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TimesSquare Capital Management LLC increased its holdings in Chemed Co. by 15.3% during Q3, owning 203,510 shares valued at $105,764,000, making it the 7th largest position in their portfolio. Other firms also bought shares. CHE stock traded down to $566.18 on Friday, with a 50-day moving average of $579.20, and a market cap of $8.53 billion.

CHE last reported quarterly earnings of $5.32 EPS, exceeding the consensus estimate of $4.92 by $0.40. It had a return on equity of 32.87% and net margin of 10.99%. CHE has a P/E ratio of 35.06, a PEG ratio of 2.79, and a beta of 0.43. Analysts predict it will post 19.39 EPS for the current year.

Recently, Chemed also declared a quarterly dividend of $0.40 per share, representing a $1.60 annualized dividend and a dividend yield of 0.28%. The business also announced insider transactions, including the sale of shares by EVP and CEO.

Research analysts have given CHE a “Buy” rating, with some increasing their price target to as high as $604.00. Reuters has also released a report on Chemed Corporation’s recent activities.

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Read more: Chemed Co. (NYSE:CHE) Stock Position Increased by TimesSquare Capital Management LLC