Cardinal Health Inc (NYSE:CAH) Big Money Sentiment Change at 1

June 27, 2018 - By Nicole Mills

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

“Big money” Positions

In 2018 Q1 Cardinal Health Inc (NYSE:CAH) big money sentiment increased to 1, according to SEC.gov filings. That’s up 0.25, from 2017Q4’s 0.75. 252 investment managers increased and started new holdings, while 252 sold and reduced their holdings 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. In total 34 funds closed positions, 218 reduced and 184 increased. Also 68 funds bought new Cardinal Health Inc stakes.

Largest Cardinal Health Inc Shareholders

As of 2018 Q1 Mcdonald Capital Investors Inc Ca has 3.63% invested in Cardinal Health Inc. Cardinal Health Inc’s shareholder Roystone Capital Management Lp owns 589,500 shares as of 2018 Q1. 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. holds 69,636 shares or 2.98% of their portfolio.

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.The P/E ratio is 9.96. 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 reached $53.3 during the last trading session after $0.02 change.Cardinal Health, Inc. has volume of 452,810 shares. Since June 27, 2017 CAH has declined 28.59% and is downtrending. CAH underperformed by 41.16% the S&P500.

Investors expect Cardinal Health, Inc. (NYSE:CAH)’s quarterly earnings on August, 1., as reported by Faxor. Analysts forecast $0.93 EPS. That’s $0.38 down or 29.01 % from 2017’s earnings of $1.31. This could reach $288.95M profit for CAH assuming the current $0.93 EPS will become reality. Wall Street now sees -33.09 % negative EPS growth despite Cardinal Health, Inc. last quarter’s EPS of $1.39.

Quantitative Systematic Strategies Limited Liability Company owns 5,771 shs. Teachers Retirement Of The State Of Kentucky holds 33,525 shs or 0.03% of its capital. 47,800 are owned by Reik And Comm Ltd Llc. Srb Corporation accumulated 3,033 shs. Visionary Asset Management has 48,405 shs for 0.96% of their capital. Meeder Asset Management holds 0% or 50 shs. Paloma Prtn stated it has 65,441 shs. Alpha Windward Limited Liability Company invested in 2,599 shs. Walleye Trading Ltd Company owns 0.01% invested in Cardinal Health, Inc. (NYSE:CAH) for 34,595 shs. Zeke Cap Advsr Lc holds 0.06% or 9,926 shs in its capital. 18,945 were accumulated by Systematic Mgmt Limited Partnership. Moreover, Motco has 0% invested in Cardinal Health, Inc. (NYSE:CAH). Synovus Fincl reported 1,443 shs. Security Bank Of So Dak accumulated 0.67% or 9,380 shs. Qs Ltd owns 0.01% invested in Cardinal Health, Inc. (NYSE:CAH) for 22,320 shs.

Cardinal Health, Inc. registered $3.82 million net activity with 0 insider buys and 3 sales since January 22, 2018. Giacomin Jon L also sold $549,924 worth of Cardinal Health, Inc. (NYSE:CAH) on Thursday, February 15. On Monday, January 22 $1.37M worth of stock was 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”. 22% are bullish. With $8500 highest and $67 lowest PT Cardinal Health has $74.38 average PT or 39.55% above the current ($53.3) price. 11 are the (NYSE:CAH)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. The company rating was maintained by RBC Capital Markets on Tuesday, April 24. On Friday, February 9 the stock has “Hold” rating by Jefferies. On Thursday, February 8 the firm has “Hold” rating given by RBC Capital Markets. On Tuesday, April 24 the firm earned “Outperform” rating by Leerink Swann. The company rating was upgraded by Argus Research on Monday, April 2. On Wednesday, January 24 the stock of Cardinal Health, Inc. (NYSE:CAH) has “Hold” rating given by Mizuho. The stock rating was maintained by Barclays Capital with “Equal-Weight” on Monday, April 16. On Wednesday, January 17 the firm earned “Hold” rating by Robert W. Baird.

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

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

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