Twin Capital Management Boosted Its V F (VFC) Position; Chemical Financial (CHFC) Sentiment Is 1.06

June 22, 2018 - By Linda Rogers

V.F. Corporation (NYSE:VFC) Logo

Chemical Financial Corp (CHFC) investors sentiment decreased to 1.06 in 2018 Q1. It’s down -0.13, from 1.19 in 2017Q4. The ratio turned negative, as 90 investment managers opened new or increased positions, while 85 cut down and sold their positions in Chemical Financial Corp. The investment managers in our database reported: 58.23 million shares, up from 55.76 million shares in 2017Q4. Also, the number of investment managers holding Chemical Financial Corp in top ten positions was flat from 3 to 3 for the same number . Sold All: 19 Reduced: 66 Increased: 73 New Position: 17.

Twin Capital Management Inc increased V F Corp (VFC) stake by 21.75% reported in 2018Q1 SEC filing. Twin Capital Management Inc acquired 19,160 shares as V F Corp (VFC)’s stock rose 7.46%. The Twin Capital Management Inc holds 107,260 shares with $7.95M value, up from 88,100 last quarter. V F Corp now has $32.50B valuation. The stock decreased 0.65% or $0.54 during the last trading session, reaching $82.4. About 340,037 shares traded. V.F. Corporation (NYSE:VFC) has risen 53.64% since June 22, 2017 and is uptrending. It has outperformed by 41.07% the S&P500. Some Historical VFC News: 04/05/2018 – VF CORP QTRLY REVENUE FROM CONTINUING OPERATIONS INCREASED 22 PERCENT (UP 17 PERCENT CURRENCY NEUTRAL) TO $3.0 BLN; 06/03/2018 VF Corporation Appoints Velia Carboni as Chief Digital Officer; 19/03/2018 – VF Corporation Enters into Definitive Agreement to Sell the Nautica® Brand Business to Authentic Brands Group, LLC; 20/03/2018 – U.S. apparel, footwear industry opposes likely Trump tariffs on China; 03/04/2018 – VF Corporation Completes Acquisition of lcebreaker®; 05/04/2018 – Nine West nears bankruptcy with plan to sell footwear brand; 23/03/2018 – VF Corporation Receives National Award from the U.S. Association of Former Members of Congress; 30/04/2018 – VF Corp Completes the Sale of Its Nautica Brand Business to Authentic Brands Group, LLC; 19/03/2018 – VF CORP – ENTERED INTO DEAL TO SELL NAUTICA BRAND BUSINESS TO AUTHENTIC BRANDS GROUP LLC; 28/03/2018 – VF NAMES STEVE MURRAY AS VP, STRATEGIC PROJECTS

Since January 1, 0001, it had 1 buy, and 6 insider sales for $4.13 million activity.

Another recent and important Chemical Financial Corporation (NASDAQ:CHFC) news was published by Nasdaq.com which published an article titled: “Recent Analysis Shows Supernus Pharmaceuticals, R1 RCM, Golar LNG, Chemical Financial, Chipmos Technologies …” on June 05, 2018.

Analysts await Chemical Financial Corporation (NASDAQ:CHFC) to report earnings on July, 24. They expect $0.95 EPS, up 26.67% or $0.20 from last year’s $0.75 per share. CHFC’s profit will be $67.78M for 15.48 P/E if the $0.95 EPS becomes a reality. After $0.97 actual EPS reported by Chemical Financial Corporation for the previous quarter, Wall Street now forecasts -2.06% negative EPS growth.

The stock decreased 0.08% or $0.05 during the last trading session, reaching $58.81. About 42,546 shares traded. Chemical Financial Corporation (CHFC) has risen 22.39% since June 22, 2017 and is uptrending. It has outperformed by 9.82% the S&P500. Some Historical CHFC News: 24/04/2018 – Chemical Financial 1Q EPS 97c; 24/04/2018 – CHEMICAL FINANCIAL 1Q ADJ EPS 97C, EST. 92C; 24/04/2018 – Chemical Financial 1Q Net $70.2M; 26/04/2018 – Chemical Financial Closes Below 50-Day Average: Technicals; 23/04/2018 DJ Chemical Financial Corporation, Inst Holders, 1Q 2018 (CHFC); 10/05/2018 – Tax cut helping turn U.S. small caps into unlikely source of safety

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 $4.20 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 24.69 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 Bank holds 7.9% of its portfolio in Chemical Financial Corporation for 1.32 million shares. Castine Capital Management Llc owns 158,545 shares or 2.82% of their US portfolio. Moreover, Broadview Advisors Llc has 1.85% invested in the company for 206,537 shares. The Alabama-based Mesirow Financial Investment Management has invested 1.58% in the stock. Snyder Capital Management L P, a California-based fund reported 567,173 shares.

Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.16, from 1.01 in 2017Q4. It worsened, as 53 investors sold VFC shares while 283 reduced holdings. 89 funds opened positions while 198 raised stakes. 383.50 million shares or 2.22% less from 392.21 million shares in 2017Q4 were reported. Argent Mngmt Limited accumulated 1.39% or 512,360 shares. 13,020 are owned by Gam Ag. Whittier holds 0.13% or 50,489 shares. Lodestar Invest Counsel Ltd Limited Liability Company Il holds 0.07% of its portfolio in V.F. Corporation (NYSE:VFC) for 8,295 shares. The Japan-based Legg Mason Asset (Japan) Limited has invested 0.96% in V.F. Corporation (NYSE:VFC). Rampart Inv Mngmt Lc has 0.07% invested in V.F. Corporation (NYSE:VFC) for 9,620 shares. Cadence Cap Lc owns 57,254 shares or 0.28% of their US portfolio. Alecta Pensionsforsakring Omsesidigt stated it has 4.37M shares or 2.79% of all its holdings. Caisse De Depot Et Placement Du Quebec reported 0% of its portfolio in V.F. Corporation (NYSE:VFC). Citadel Advsrs Llc holds 0.03% or 693,234 shares in its portfolio. Salem Counselors owns 13,935 shares or 0.12% of their US portfolio. Sentinel Tru Co Lba accumulated 2,835 shares or 0.04% of the stock. Amica Pension Fund Board Of Trustees accumulated 0.15% or 14,778 shares. Grimes & Communications has 0.03% invested in V.F. Corporation (NYSE:VFC) for 3,631 shares. Moreover, Smithfield Tru Communications has 0.01% invested in V.F. Corporation (NYSE:VFC).

Among 31 analysts covering V.F. Corp (NYSE:VFC), 14 have Buy rating, 1 Sell and 16 Hold. Therefore 45% are positive. V.F. Corp had 112 analyst reports since July 24, 2015 according to SRatingsIntel. JP Morgan maintained the shares of VFC in report on Tuesday, February 20 with “Neutral” rating. The firm has “Buy” rating given on Friday, July 15 by Brean Capital. The stock has “Buy” rating by Goldman Sachs on Monday, July 27. The company was reinitiated on Monday, July 17 by Buckingham Research. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, August 14. The firm has “Overweight” rating by Piper Jaffray given on Monday, October 26. The stock has “Hold” rating by Piper Jaffray on Monday, August 14. BB&T Capital downgraded the stock to “Hold” rating in Monday, April 25 report. Piper Jaffray maintained the shares of VFC in report on Friday, February 16 with “Buy” rating. The company was maintained on Monday, August 14 by Cowen & Co.

More news for V.F. Corporation (NYSE:VFC) were recently published by: Finance.Yahoo.com, which released: “Should You Buy VF. Corporation (NYSE:VFC) At $82.96?” on June 06, 2018. Seekingalpha.com‘s article titled: “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)” and published on June 22, 2018 is yet another important article.

Since May 14, 2018, it had 0 insider purchases, and 6 insider sales for $17.95 million activity. Another trade for 74,180 shares valued at $5.94M was sold by Rendle Steven E. The insider BAILEY KEVIN sold 15,000 shares worth $1.16M. The insider Roe Scott A. sold 20,096 shares worth $1.60 million. $2.02M worth of V.F. Corporation (NYSE:VFC) shares were sold by CHUGG JULIANA L. Scabbia Guerrini Martino sold $1.69 million worth of stock or 20,096 shares. On Thursday, June 14 the insider Baxter Scott H sold $5.53M.

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