Economy

Cardinal Health, Inc. (NYSE:CAH) Increases Dividend to $0.46 Per Share

Finally, Iowa State Bank boosted its position in shares of Cardinal Health by 3.4% in the first quarter. It has underperformed by 21.65% the S&P500. The target implies a -14.16% decrease from where the shares are now trading. Skechers Usa Inc. now has $4.55B valuation. The lowest price the stock reached in the last trading day was $2.32 and compares with the $0.93 52-week low. It has outperformed by 17.31% the S&P500.

Investors sentiment increased to 0.83 in 2016 Q4. Its up 0.04, from 0.79 in 2016Q3. The Davy Asset Management Ltd holds 16,744 shares with $1.38M value, down from 27,055 last quarter. Hudson Canyon Inv Counselors Ltd Liability owns 10,000 shares. Great West Life Assurance Can holds 0% of its portfolio in Churchill Downs, Inc. About 1.84 million shares traded. The firm owned 2,861,518 shares of the company's stock after buying an additional 156,915 shares during the period.

Algert Global Llc decreased Cavco Inds Inc Del (NASDAQ:CVCO) stake by 6,804 shares to 4,020 valued at $401,000 in 2016Q4. "(NYSE:CAH) Increases Dividend to $0.46 Per Share" was reported by Transcript Daily and is the sole property of of Transcript Daily. Mu Invs reported 0.04% stake. Denali Limited Liability Co reported 113,400 shares. The stock rose 0.21% or $0.16 reaching $77.06.

COPYRIGHT VIOLATION NOTICE: "Cardinal Health, Inc". Ontario - Canada-based Td Asset Mgmt Incorporated has invested 0.02% in Cardinal Health Inc (NYSE:CAH). Geode Cap Management Ltd Llc has invested 0.01% in Churchill Downs, Inc. Skechers Usa Inc. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. During the same quarter in the prior year, the firm posted $1.43 EPS. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.07. Equity analyst Jefferies starting coverage on the stock with a rating of "Hold". Therefore 25% are positive. The rating was maintained by Mizuho on Tuesday, February 7 with "Neutral". The firm has "Neutral" rating given on Friday, September 16 by Goldman Sachs. BMO Capital Markets has "Outperform" rating and $46.0 target. On Tuesday, November 3 the stock rating was maintained by RBC Capital Markets with "Outperform". They set a "hold" rating and a $77.00 price target on the stock. The firm has "Neutral" rating by Susquehanna given on Thursday, December 1. The stock has "Equal-Weight" rating by Morgan Stanley on Wednesday, September 21. Analysts expect that Cardinal Health, Inc. will post $5.35 earnings per share for the current fiscal year. CAH's profit will be $388.99 million for 15.29 P/E if the $1.26 EPS becomes a reality. After posting $1.53 EPS for the previous quarter, Cardinal Health Inc's analysts now forecast -17.65 % negative EPS growth.

Investors sentiment decreased to 0.9 in Q4 2016.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. 17 funds opened positions while 60 raised stakes. 272.06 million shares or 2.54% more from 265.31 million shares in 2016Q3 were reported.

Cardinal Health (NYSE:CAH) last posted its earnings results on Monday, May 1st. Vigilant Capital Ltd Liability stated it has 0% in Cardinal Health Inc (NYSE:CAH). Vantage Investment Prns Ltd Llc holds 26,343 shares. Inc. decreased its position in Cardinal Health, Inc. Alliancebernstein Lp has 420,225 shares for 0.01% of their portfolio. Hudson Valley Advsr Adv reported 14,125 shares stake. Because Cardinal Health helps ensure pharmacists and the consumers they serve have access to medications they need while working to help prevent prescription drug diversion, the company and its education partners created Generation Rx, a national program to help prevent the misuse of prescription medications.

Caledonia Investments Plc holds 10.24% of its portfolio in Oracle Corporation for 862,500 shares. Winslow Evans & Crocker invested in 2,128 shares or 0% of the stock. Retail Bank Of The West invested 0.35% of its portfolio in Cardinal Health Inc (NYSE:CAH). Fruth Mngmt holds 0.52% of its portfolio in Gap Inc (NYSE:GPS) for 50,650 shares. Cardinal Health's payout ratio is 44.05%. Standpoint Research downgraded the shares of SKX in report on Thursday, March 16 to "Hold" rating. Therefore 24% are positive. Fincl Services has invested 0.01% in Cardinal Health Inc (NYSE:CAH). First Mercantile Trust Co. now owns 2,539 shares of the company's stock valued at $207,000 after buying an additional 397 shares in the last quarter. On Friday, September 16 the stock rating was downgraded by Goldman Sachs to "Neutral". The firm has "Buy" rating given on Friday, May 6 by Hilliard Lyons. William Blair downgraded the shares of CAH in report on Wednesday, April 19 to "Market Perform" rating. The company was maintained on Thursday, August 4 by Deutsche Bank. The rating was maintained by Leerink Swann with "Hold" on Monday, April 24. Cardinal Health, Inc. (CAH) has made its way to a 12-month decline of -3.88%.

Since February 10, 2017, it had 0 buys, and 2 selling transactions for $18.53 million activity. The insider Giacomin Jon L sold $1.70M.

More notable recent Cardinal Health Inc (NYSE:CAH) news were published by: Nasdaq.com which released: "Ex-Dividend Reminder: Agilent Technologies, HealthSouth and Cardinal Health" on June 27, 2017, also Reuters.com with their article: "Cardinal Health to pay $2.72 million in false claims settlement" published on June 30, 2017, Bizjournals.com published: "25 OH companies make new Fortune 500 list, with Cardinal Health overtaking ..." on June 07, 2017.



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