Friday, 16 November, 2018

Donald L. Hagan LLC Buys 4323 Shares of Cardinal Health, Inc. (CAH)

Nellie Chapman | 07 November, 2017, 10:29

Finally, Swiss National Bank increased its stake in shares of Cardinal Health by 1.6% during the second quarter. State Of New Jersey Common Pension Fund D owns 0.07% invested in Cardinal Health Inc (NYSE:CAH) for 230,000 shares. Royal Bank Of Canada started coverage on Cardinal Health in a report on Tuesday, September 19th. OLD Mutual Customised Solutions Proprietary Ltd. now owns 16,462 shares of the company's stock worth $1,342,000 after purchasing an additional 3,662 shares in the last quarter.

Cardinal Health (CAH) traded up $0.31 during trading hours on Tuesday, hitting $61.38.

Investors are sharpening their focus on shares of Cardinal Health, Inc. Sheets Smith Wealth Management now owns 36,800 shares of the company's stock worth $2,867,000 after purchasing an additional 300 shares during the period. The institutional investor held 68,724 shares of the health care company at the end of 2017Q2, valued at $5.36M, up from 61,916 at the end of the previous reported quarter.

Cardinal Health said its Chief Financial Officer Mike Kaufmann would replace Barrett, starting January 1. Oregon Employees Retirement Fund stated it has 0.12% of its portfolio in Cardinal Health Inc (NYSE:CAH). About 4.17M shares traded or 40.88% up from the average. The share last price represents downtick move of -27.69% in value from company's 52-Week high price and shows 1.74% above change in value from its 52-Week low price. Zooming in closer, company stock has been -11.35% for the quarter, -9.25% over the past month, and -1.02% over the past week.

Cardinal Health, Inc. (CAH) closed -16.8% below its 200-day moving average and is -7.56% below another chart threshold, its 50-day moving average. UBS maintained Cardinal Health Inc (NYSE:CAH) rating on Tuesday, November 3. The company reported $1.24 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.21 by $0.03. Seven analysts surveyed by Zacks expected $33.43 billion. Ny State Teachers Retirement Sys has 0.1% invested in Cardinal Health Inc (NYSE:CAH) for 521,207 shares. "With one quarter behind us, we remain comfortable with our full-year guidance".

The Average Earnings Estimate for the Current Fiscal quarter is $1.24 per share, according to consensus of 17 analysts. Cardinal Health comprises approximately 1.1% of Donald L. Hagan LLC's investment portfolio, making the stock its 24th largest holding.

The business also recently disclosed a quarterly dividend, which was paid on Sunday, October 15th. Shareholders of record on Monday, October 2nd were given a $0.4624 dividend. The ex-dividend date of this dividend is Thursday, December 29th. The stock decreased 1.42% or $0.69 on November 3, reaching $47.98. Cardinal Health's dividend payout ratio is presently 43.58%. (CAH) - averaging the work of different analysts - reveals a mean PT of $73.82/share.

Cardinal Health, Inc. (CAH) has an annual dividend of $1.85, while its annual dividend yield is 3.01%. Leerink Swann reaffirmed a "buy" rating on shares of Cardinal Health in a report on Wednesday, August 3rd. Credit Suisse maintained the stock with "Buy" rating in Thursday, August 3 report. The stock now has Monthly Volatility of 2.59% and Weekly Volatility of 2.97%. SunTrust initiated the stock with "Buy" rating in Tuesday, July 26 report. Also, the Hold rating count is 0, as of 03 Nov 2017. The stock has a consensus rating of "Buy" and a consensus target price of $91.62. Evercore upgraded Cardinal Health Inc (NYSE:CAH) on Thursday, April 6 to "Outperform" rating. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Following the transaction, the chairman now directly owns 682,226 shares in the company, valued at $48,635,891.54.

Acadian Asset Management Llc increased Silicon Motion Technology Co (SIMO) stake by 118.81% reported in 2017Q2 SEC filing. The stock declined 1.45% or $0.89 reaching $60.49 on the news. Cardinal Health Inc (NYSE:CAH) has declined 4.95% since November 6, 2016 and is downtrending.

Its pharma division, which markets radiopharmaceuticals, plasma products and other drugs, saw a 13% dip in profits year over year, while its medical segment reported a 1% increase, from $127 million to $129 million. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare and consumer products.