Quantum Capital Management Decreased Stake in Cardinal Health INC (CAH)

June 27, 2018 - By Sarah North

Cardinal Health, Inc. (NYSE:CAH) Corporate LogoDuring 2018 Q1 the big money sentiment increased to 1. That’s change of 0.25, from 2017Q4’s 0.75. 34 investors sold all, 218 reduced holdings as CAH ratio improved. 184 grew positions while 68 funds amassed positions. Funds hold 279.84 million shares thus 1.32% more from 2017Q4’s 276.20 million shares. Synovus Fincl Corporation invested 0% of its capital in Cardinal Health, Inc. (NYSE:CAH). Riverbridge Partners Ltd Com holds 0.03% or 30,315 shs in its capital. Thompson Siegel And Walmsley Ltd Liability accumulated 1.29M shs or 0.99% of the stock. Oak Assoc Limited Oh has 53,250 shs for 0.23% of their capital. Raymond James Na invested 0.07% of its capital in Cardinal Health, Inc. (NYSE:CAH). Duncker Streett & Inc reported 0.07% in Cardinal Health, Inc. (NYSE:CAH). Mcf Advsrs Lc, a Kentucky-based fund reported 2,222 shs. Wells Fargo & Com Mn reported 1.15M shs. South Dakota Inv Council invested in 0.02% or 13,000 shs. Of Toledo Na Oh has invested 0.34% in Cardinal Health, Inc. (NYSE:CAH). Northwestern Mutual Wealth Management holds 5,892 shs. Mcdonald Cap Investors Ca reported 715,485 shs or 3.63% of all its holdings. Paloma Prtnrs Mngmt Co has 0.06% invested in Cardinal Health, Inc. (NYSE:CAH) for 65,441 shs. Rhumbline Advisers accumulated 566,470 shs or 0.07% of the stock. Birmingham Com Al has 0.54% invested in Cardinal Health, Inc. (NYSE:CAH).

CAH registered $3.82 million net activity with 0 insider buys and 3 insider sales since January 22, 2018. 7,995 Cardinal Health, Inc. (NYSE:CAH) shs with value of $549,924 were sold by Giacomin Jon L. Kaufmann Michael C sold $1.37M worth of Cardinal Health, Inc. (NYSE:CAH) or 18,586 shs on Monday, January 22.

Quantum Capital Management decreased its stake by 89.24% in Cardinal Health Inc (CAH), according to 2018Q1 Securities and Exchange form. The company’s stock declined 25.69% with the market as Quantum Capital Management sold 127,952 shares. The institutional investor is holding 15,431 shares, compared to the 143,383 from the previous quarter. And the reported value of the health care company is $967,000 for the 2018Q1. For a total of 122,627 shares it increased its holding in Vanguard Bd Index Fd Inc (BSV) by 50,149 shares in the quarter, and has risen its stake in Vanguard Scottsdale Fds (VGSH).

Earnings report for Cardinal Health, Inc. (NYSE:CAH) is awaited on August, 1., RTT reports. earnings per share of $0.93 is 29.01 % down from 2017’s $1.31 EPS. If CAH’s EPS is $0.93 the profit will reach $288.93 million for 14.33 P/E. Wall Street now forecasts -33.09 % negative EPS growth despite Cardinal Health, Inc. previous quarter’s EPS of $1.39.

Another two news for Cardinal Health, Inc. (NYSE:CAH) were briefly released 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 released on June 27, 2018.

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

Total analysts of 9 have positions in Cardinal Health (NYSE:CAH) as follows: 2 rated it a “Buy”, 1 with “Sell” and 6 with “Hold”. The positive are 22%. The firm has $8500 highest while $67 is the lowest PT. The average target $74.38 is 39.58% above the last ($53.29) price. Since January 5, 2018 according to StockzIntelligence Inc Cardinal Health has 11 analyst reports. The company rating was maintained by Mizuho on Wednesday, January 24. On Tuesday, April 24 the stock of Cardinal Health, Inc. (NYSE:CAH) has “Outperform” rating given by Leerink Swann. On Thursday, February 8 the firm has “Hold” rating given by RBC Capital Markets. On Monday, April 16 the stock has “Equal-Weight” rating by Barclays Capital. On Friday, February 9 Jefferies maintained Cardinal Health, Inc. (NYSE:CAH) rating. Jefferies has “Hold” rating and $72.0 target. On Wednesday, January 17 the stock of Cardinal Health, Inc. (NYSE:CAH) earned “Hold” rating by Robert W. Baird. On Tuesday, April 24 RBC Capital Markets maintained the shares of CAH in report with “Hold” rating. On Monday, April 2 the stock has “Buy” rating by Argus Research.

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

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