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Investor's Watch List: Cardinal Health, Inc. (CAH)

Investor's Watch List: Cardinal Health, Inc. (CAH)”

(NYSE:CAH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Over the past month the firm's stock is -7.41%, -19.74% for the last quarter, -14.10% for the past six-months and -17.10% for the a year ago. Alpha Windward LLC grew its holdings in Cardinal Health by 0.7% during the 2nd quarter.

Further, we can look at some other ratios and financial indicators in order to get an idea of the company's valuation. "More interesting news about Cardinal Health Inc (NYSE:CAH) were released by: "Bloomberg.com and their article: "Teamsters Push to Strip Cardinal Health CEO of Chairman's Role" published on October 13, 2017 as well as Bizjournals.com's news article titled: "Cardinal Health competitor â€" and Dublin neighbor â€" gains clout in acquisition ..." with publication date: "October 11, 2017. Natixis sold 21,750 shares as Symantec Corp (SYMC)'s stock rose 0.76%. 17 analysts on average projected earnings of $1.24 per share for the current quarter. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Cardinal Health by 31.8% in the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 13,255 shares of the company's stock valued at $1,033,000 after buying an additional 40 shares in the last quarter. The stock witnessed -7.41% declines, -19.74% declines and -14.1% declines for the 1-month, 3-month and 6-month period, respectively. The stock grabbed 52 new institutional investments totaling 2,784,993 shares while 80 institutional investors sold out their entire positions totaling 2,915,263 shares.

Several brokerages recently commented on CAH. Finally, Zacks Investment Research lowered shares of Cardinal Health from a hold rating to a sell rating in a report on Tuesday, July 4th. UBS AG reiterated a "neutral" rating and issued a $76.00 target price (down previously from $79.00) on shares of Cardinal Health in a report on Wednesday, August 9th. (CAH)-1 analysts issued Buy for the stock, 1 analysts gave Outperform rating, 14 think it's a Hold, 0 issued Underperform, while 0 analyst gave a Sell rating. Including today's unusual volume, Cardinal Health, Inc.'s stock is performing at -13.84% on the year. First Quadrant LP Ca reported 0.01% of its portfolio in Cardinal Health Inc (NYSE:CAH). Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Dupont Capital Management Corp purchased a new position in shares of Cardinal Health in the 2nd quarter worth approximately $164,000. After this sale, 464,231 common shares of CAH are directly owned by the insider, with total stake valued at $28,786,964. If it's only the one trading day, it can be dismissed as an anomaly. The stock had a trading volume of 163,937 shares. The company has a 50-day moving average of $74.95 and a 200 day moving average of $78.95. After the latest check-in, shares are -11.40% off of the 50 day high and -2.88% away from the 50 day low number.

Cardinal Health (NYSE:CAH) last announced its earnings results on Wednesday, August 2nd. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.24 by $0.07. Cardinal Health had a net margin of 0.99% and a return on equity of 26.20%. The business had revenue of $32.97 billion during the quarter, compared to the consensus estimate of $32.73 billion. They expect $1.01 earnings per share, down 18.55% or $0.23 from last year's $1.24 per share. The business's revenue for the quarter was up 5.0% on a year-over-year basis. Cardinal Health Inc's -4.23% drop today has a material impact on its technical outlook.

The firm also recently announced a quarterly dividend, which was paid on Sunday, October 15th. Investors of record on Monday, October 2nd were given a dividend of $0.4624 per share. The ex-dividend date was Friday, September 29th. This represents a $1.85 annualized dividend and a dividend yield of 2.98%. Georgia-based Homrich & Berg has invested 0.06% in Cardinal Health Inc (NYSE:CAH). Royal Bank Of Canada initiated coverage on Cardinal Health in a report on Tuesday, September 19th.



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