Thu Sep 26 15:03:29 UTC 2024: ## Institutional Investors Show Strong Interest in Chemed Co. (CHE)

**New York, NY -** Pacer Advisors Inc. increased its stake in Chemed Co. (NYSE:CHE) by 4.4% in the second quarter, according to a recent SEC filing. The fund now holds 3,407 shares, valued at $1,849,000.

This investment reflects a broader trend of institutional interest in CHE. Several other investors, including GAMMA Investing LLC, Mather Group LLC, and EntryPoint Capital LLC, also increased their positions in the company during the second quarter.

**Chemed’s Stock Performance:**

CHE stock opened at $595.51 on Thursday, with a market cap of $9.02 billion. The company has a price-to-earnings ratio of 32.05 and a beta of 0.44.

**Dividend Increase and Insider Transactions:**

Chemed recently announced a quarterly dividend of $0.50, representing a boost from the previous quarter’s $0.40. The ex-dividend date was August 12th.

Meanwhile, insider transactions saw EVP Nicholas Michael Westfall selling 1,713 shares on September 9th, while Director George J. Walsh III sold 200 shares on August 21st.

**Chemed’s Business Overview:**

Chemed Corporation provides hospice and palliative care services through its VITAS segment. The company also operates the Roto-Rooter segment, offering plumbing, drain cleaning, and related services.

**Analyst Outlook:**

Investors looking for more information on hedge fund holdings and insider trades for Chemed Co. (NYSE:CHE) can visit HoldingsChannel.com. To receive daily news and analyst ratings for Chemed and related companies, subscribe to MarketBeat.com’s free email newsletter.

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