EPS for Cardinal Health, Inc. (CAH) Expected At $1.14

Marco Green
January 13, 2018

The Whittier Trust Co Of Nevada Inc holds 910 shares with $61,000 value, down from 12,815 last quarter. Moreover, Covenant Multifamily Offices Llc has 2.87% invested in the company for 64,222 shares. Connecticut-based Hartford Investment Mngmt Company has invested 0.1% in Cardinal Health, Inc. The stock increased 1.43% or $0.96 during the last trading session, reaching $68.06. About 1.32 million shares traded.

Cardinal Health, Inc. (NYSE:CAH) has accumulated 5.39% over the course of one week. It has underperformed by 15.67% the S&P500.

Allen Investment Management Llc increased its stake in Cardinal Health Inc (CAH) by 77.48% based on its latest 2017Q3 regulatory filing with the SEC. Doheny Asset Management sold 40,500 shares as the company's stock declined 5.03% while stock markets rallied. Ameriprise Financial Inc. now owns 4,930,457 shares of the company's stock valued at $329,964,000 after purchasing an additional 1,373,334 shares during the period. The stock appeared $389.61 above its 52-week highs and is up 5.53% for the last five trades. About 1.01 million shares traded. (NYSE:SNR) has declined 7.36% since January 11, 2017 and is downtrending.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.03, from 0.87 in 2017Q2. 57 funds opened positions while 58 raised stakes. British Columbia Inv Corporation reported 163,405 shares. Afam owns 21,487 shares. (NYSE:GNRC). Prelude Cap Management Lc has 0% invested in Generac Holdings Inc. Forte Capital Ltd Company Adv has 6,065 shares for 0.13% of their portfolio. Stifel Fincl accumulated 0.03% or 132,698 shares. Walleye Trading Ltd Liability Co holds 0.01% or 21,331 shares. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Cardinal Health by 31.8% during the 2nd quarter. Ny State Teachers Retirement Sys holds 0.03% or 287,894 shares in its portfolio. Coastline Trust Co lifted its holdings in Cardinal Health by 62.9% during the 2nd quarter. Keystone Financial Planning Inc who had been investing in United Parcel Svc for a number of months, seems to be bullish on the $111.52B market cap company. Carlson Limited Partnership invested in 457,541 shares. Mairs And Pwr Inc invested in 3,434 shares. The return on assets stands at 2.9%, Return on Equity now is 16.5% and the Return on Investment value is 8.7%.

Endurant Capital Management Lp increased Entellus Med Inc stake by 130,171 shares to 208,771 valued at $3.85 million in 2017Q3.

Among 21 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 65% are positive. The company was downgraded on Monday, December 21 by CapitalOne. The stock has "Conviction Buy" rating by Goldman Sachs on Monday, March 7. The firm earned "Market Perform" rating on Wednesday, April 19 by William Blair. The rating was upgraded by Barclays Capital to "Overweight" on Wednesday, September 9. The Stock now has a Weekly Volatility of 3.31% and Monthly Volatility of 2.29%. (NYSE:VER) on Thursday, September 17 with "Neutral" rating. Mizuho has "Neutral" rating and $79 target.

Since August 1, 2017, it had 0 insider buys, and 3 sales for $361,184 activity. Therefore 20% are positive. WH Smith had 142 analyst reports since August 3, 2015 according to SRatingsIntel. (NYSE:CAH) rating on Tuesday, October 10. The company's P/E (price to earnings) ratio is 19.83 and Forward P/E ratio of 12.19. RBC Capital Markets maintained it with "Outperform" rating and $95 target in Tuesday, November 3 report. Cardinal Health Inc now has $22.49B valuation. The company was maintained on Thursday, July 13 by Credit Suisse. The firm has "Buy" rating given on Thursday, December 17 by Goldman Sachs. Royal Bank of Canada assumed coverage on shares of Cardinal Health in a research report on Tuesday, September 19th. On Friday, October 28 the stock rating was downgraded by Robert W. Baird to "Neutral". Mason Street Advsr Limited Liability Company has invested 0.07% in Cardinal Health, Inc. Cardinal Health's dividend payout ratio (DPR) is now 53.94%. The firm has "Buy" rating by Jefferies given on Thursday, July 14. The firm has "Outperform" rating given on Tuesday, November 3 by RBC Capital Markets. Bangor Commercial Bank has invested 0.06% of its portfolio in Cardinal Health, Inc. Cardinal Health, Inc., CAH has a debt/equity of 1.5, and the LTdebt/equity (Long Term Debt/Equity) of 1.36. They expect $1.14 EPS, down 14.93% or $0.20 from last year's $1.34 per share. CAH's profit will be $358.65 million for 15.68 P/E if the $1.14 EPS becomes a reality. Cardinal Health, Inc. shares are now trading up about 1.2% on the day.

Investors sentiment increased to 0.9 in 2017 Q3. Its down 0.04, from 1.34 in 2017Q2. Any way you dice it, a dip below $63.74 a share would be very bad news for CAH's technical picture in the near-term.

Hedge funds have recently made changes to their positions in the stock. The active investment managers in our partner's database now hold: 275.05 million shares, up from 273.65 million shares in 2017Q2. Meiji Yasuda Asset Management stated it has 4,102 shares or 0.04% of all its holdings. Retail Bank Of Montreal Can owns 568,688 shares.

Several other institutional investors have also bought shares of the company. California-based Franklin Inc has invested 0.22% in Cardinal Health, Inc. (NYSE:CAH) for 98,891 shares. (NYSE:CAH). Stratos Wealth Prns Ltd holds 0.04% of its portfolio in Cardinal Health, Inc. (NYSE:CAH). Metropolitan Life Ins Communication owns 150,256 shares for 0.06% of their portfolio. The firm owned $41.34 million shares of the company's stock after selling 2.53 million shares during the period. Amp Cap Limited invested in 116,084 shares or 0.04% of the stock. Finally, Charlemagne Capital Ltd. raised its stake in Cardinal Health by 0.4% in the second quarter. Wells Fargo Mn accumulated 222,348 shares.

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