company, through its subsidiary bank, Chemical Bank, offers a range of banking and fiduciary services and products. The Company’s services and products include business and personal checking accounts, savings and individual retirement accounts, time deposit instruments, electronically accessed banking products, residential and commercial real estate financing, commercial lending, consumer financing, debit cards, access to insurance and investment products, corporate and personal wealth management services, and other banking services. It operates through an internal organizational structure of over four regional banking units. The Chemical Bank serves the markets through approximately 185 banking offices located in approximately 50 counties across Michigan’s Lower Peninsula. In addition to its banking offices, Chemical Bank operates over three loan production offices and approximately 200 automated teller machines, both on- and off-bank premises.
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.