Is Cardinal Health, Inc. (NYSE:CAH) The Right Stock For Heady Investors?

The weekly volatility was 2.97% for Cardinal Health, Inc., CAH, making it easy for the traders to interpret how riskier their investment is on this stock. Bronfman E.L. Rothschild L.P. now owns 1,583 shares of the company's stock worth $123,000 after purchasing an additional 382 shares during the period. (NYSE:CAH) by 3.5% in the third quarter, according to its most recent disclosure with the SEC. The percentage of shares being held by the company management was 10.9% while institutional stake was 1.1%. Jefferies Group also issued estimates for Cardinal Health's Q2 2018 earnings at $1.17 EPS, Q3 2018 earnings at $1.44 EPS, Q4 2018 earnings at $1.23 EPS, FY2018 earnings at $4.93 EPS and FY2019 earnings at $5.55 EPS. The Reinhart Partners Inc holds 118,868 shares with $9.26M value, down from 199,170 last quarter. Canyon Cap Advsr Ltd Liability Corporation has invested 0.88% of its portfolio in Cardinal Health Inc (NYSE:CAH). Franklin Resources Inc. lifted its holdings in Cardinal Health by 72.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 23,468 shares of the company's stock valued at $1,829,000 after acquiring an additional 68 shares during the last quarter. BlackRock Inc. lifted its holdings in Cardinal Health by 6.5% in the second quarter. Advisory Services Network LLC now owns 1,948 shares of the company's stock worth $152,000 after buying an additional 1,557 shares during the last quarter. Shelton Cap Mgmt reported 0.02% in Cardinal Health Inc (NYSE:CAH). CAH institutional ownership is held at 90.4% while insider ownership was 0.4%. Cardinal Health Inc (NYSE:CAH) has declined 4.95% since November 7, 2016 and is downtrending. Gulf National Bank (Uk) Limited invested 0.11% of its portfolio in Cardinal Health Inc (NYSE:CAH). 726,245 shares of the company's stock traded hands.

Technical Analysis: The Company has the market capitalization of $19.13B.

Its distance from 20 days simple moving average is -1.44%, and its distance from 50 days simple moving average is -0.33% while it has a distance of 4.4% from the 200 days simple moving average. Finally, Cowen and Company reaffirmed a "market perform" rating and set a $77.00 price target (down previously from $82.00) on shares of Cardinal Health in a report on Thursday, August 3rd. The expected future growth in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. The business had revenue of $32.64 billion for the quarter, compared to analysts' expectations of $33.48 billion. The operating margin is 1.60% percent and the net profit margin stand at 1.00% percent.

Measuring its EPS growth this year at -6.9%. During the same period in the previous year, the company earned $1.24 EPS. research analysts predict that Cardinal Health will post 4.97 earnings per share for the current year. BidaskClub cut shares of Cardinal Health from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, July 11th.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. The rating was upgraded by Goldman Sachs to "Buy" on Thursday, December 17. This represents a $1.85 dividend on an annualized basis and a yield of 3.03%. Cardinal Health's dividend payout ratio (DPR) is presently 53.78%.

Several other equities research analysts have also recently issued reports on CAH. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & global trademark & copyright legislation. The original version of this piece can be read at canada-pension-plan-investment-board-has-45399000-stake-in-cardinal-health-inc-cah/1222402/.

A number of brokerages have issued reports on CAH. Cardinal Health has $107 highest and $67 lowest target. Jefferies Group LLC set a $77.00 target price on shares of Cardinal Health and gave the company a "hold" rating in a report on Tuesday, August 29th. Robert W. Baird downgraded the stock to "Neutral" rating in Friday, October 28 report. Deutsche Bank maintained the stock with "Hold" rating in Wednesday, August 10 report. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock.

Analysts mean recommendation for the stock is 2.8. The shares were sold at an average price of $71.29, for a total transaction of $15,540,863.55.

Active and passive shareholders always require every bit of information available regarding his chosen security and this include keeping close watch on fundamental and technical data. Creative Planning accumulated 16,573 shares or 0.01% of the stock.

Cardinal Health, Inc is a healthcare services and products company. The Firm operates through two divisions: Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare and consumer products. Cardinal Health connects patients, providers, payers, pharmacists and manufacturers for integrated care coordination and better patient management.

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