Chemed (CHE) Reaches $304.32 52-Week High; Balyasny Asset Management Has Lowered Its People’s United Financial (Call) (PBCT) Holding

April 20, 2018 - By Linda Rogers

People's United Financial, Inc. (NASDAQ:PBCT) Logo

Balyasny Asset Management Llc decreased People’s United Financial Inc (Call) (PBCT) stake by 27.37% reported in 2017Q4 SEC filing. Balyasny Asset Management Llc sold 156,754 shares as People’s United Financial Inc (Call) (PBCT)’s stock declined 3.30%. The Balyasny Asset Management Llc holds 416,000 shares with $7.78M value, down from 572,754 last quarter. People’s United Financial Inc (Call) now has $6.21B valuation. The stock increased 0.97% or $0.175 during the last trading session, reaching $18.245. About 579,960 shares traded. People's United Financial, Inc. (NASDAQ:PBCT) has risen 2.46% since April 20, 2017 and is uptrending. It has underperformed by 9.09% the S&P500.

The stock of Chemed Corporation (NYSE:CHE) hit a new 52-week high and has $325.62 target or 7.00% above today’s $304.32 share price. The 8 months bullish chart indicates low risk for the $4.85 billion company. The 1-year high was reported on Apr, 20 by Barchart.com. If the $325.62 price target is reached, the company will be worth $339.64 million more. The stock increased 4.19% or $12.23 during the last trading session, reaching $304.32. About 28,316 shares traded. Chemed Corporation (NYSE:CHE) has risen 48.33% since April 20, 2017 and is uptrending. It has outperformed by 36.78% the S&P500.

Among 3 analysts covering Chemed (NYSE:CHE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Chemed has $258.0 highest and $129 lowest target. $241.50’s average target is -20.64% below currents $304.32 stock price. Chemed had 17 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Chemed Corporation (NYSE:CHE) has “Buy” rating given on Tuesday, July 25 by Oppenheimer. The stock of Chemed Corporation (NYSE:CHE) earned “Outperform” rating by Oppenheimer on Tuesday, September 22. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, October 26. RBC Capital Markets maintained Chemed Corporation (NYSE:CHE) on Sunday, July 30 with “Hold” rating. The firm has “Hold” rating given on Friday, September 1 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, July 5. The stock of Chemed Corporation (NYSE:CHE) has “Hold” rating given on Friday, February 16 by RBC Capital Markets. The rating was maintained by Oppenheimer with “Outperform” on Friday, October 27. The firm has “Hold” rating by KeyBanc Capital Markets given on Thursday, October 26. RBC Capital Markets maintained Chemed Corporation (NYSE:CHE) on Monday, October 2 with “Hold” rating.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.08, from 1.04 in 2017Q3. It fall, as 18 investors sold Chemed Corporation shares while 94 reduced holdings. 49 funds opened positions while 58 raised stakes. 14.86 million shares or 3.45% less from 15.40 million shares in 2017Q3 were reported. Dekabank Deutsche Girozentrale stated it has 4,600 shares or 0.01% of all its holdings. Moreover, Royal Bancorp Of Canada has 0% invested in Chemed Corporation (NYSE:CHE) for 4,472 shares. Fny Managed Accounts Lc holds 0% of its portfolio in Chemed Corporation (NYSE:CHE) for 14 shares. M&T Bank has 2,398 shares for 0% of their portfolio. Boston Advsrs Limited Liability, a Massachusetts-based fund reported 21,989 shares. Moreover, Comerica Commercial Bank has 0.03% invested in Chemed Corporation (NYSE:CHE). Boston Prtn owns 162,930 shares. Texas Yale reported 9,500 shares stake. Goldman Sachs Group owns 72,500 shares. Riverbridge Prns Limited Com holds 2.53% or 538,873 shares. Cap Fund Mgmt has invested 0.01% in Chemed Corporation (NYSE:CHE). The Minnesota-based Ameriprise Financial has invested 0.01% in Chemed Corporation (NYSE:CHE). Parametric Port Assocs Ltd Com invested in 82,274 shares. Stephens Inc Ar invested in 1,179 shares or 0.01% of the stock. The New York-based Tiaa Cref Mgmt Ltd Liability Company has invested 0.01% in Chemed Corporation (NYSE:CHE).

Since October 30, 2017, it had 0 insider buys, and 5 insider sales for $4.34 million activity. 6,000 Chemed Corporation (NYSE:CHE) shares with value of $1.55M were sold by MCNAMARA KEVIN J. On Wednesday, February 21 the insider Dallob Naomi C sold $269,850. 450 shares valued at $117,485 were sold by SAUNDERS DONALD E on Friday, January 12.

Chemed Corporation provides hospice and palliative care services in the United States. The company has market cap of $4.85 billion. It operates through two divisions, VITAS and Roto-Rooter. It has a 51.93 P/E ratio. The firm offers its services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers.

Among 12 analysts covering People’s United Financial Inc (NASDAQ:PBCT), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. People’s United Financial Inc had 28 analyst reports since July 20, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of PBCT in report on Monday, July 10 with “Hold” rating. The stock has “Underweight” rating by Piper Jaffray on Wednesday, November 16. The stock has “Sell” rating by Piper Jaffray on Wednesday, August 16. The stock of People's United Financial, Inc. (NASDAQ:PBCT) earned “Neutral” rating by Piper Jaffray on Monday, January 25. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Monday, June 5. The company was upgraded on Wednesday, June 29 by Piper Jaffray. The firm has “Hold” rating by Jefferies given on Friday, September 22. The company was upgraded on Tuesday, December 20 by FBR Capital. The firm has “Neutral” rating by JP Morgan given on Thursday, January 5. The firm has “Sell” rating by Sandler O’Neill given on Friday, December 2.

Balyasny Asset Management Llc increased Mack (NYSE:CLI) stake by 223,747 shares to 462,174 valued at $9.96 million in 2017Q4. It also upped Snap (NYSE:SNA) stake by 4,246 shares and now owns 18,747 shares. Rh was raised too.

Chemed Corporation (NYSE:CHE) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>