Dennis Klaeser Sold 53,536 Shares of Chemical Financial (CHFC); Nuveen Amt-free Municipal Income Fund (NEA) Sentiment Is 1.13

After the publishing of a legal report filled with D.C. based-SEC; a telling insider trade became apparent. The Executive V.P. – C.F.O. of Chemical Financial Corp, Dennis Klaeser; did a significant deal in the open market by unloading 53,536 shares at an avg stock price per share of $58.5 of the Pinksheet-listed Chemical Financial Corp worth near $3,130,861 U.S. Dollars. Because it was a huge one trade, it’s not likely to stay unnoticed one. Dennis Klaeser now owns 48,615 shares or 0.07% of the company’s market cap.

The stock decreased 0.39% or $0.05 during the last trading session, reaching $12.85. About 228,640 shares traded. Nuveen AMT-Free Quality Municipal Income Fund (NEA) has declined 6.51% since February 6, 2017 and is downtrending. It has underperformed by 23.21% the S&P500.

Robinson Capital Management Llc holds 4.34% of its portfolio in Nuveen AMT-Free Quality Municipal Income Fund for 698,696 shares. Rivernorth Capital Management Llc owns 3.36 million shares or 3.8% of their US portfolio. Moreover, Karpus Management Inc. has 1.72% invested in the company for 2.41 million shares. The Washington-based Tradewinds Capital Management Llc has invested 1.16% in the stock. Jfs Wealth Advisors Llc, a Pennsylvania-based fund reported 309,268 shares.

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. $59.75’s average target is 7.52% above currents $55.57 stock price. Chemical Financial had 20 analyst reports since January 27, 2016 according to SRatingsIntel. On Tuesday, July 25 the stock rating was maintained by Stephens with “Buy”. The stock of Chemical Financial Corporation (NASDAQ:CHFC) earned “Overweight” rating by Stephens on Monday, July 10. The rating was upgraded by FIG Partners to “Outperform” on Friday, January 29. Raymond James initiated Chemical Financial Corporation (NASDAQ:CHFC) rating on Wednesday, March 2. Raymond James has “Strong Buy” rating and $42 target. The rating was maintained by Piper Jaffray on Wednesday, January 24 with “Buy”. The stock of Chemical Financial Corporation (NASDAQ:CHFC) earned “Buy” rating by Sandler O’Neill on Thursday, January 28. The stock of Chemical Financial Corporation (NASDAQ:CHFC) has “Buy” rating given on Thursday, June 1 by Keefe Bruyette & Woods. Keefe Bruyette & Woods downgraded Chemical Financial Corporation (NASDAQ:CHFC) on Thursday, October 26 to “Hold” rating. The firm earned “Buy” rating on Wednesday, January 24 by Sandler O’Neill. Hilliard Lyons upgraded the shares of CHFC in report on Friday, January 26 to “Buy” rating.

Investors sentiment increased to 1.51 in 2017 Q3. Its up 0.34, from 1.17 in 2017Q2. It increased, 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. 2.97M were reported by Dimensional Fund Lp. Eagle Boston Management Incorporated invested in 0.97% or 178,352 shares. Pennsylvania-based Vanguard Grp has invested 0.02% in Chemical Financial Corporation (NASDAQ:CHFC). The California-based Wells Fargo And Mn has invested 0% in Chemical Financial Corporation (NASDAQ:CHFC). Zurcher Kantonalbank (Zurich Cantonalbank) owns 2,405 shares. Natl Planning reported 9,119 shares. Sg Americas Llc owns 25,899 shares. Sei stated it has 0% in Chemical Financial Corporation (NASDAQ:CHFC). Schroder Invest Mngmt Grp has 1.67 million shares. Proshare Advsr Ltd Liability reported 19,162 shares or 0.01% of all its holdings. M&T Bankshares Corp, New York-based fund reported 6,200 shares. Strs Ohio has invested 0% of its portfolio in Chemical Financial Corporation (NASDAQ:CHFC). Boston Advsrs Ltd Liability Corporation stated it has 0.02% in Chemical Financial Corporation (NASDAQ:CHFC). Pinebridge Invs Limited Partnership reported 38,916 shares stake. Outfitter reported 46,350 shares or 0.85% of all its holdings.

The stock increased 0.45% or $0.25 during the last trading session, reaching $55.57. About 41,466 shares traded. Chemical Financial Corporation (NASDAQ:CHFC) has risen 21.76% since February 6, 2017 and is uptrending. It has outperformed by 5.06% the S&P500.