Numeric Investors LLC boosted its position in shares of Chemed Corp. (NYSE:CHE) by 40.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,000 shares of the company’s stock after acquiring an additional 4,300 shares during the period. Numeric Investors LLC owned 0.09% of Chemed Corp. worth $3,068,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of CHE. Strs Ohio lifted its position in Chemed Corp. by 38.5% during the first quarter. Strs Ohio now owns 1,800 shares of the company’s stock valued at $328,000 after acquiring an additional 500 shares during the last quarter. Sei Investments Co. lifted its position in Chemed Corp. by 49.6% during the first quarter. Sei Investments Co. now owns 12,410 shares of the company’s stock valued at $2,268,000 after acquiring an additional 4,113 shares during the last quarter. Mason Street Advisors LLC lifted its position in Chemed Corp. by 7.6% during the first quarter. Mason Street Advisors LLC now owns 3,815 shares of the company’s stock valued at $697,000 after acquiring an additional 270 shares during the last quarter. M&T Bank Corp lifted its position in Chemed Corp. by 5.1% during the first quarter. M&T Bank Corp now owns 2,675 shares of the company’s stock valued at $489,000 after acquiring an additional 131 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in Chemed Corp. by 14.0% during the first quarter. Prudential Financial Inc. now owns 54,908 shares of the company’s stock valued at $10,031,000 after acquiring an additional 6,750 shares during the last quarter. 96.96% of the stock is owned by institutional investors.

Shares of Chemed Corp. (NYSE:CHE) opened at 204.41 on Friday. The stock has a market cap of $3.27 billion, a PE ratio of 50.71 and a beta of 1.13. The company’s 50-day moving average is $194.35 and its 200-day moving average is $197.16. Chemed Corp. has a 52-week low of $132.92 and a 52-week high of $216.01.

Chemed Corp. (NYSE:CHE) last issued its earnings results on Tuesday, July 25th. The company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.26. Chemed Corp. had a net margin of 4.16% and a return on equity of 26.18%. The business had revenue of $415.06 million during the quarter, compared to analysts’ expectations of $407.56 million. During the same quarter in the prior year, the business posted $1.80 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. Equities analysts anticipate that Chemed Corp. will post $8.21 EPS for the current year.

A number of equities research analysts recently commented on the stock. Zacks Investment Research cut shares of Chemed Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Royal Bank Of Canada reissued a “hold” rating and set a $208.00 target price on shares of Chemed Corp. in a research report on Wednesday, July 5th. BidaskClub cut shares of Chemed Corp. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. Finally, Oppenheimer Holdings, Inc. increased their target price on shares of Chemed Corp. from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $215.00.

In other news, insider Spencer S. Lee sold 1,000 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $197.46, for a total value of $197,460.00. Following the completion of the transaction, the insider now owns 37,809 shares in the company, valued at approximately $7,465,765.14. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Kevin J. Mcnamara sold 15,000 shares of the company’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $201.16, for a total transaction of $3,017,400.00. Following the completion of the transaction, the insider now owns 173,801 shares of the company’s stock, valued at approximately $34,961,809.16. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,500 shares of company stock valued at $3,315,600. Company insiders own 5.32% of the company’s stock.

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Chemed Corp. Company Profile

Chemed Corporation purchases, operates and divests subsidiaries engaged in various business activities. The Company operates through two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers.

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Institutional Ownership by Quarter for Chemed Corp. (NYSE:CHE)

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