Chemed Corp. (NYSE:CHE) VP Michael D. Witzeman sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $250.00, for a total value of $250,000.00. Following the completion of the sale, the vice president now directly owns 3,334 shares of the company’s stock, valued at approximately $833,500. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Chemed Corp. (CHE) traded up $1.59 during mid-day trading on Monday, hitting $247.53. The stock had a trading volume of 135,100 shares, compared to its average volume of 94,472. Chemed Corp. has a one year low of $148.84 and a one year high of $248.31. The firm has a market capitalization of $3,952.06, a price-to-earnings ratio of 30.48, a PEG ratio of 5.23 and a beta of 1.16. The company has a current ratio of 0.50, a quick ratio of 0.48 and a debt-to-equity ratio of 0.15.

Chemed (NYSE:CHE) last issued its quarterly earnings results on Thursday, October 26th. The company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.15. Chemed had a return on equity of 27.69% and a net margin of 4.62%. The company had revenue of $417.40 million during the quarter, compared to analyst estimates of $414.34 million. During the same period in the previous year, the company earned $1.73 earnings per share. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. equities analysts expect that Chemed Corp. will post 4.73 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Investors of record on Monday, November 13th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.45%. Chemed’s payout ratio is 24.89%.

Several equities research analysts recently commented on the company. ValuEngine cut Chemed from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research raised Chemed from a “hold” rating to a “buy” rating and set a $251.00 target price for the company in a research report on Thursday, November 2nd. TheStreet raised Chemed from a “c+” rating to an “a-” rating in a research report on Friday, October 27th. Royal Bank Of Canada upped their price target on Chemed to $232.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 31st. Finally, Oppenheimer upped their price target on Chemed from $220.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Chemed has a consensus rating of “Hold” and a consensus price target of $236.00.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Acrospire Investment Management LLC acquired a new position in shares of Chemed in the second quarter valued at $120,000. Pacad Investment Ltd. raised its stake in shares of Chemed by 250.0% in the second quarter. Pacad Investment Ltd. now owns 700 shares of the company’s stock valued at $143,000 after purchasing an additional 500 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Chemed by 1,504.5% in the third quarter. IFP Advisors Inc now owns 706 shares of the company’s stock valued at $143,000 after purchasing an additional 662 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Chemed by 12.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 731 shares of the company’s stock valued at $150,000 after purchasing an additional 83 shares in the last quarter. Finally, MCF Advisors LLC acquired a new position in shares of Chemed in the third quarter valued at $152,000. Institutional investors and hedge funds own 97.75% of the company’s stock.

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Chemed 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.

Insider Buying and Selling by Quarter for Chemed (NYSE:CHE)

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