Chemical Finl (CHFC) Holder Vaughan Nelson Investment Management LP Trimmed Its Stake; Fortaleza Asset Management Increases Stake in Bank Of The Ozarks (OZRK)

December 7, 2017 - By Darrin Black

Vaughan Nelson Investment Management Lp decreased its stake in Chemical Finl Corp (CHFC) by 22.82% based on its latest 2017Q2 regulatory filing with the SEC. Vaughan Nelson Investment Management Lp sold 277,290 shares as the company’s stock declined 13.63% while stock markets rallied. The institutional investor held 937,860 shares of the major banks company at the end of 2017Q2, valued at $45.40M, down from 1.22 million at the end of the previous reported quarter. Vaughan Nelson Investment Management Lp who had been investing in Chemical Finl Corp for a number of months, seems to be less bullish one the $3.98 billion market cap company. The stock increased 0.23% or $0.13 during the last trading session, reaching $55.95. About 298,112 shares traded. Chemical Financial Corporation (NASDAQ:CHFC) has risen 21.76% since December 7, 2016 and is uptrending. It has outperformed by 5.06% the S&P500.

Fortaleza Asset Management Inc increased its stake in Bank Of The Ozarks Inc. (OZRK) by 165.8% based on its latest 2017Q2 regulatory filing with the SEC. Fortaleza Asset Management Inc bought 8,000 shares as the company’s stock declined 14.66% while stock markets rallied. The institutional investor held 12,825 shares of the major banks company at the end of 2017Q2, valued at $601,000, up from 4,825 at the end of the previous reported quarter. Fortaleza Asset Management Inc who had been investing in Bank Of The Ozarks Inc. for a number of months, seems to be bullish on the $5.96B market cap company. The stock decreased 0.75% or $0.35 during the last trading session, reaching $46.16. About 599,313 shares traded. Bank of the Ozarks (NASDAQ:OZRK) has risen 26.77% since December 7, 2016 and is uptrending. It has outperformed by 10.07% the S&P500.




Vaughan Nelson Investment Management Lp, which manages about $9.91B and $8.36 billion US Long portfolio, upped its stake in Integrated Device Technology (NASDAQ:IDTI) by 907,200 shares to 2.49 million shares, valued at $64.15M in 2017Q2, according to the filing. It also increased its holding in Multi Color Corp (NASDAQ:LABL) by 12,825 shares in the quarter, for a total of 707,450 shares, and has risen its stake in Huntington Bancshares Inc (NASDAQ:HBAN).

Among 9 analysts covering Chemical Financial (NASDAQ:CHFC), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Chemical Financial had 15 analyst reports since January 27, 2016 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of CHFC in report on Tuesday, October 3 with “Buy” rating. The company was maintained on Tuesday, September 12 by Keefe Bruyette & Woods. The firm has “Strong Buy” rating by Raymond James given on Wednesday, March 2. On Wednesday, January 27 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. The stock has “Buy” rating by Sandler O’Neill on Thursday, January 28. The company was maintained on Thursday, June 1 by Keefe Bruyette & Woods. The rating was maintained by Stephens with “Buy” on Tuesday, July 25. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, October 26. The firm has “Overweight” rating given on Monday, July 10 by Stephens. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, August 8 report.

Analysts await Chemical Financial Corporation (NASDAQ:CHFC) to report earnings on January, 24. They expect $0.82 EPS, up 17.14% or $0.12 from last year’s $0.7 per share. CHFC’s profit will be $58.36 million for 17.06 P/E if the $0.82 EPS becomes a reality. After $0.79 actual EPS reported by Chemical Financial Corporation for the previous quarter, Wall Street now forecasts 3.80% EPS growth.

Investors sentiment increased to 1.17 in Q2 2017. Its up 0.13, from 1.04 in 2017Q1. It improved, as 22 investors sold CHFC shares while 65 reduced holdings. 24 funds opened positions while 78 raised stakes. 54.29 million shares or 0.56% less from 54.60 million shares in 2017Q1 were reported. Alliancebernstein Lp accumulated 0% or 107,088 shares. 3,345 were accumulated by Mount Lucas Ltd Partnership. Moreover, Aviance Capital Ltd Liability has 0% invested in Chemical Financial Corporation (NASDAQ:CHFC) for 183 shares. Morgan Stanley accumulated 0% or 193,933 shares. Employees Retirement Of Texas invested 0.05% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). Riverhead Cap Management Limited Co reported 3,827 shares or 0.01% of all its holdings. Vanguard Group Inc Inc holds 6.12M shares. Bnp Paribas Arbitrage Sa invested 0.01% in Chemical Financial Corporation (NASDAQ:CHFC). Nationwide Fund stated it has 219,189 shares or 0.04% of all its holdings. Thrivent For Lutherans accumulated 0.08% or 403,095 shares. Ngam Advsrs Lp holds 0.04% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC) for 67,386 shares. Utd Automobile Association has invested 0.02% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). Proshare Lc holds 0.01% or 12,554 shares in its portfolio. Citigroup Inc holds 0% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC) for 5,238 shares. Ubs Asset Management Americas has invested 0% in Chemical Financial Corporation (NASDAQ:CHFC).

More notable recent Chemical Financial Corporation (NASDAQ:CHFC) news were published by: Nasdaq.com which released: “Chemical Financial Reaches Analyst Target Price” on November 30, 2017, also Nasdaq.com with their article: “Chemical Financial Corporation (CHFC) Ex-Dividend Date Scheduled for November …” published on November 29, 2017, Globenewswire.com published: “Chemical Financial Corporation Announces Third Quarter 2017 Earnings …” on October 12, 2017. More interesting news about Chemical Financial Corporation (NASDAQ:CHFC) were released by: Globenewswire.com and their article: “Chemical Financial Corporation Announces Retirement of its CEO and President …” published on June 21, 2017 as well as Seekingalpha.com‘s news article titled: “Chemical Financial Corporation’s (CHFC) CEO David Provost on Q3 2017 Results …” with publication date: October 25, 2017.

Investors sentiment increased to 1.31 in Q2 2017. Its up 0.24, from 1.07 in 2017Q1. It is positive, as 37 investors sold OZRK shares while 93 reduced holdings. 49 funds opened positions while 121 raised stakes. 106.85 million shares or 1.30% more from 105.48 million shares in 2017Q1 were reported. Puzo Michael J holds 78,902 shares or 2% of its portfolio. Zevenbergen Invests Llc owns 1.05M shares. Canandaigua Natl Bank And, a New York-based fund reported 5,085 shares. Amarillo National Bank has 0.08% invested in Bank of the Ozarks (NASDAQ:OZRK) for 5,007 shares. Utah Retirement accumulated 20,886 shares. Nuveen Asset Mngmt Ltd Liability has invested 0.11% in Bank of the Ozarks (NASDAQ:OZRK). Delta Asset Tn invested in 0.01% or 1,164 shares. Victory Cap invested 0.01% of its portfolio in Bank of the Ozarks (NASDAQ:OZRK). Sweden-based Nordea Inv Mgmt Ab has invested 0.06% in Bank of the Ozarks (NASDAQ:OZRK). Thrivent Fin For Lutherans holds 0.05% of its portfolio in Bank of the Ozarks (NASDAQ:OZRK) for 257,814 shares. The Arkansas-based Ifrah Fin has invested 0.51% in Bank of the Ozarks (NASDAQ:OZRK). Mutual Of America Cap Management Ltd Llc holds 106,679 shares. Rice Hall James And Associates Ltd holds 497,114 shares. Bnp Paribas Arbitrage owns 243,538 shares. Utah-based Wasatch Advisors Incorporated has invested 0.02% in Bank of the Ozarks (NASDAQ:OZRK).

More recent Bank of the Ozarks (NASDAQ:OZRK) news were published by: Nasdaq.com which released: “Higher Costs Curb Bank of the Ozarks’ Profits: Time to Sell?” on November 23, 2017. Also Therealdeal.com published the news titled: “Bank of Ozarks sheds a layer of regulation” on November 09, 2017. Seekingalpha.com‘s news article titled: “The Mighty Ozark Leading The Southeast” with publication date: November 09, 2017 was also an interesting one.

Among 10 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Bank of the Ozarks had 26 analyst reports since August 25, 2015 according to SRatingsIntel. The company was initiated on Wednesday, November 30 by Brean Capital. On Friday, June 24 the stock rating was maintained by Keefe Bruyette & Woods with “Outperform”. The firm has “Outperform” rating by Merion Capital Group given on Thursday, December 24. The company was maintained on Monday, October 23 by Brean Capital. The firm earned “Overweight” rating on Thursday, October 5 by PiperJaffray. The rating was maintained by Stephens with “Buy” on Thursday, June 22. The firm has “Hold” rating by Sandler O’Neill given on Wednesday, August 26. The rating was maintained by Stephens on Friday, July 28 with “Hold”. Stephens maintained it with “Buy” rating and $5800 target in Wednesday, July 12 report. The firm has “Outperform” rating given on Thursday, October 12 by Raymond James.

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