Chemical Financial Corporation (CHFC) Analysts See $0.92 EPS

April 23, 2018 - By Stephen Andrade

Chemical Financial Corporation (NASDAQ:CHFC) LogoInvestors sentiment decreased to 1.19 in 2017 Q4. Its down 0.32, from 1.51 in 2017Q3. It dropped, as 17 investors sold Chemical Financial Corporation shares while 71 reduced holdings. 33 funds opened positions while 72 raised stakes. 55.76 million shares or 0.84% more from 55.30 million shares in 2017Q3 were reported.
Moreover, Employees Retirement Association Of Colorado has 0% invested in Chemical Financial Corporation (NASDAQ:CHFC) for 7,978 shares. Moreover, Bahl Gaynor Incorporated has 0.02% invested in Chemical Financial Corporation (NASDAQ:CHFC). Brandywine Invest Mngmt Ltd Liability Corp accumulated 181,298 shares. Schwab Charles accumulated 391,107 shares. Federated Invsts Pa holds 454,002 shares. 4,648 were reported by Ls Inv Advsrs Ltd Llc. Vanguard Gru accumulated 6.27 million shares. Louisiana State Employees Retirement Systems owns 18,000 shares. Pitcairn has 0.03% invested in Chemical Financial Corporation (NASDAQ:CHFC) for 5,227 shares. Northpointe Cap Llc has invested 0.9% in Chemical Financial Corporation (NASDAQ:CHFC). Quantitative Systematic Strategies Ltd Liability Corp accumulated 4,568 shares or 0.06% of the stock. Avalon Advisors Limited Liability Corp holds 45,412 shares. Greenleaf Tru stated it has 0.22% in Chemical Financial Corporation (NASDAQ:CHFC). Cambiar Limited Liability holds 0.15% or 184,248 shares. State Board Of Administration Of Florida Retirement Systems owns 31,966 shares.

Since October 27, 2017, it had 1 insider buy, and 6 selling transactions for $3.99 million activity. GWIZDALA LORI A also sold $106,641 worth of Chemical Financial Corporation (NASDAQ:CHFC) on Friday, January 26. Stauffer Larry D also sold $101,067 worth of Chemical Financial Corporation (NASDAQ:CHFC) shares. $364,780 worth of Chemical Financial Corporation (NASDAQ:CHFC) was sold by Lievense Richard M. on Thursday, January 25. Provost David T also bought $196,319 worth of Chemical Financial Corporation (NASDAQ:CHFC) on Friday, January 26.

Analysts expect Chemical Financial Corporation (NASDAQ:CHFC) to report $0.92 EPS on April, 24 after the close.They anticipate $0.21 EPS change or 29.58 % from last quarter’s $0.71 EPS. CHFC’s profit would be $65.59M giving it 15.24 P/E if the $0.92 EPS is correct. After having $0.87 EPS previously, Chemical Financial Corporation’s analysts see 5.75 % EPS growth. The stock increased 0.70% or $0.39 during the last trading session, reaching $56.09. About 250,667 shares traded. Chemical Financial Corporation (NASDAQ:CHFC) has risen 8.11% since April 23, 2017 and is uptrending. It has underperformed by 3.44% the S&P500.

Chemical Financial Corporation (NASDAQ:CHFC) Ratings Coverage

Among 6 analysts covering Chemical Financial (NASDAQ:CHFC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Chemical Financial had 8 analyst reports since October 26, 2017 according to SRatingsIntel. Hilliard Lyons upgraded it to “Buy” rating and $65.0 target in Friday, January 26 report. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Sandler O’Neill with “Buy” on Wednesday, January 24. The firm has “Hold” rating given on Thursday, October 26 by Keefe Bruyette & Woods. Stephens maintained it with “Buy” rating and $64.0 target in Wednesday, January 24 report. On Monday, February 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Wood downgraded the shares of CHFC in report on Thursday, October 26 to “Market Perform” rating. On Wednesday, January 24 the stock rating was maintained by Piper Jaffray with “Buy”.

Chemical Financial Corporation operates as a financial holding firm of Chemical Bank that offers banking and fiduciary services and products to residents and business clients in Michigan. The company has market cap of $4.00 billion. 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, safe deposit box services, money transfer services, automated teller machines, access to insurance and investment products, corporate and personal wealth management services, and mortgage banking and other banking services. It has a 26.97 P/E ratio. The firm also offers mutual funds, annuity products, and market securities; trust, investment management, and custodial services; financial and estate planning; and retirement and employee benefit programs.

Chemical Financial Corporation (NASDAQ:CHFC) Institutional Positions Chart

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