Big Money Are Buying Cardinal Health Inc (NYSE:CAH), Sentiment at 1

June 27, 2018 - By Arturo Altman

Cardinal Health, Inc. (NYSE:CAH) Corporate Logo

“Big money” Positions

“Big money sentiment for Cardinal Health Inc (NYSE:CAH) in Q1 2018 increased to 1, revealed SEC filings. So its up 0.25, from 2017Q4’s 0.75. 252 funds started new or increased positions, while 252 sold and trimmed equity positions in Cardinal Health Inc so the sentiment is positive. Funds own 279.84 million shares, up from 276.20 million shares in 2017Q4. Funds holding Cardinal Health Inc in top 10 changed to 2 from 4 for a decrease of 2. 34 Investors Sold All; 218 Reduced Holdings; 184 increased holdings while 68 funds bought holdings.

Largest Cardinal Health Inc Shareholders

As of Q1 2018 Mcdonald Capital Investors Inc Ca has 3.63% invested in Cardinal Health Inc. As of Q1 2018, 589,500 shares of Cardinal Health Inc are owned by Roystone Capital Management Lp. Rr Partners Lp reported 656,100 shares. Baupost Group Llc Ma revealed 5.10 million shares position in Cardinal Health Inc. The Texas-based fund Kempner Capital Management Inc. looks positive on Cardinal Health Inc, possessing 69,636 shares.

Cardinal Health, Inc. operates as an integrated healthcare services and products firm worldwide.The firm is valued at $16.56 billion. The companyÂ’s Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare, and consumer products to retailers, hospitals, and other healthcare providers.9.96 is the P/E ratio. It offers distribution, inventory management, data reporting, new product launch support, and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; and consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers.

CAH is touching $53.3 during the last trading session, after decreased 0.04%.Cardinal Health, Inc. has volume of 452,810 shares. Since June 27, 2017 CAH has declined 28.59% and is downtrending. The stock underperformed the S&P500 by 41.16%.

On August, 1. Investors wait Cardinal Health, Inc. (NYSE:CAH) to report its quarterly earnings, according to Faxor. This year’s EPS analyst estimate is anticipated to be $0.93. That is 29.01 % down compareed to $1.31 EPS for last year. This could hit $288.95 million profit for CAH assuming the current $0.93 EPS will become reality. Wall Street sees -33.09 % negative EPS growth as of August, 1.

32,104 were accumulated by Etrade Mgmt Limited Company. Nebraska-based Nelson Van Denburg Campbell Wealth Mngmt Gp Inc Limited Liability Company has invested 0.11% in Cardinal Health, Inc. (NYSE:CAH). Franklin Resources owns 5.68 million shs for 0.18% of their capital. Proshare Advisors Llc invested 0.41% in Cardinal Health, Inc. (NYSE:CAH). Girard Ltd holds 20,533 shs. Nj State Employees Deferred Compensation Plan has invested 0.17% in Cardinal Health, Inc. (NYSE:CAH). Parametric Portfolio Associate Limited Liability has invested 0.06% of its capital in Cardinal Health, Inc. (NYSE:CAH). Lsv Asset Mngmt has 2.95M shs for 0.29% of their capital. Miller Inv Mngmt Lp accumulated 25,887 shs. Coe Cap Mgmt Llc has 0.57% invested in Cardinal Health, Inc. (NYSE:CAH). Moreover, Spark Mngmt Ltd Co has 0.27% invested in Cardinal Health, Inc. (NYSE:CAH) for 66,800 shs. Raymond James Trust Na reported 16,257 shs. Capital Advisors Limited Liability owns 10,363 shs. 71,329 were reported by Nordea Invest Mgmt. Cibc Asset Management holds 0.01% of its capital in Cardinal Health, Inc. (NYSE:CAH) for 30,660 shs.

Cardinal Health, Inc. registered $3.82 million net activity with 0 buys and 3 insider sales since January 22, 2018. 28,532 shs valued at $1.89M were sold by MORRISON PATRICIA on Wednesday, February 14. $1.37M worth of Cardinal Health, Inc. (NYSE:CAH) shs were sold by Kaufmann Michael C.

Cardinal Health, Inc. (NYSE:CAH) Ratings Coverage

In total 9 analysts cover Cardinal Health (NYSE:CAH). “Buy” rating has 2, “Sell” are 1, while 6 are “Hold”. (NYSE:CAH) has 22% bullish analysts. With $8500 highest and $67 lowest target, Cardinal Health has $74.38 average target or 39.55% above the current ($53.3) price. 11 are the (NYSE:CAH)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Monday, April 16 the rating was maintained by Barclays Capital with “Equal-Weight”. The stock rating was upgraded by Leerink Swann to “Outperform” on Tuesday, April 24. On Friday, February 9 Jefferies maintained the shares of CAH in report with “Hold” rating. On Wednesday, January 17 the rating was maintained by Robert W. Baird with “Hold”. On Tuesday, April 24 the stock of Cardinal Health, Inc. (NYSE:CAH) earned “Hold” rating by RBC Capital Markets. On Monday, April 2 the firm has “Buy” rating by Argus Research given. On Wednesday, January 24 the stock has “Hold” rating by Mizuho. On Thursday, February 8 RBC Capital Markets maintained the shares of CAH in report with “Hold” rating.

Another two news for Cardinal Health, Inc. (NYSE:CAH) were briefly brought out by: Seekingalpha.com on June 12, 2018 with title “Cardinal Health: At Least 25% Upside”. The other Seekingalpha.com‘s article was titled “Recent Stock Purchase II June 2018” and brought out on June 27, 2018.

Cardinal Health, Inc. (NYSE:CAH) Institutional Investors Chart

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