Chemical Financial (CHFC) Is At $57.40 Formed Wedge; Hound Partners Has Cut Its Century Alum Co (CENX) Stake

March 21, 2018 - By Martha Paddon

Hound Partners Llc decreased Century Alum Co (CENX) stake by 72.2% reported in 2017Q3 SEC filing. Hound Partners Llc sold 329,204 shares as Century Alum Co (CENX)’s stock declined 8.98%. The Hound Partners Llc holds 126,730 shares with $2.10 million value, down from 455,934 last quarter. Century Alum Co now has $1.74B valuation. The stock decreased 0.70% or $0.14 during the last trading session, reaching $19.81. About 1.57M shares traded. Century Aluminum Company (NASDAQ:CENX) has risen 116.20% since March 21, 2017 and is uptrending. It has outperformed by 99.50% the S&P500.

Chemical Financial Corporation (CHFC) formed wedge up with $60.84 target or 6.00% above today’s $57.40 share price. Chemical Financial Corporation (CHFC) has $4.09 billion valuation. The stock decreased 0.38% or $0.22 during the last trading session, reaching $57.4. About 195,338 shares traded. Chemical Financial Corporation (NASDAQ:CHFC) has risen 21.76% since March 21, 2017 and is uptrending. It has outperformed by 5.06% the S&P500.

Analysts await Chemical Financial Corporation (NASDAQ:CHFC) to report earnings on April, 24. They expect $0.92 earnings per share, up 29.58% or $0.21 from last year’s $0.71 per share. CHFC’s profit will be $65.60 million for 15.60 P/E if the $0.92 EPS becomes a reality. After $0.87 actual earnings per share reported by Chemical Financial Corporation for the previous quarter, Wall Street now forecasts 5.75% EPS growth.

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.32, from 1.51 in 2017Q2. It dived, as 14 investors sold Chemical Financial Corporation shares while 59 reduced holdings. 31 funds opened positions while 79 raised stakes. 55.30 million shares or 1.85% more from 54.29 million shares in 2017Q2 were reported. Victory Cap Mgmt Inc has 396,380 shares. Financial Bank Of New York Mellon reported 872,041 shares or 0.01% of all its holdings. Colorado-based Elk Creek Ptnrs Ltd Liability has invested 0.63% in Chemical Financial Corporation (NASDAQ:CHFC). Vanguard Grp Inc reported 6.20 million shares. Fifth Third Bank & Trust invested in 3,524 shares or 0% of the stock. Aperio reported 0.01% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). Susquehanna International Grp Incorporated Limited Liability Partnership accumulated 0% or 16,660 shares. Huntington Bank reported 3,142 shares. California State Teachers Retirement Sys reported 113,537 shares. Lodestar Counsel Ltd Company Il, a Illinois-based fund reported 5,580 shares. Pitcairn has invested 0.03% in Chemical Financial Corporation (NASDAQ:CHFC). State Street Corporation reported 0.01% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). Macquarie Group Inc Ltd invested 0.01% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). 107,018 were reported by Alliancebernstein Limited Partnership. Norris Perne French Limited Liability Partnership Mi holds 0.06% in Chemical Financial Corporation (NASDAQ:CHFC) or 7,319 shares.

Since October 27, 2017, it had 1 insider buy, and 6 sales for $3.99 million activity. 3,356 shares were bought by Provost David T, worth $196,319 on Friday, January 26. 2,800 shares valued at $152,600 were sold by GWIZDALA LORI A on Friday, October 27. On Monday, October 30 the insider Stauffer Larry D sold $101,067. KLAESER DENNIS L had sold 53,536 shares worth $3.13 million. On Thursday, January 25 the insider Lievense Richard M. sold $364,780.

Among 11 analysts covering Chemical Financial (NASDAQ:CHFC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Chemical Financial has $66.0 highest and $39 lowest target. $59.88’s average target is 4.32% above currents $57.4 stock price. Chemical Financial had 21 analyst reports since January 27, 2016 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 26 by Keefe Bruyette & Woods. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, January 24 report. The firm has “Outperform” rating given on Friday, January 29 by FIG Partners. The rating was initiated by Raymond James with “Strong Buy” on Wednesday, March 2. The firm has “Buy” rating given on Tuesday, August 8 by Keefe Bruyette & Woods. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Wednesday, January 27. Keefe Bruyette & Woods maintained it with “Buy” rating and $54.0 target in Tuesday, September 12 report. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, October 3. The stock has “Buy” rating by Sandler O’Neill on Thursday, January 28. As per Friday, January 26, the company rating was upgraded by Hilliard Lyons.

Hound Partners Llc increased Alphabet Inc stake by 48,376 shares to 148,719 valued at $142.64M in 2017Q3. It also upped Cimpress N V stake by 152,881 shares and now owns 1.78M shares. Expedia Inc Del (NASDAQ:EXPE) was raised too.

Investors sentiment decreased to 0.6 in Q3 2017. Its down 0.39, from 0.99 in 2017Q2. It dived, as 20 investors sold CENX shares while 50 reduced holdings. 30 funds opened positions while 39 raised stakes. 57.86 million shares or 0.59% less from 58.21 million shares in 2017Q2 were reported. Horseman Capital stated it has 793,989 shares. State Of Alaska Department Of Revenue has 0.01% invested in Century Aluminum Company (NASDAQ:CENX) for 9,856 shares. Alpha Windward Limited Liability Co accumulated 0.32% or 30,840 shares. The Louisiana-based Louisiana State Employees Retirement System has invested 0.02% in Century Aluminum Company (NASDAQ:CENX). 39,828 are held by Nationwide Fund Advisors. Bancorp Of America Corporation De reported 0% of its portfolio in Century Aluminum Company (NASDAQ:CENX). Hbk Invs Ltd Partnership has 182,000 shares. Goldman Sachs Gru invested in 1.13M shares. Voya Mgmt Ltd Liability, a Georgia-based fund reported 22,963 shares. Moreover, Commercial Bank Of Ny Mellon Corporation has 0% invested in Century Aluminum Company (NASDAQ:CENX) for 566,111 shares. Morgan Stanley holds 1.58M shares. Cim Invest Mangement, Pennsylvania-based fund reported 16,670 shares. Canada Pension Plan Investment Board has invested 0.12% in Century Aluminum Company (NASDAQ:CENX). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 710 shares or 0% of the stock. Qs Invsts Ltd, a New York-based fund reported 41 shares.

Since March 14, 2018, it had 0 insider purchases, and 1 insider sale for $169,607 activity. Hoerner John E. sold $169,607 worth of stock.