Krasney Financial Lowers stake in Chemical Financial Corporation (CHFC)

Chemical Financial Corporation (CHFC) : Krasney Financial reduced its stake in Chemical Financial Corporation by 5.34% during the most recent quarter end. The investment management company now holds a total of 139,973 shares of Chemical Financial Corporation which is valued at $7,037,842 after selling 7,901 shares in Chemical Financial Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Chemical Financial Corporation makes up approximately 1.65% of Krasney Financial’s portfolio.

Other Hedge Funds, Including , Hbk Investments L P added CHFC to its portfolio by purchasing 6,900 company shares during the most recent quarter which is valued at $346,932. Chemical Financial Corporation makes up approx 0.01% of Hbk Investments L P’s portfolio. Profund Advisors added CHFC to its portfolio by purchasing 10,730 company shares during the most recent quarter which is valued at $519,976. Chemical Financial Corporation makes up approx 0.03% of Profund Advisors’s portfolio. Retirement Systems Of Alabama added CHFC to its portfolio by purchasing 90,163 company shares during the most recent quarter which is valued at $3,748,978. Chemical Financial Corporation makes up approx 0.02% of Retirement Systems Of Alabama’s portfolio.Chicago Equity Partners boosted its stake in CHFC in the latest quarter, The investment management firm added 1,600 additional shares and now holds a total of 25,280 shares of Chemical Financial Corporation which is valued at $1,085,776. Chemical Financial Corporation makes up approx 0.03% of Chicago Equity Partners’s portfolio.

Chemical Financial Corporation opened for trading at $51.21 and hit $51.5 on the upside on Monday, eventually ending the session at $51.31, with a gain of 0.55% or 0.28 points. The heightened volatility saw the trading volume jump to 4,25,692 shares. Company has a market cap of $3,620 M.

Investors should note that on Nov 9, 2016, Chemical Financial Corporation announced a cash dividend of $0.2700. The company’s management has announced Nov 30, 2016 as the ex-dividend date and fixed the record date on Dec 2, 2016. The payable date has been fixed on Dec 16, 2016.

Chemical Financial Corporation is a financial holding company. The Company through its subsidiary bank Chemical Bank offers a range of traditional banking and fiduciary products and services. Its products and services 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 and other banking services. It operates through an internal organizational structure of around four regional banking units and around 18 community banking units. The Bank directly owns three operating non-bank subsidiaries: CFC Financial Services Inc. CFC Title Services Inc. and CFC Capital Inc. The Company also operates Monarch Community Bank as a separate subsidiary.

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