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Commonwealth Fairness Services and products LLC boosted its place in stocks of Cardinal Well being, Inc. (NYSE:CAH – Loose File) by way of 9.3% right through the third quarter, in step with the corporate in its most up-to-date submitting with the SEC. The institutional investor owned 84,096 stocks of the corporate’s inventory after buying an extra 7,174 stocks right through the length. Commonwealth Fairness Services and products LLC’s holdings in Cardinal Well being had been price $7,301,000 on the finish of the latest reporting length.
A number of different institutional buyers and hedge budget have additionally changed their holdings of the inventory. Gradient Investments LLC lifted its place in Cardinal Well being by way of 106.7% right through the second quarter. Gradient Investments LLC now owns 277 stocks of the corporate’s inventory price $26,000 after obtaining an extra 143 stocks right through the closing quarter. Covestor Ltd raised its place in stocks of Cardinal Well being by way of 59.8% right through the second one quarter. Covestor Ltd now owns 294 stocks of the corporate’s inventory valued at $28,000 after purchasing an extra 110 stocks right through the closing quarter. Stonebridge Capital Advisors LLC received a brand new place in stocks of Cardinal Well being right through the second one quarter valued at about $29,000. International Agree with Asset Control LLC received a brand new place in stocks of Cardinal Well being right through the second one quarter valued at about $31,000. In the end, Retirement Crew LLC raised its place in stocks of Cardinal Well being by way of 1,539.3% right through the fourth quarter. Retirement Crew LLC now owns 459 stocks of the corporate’s inventory valued at $35,000 after purchasing an extra 431 stocks right through the closing quarter. 86.01% of the inventory is these days owned by way of hedge budget and different institutional buyers.
Cardinal Well being Inventory Down 0.5 %
Stocks of Cardinal Well being inventory opened at $105.16 on Tuesday. Cardinal Well being, Inc. has a twelve month low of $68.53 and a twelve month top of $108.85. The corporate has a 50-day easy transferring moderate of $103.26 and a two-hundred day easy transferring moderate of $95.20. The inventory has a marketplace capitalization of $25.92 billion, a price-to-earnings ratio of 172.39, a price-to-earnings-growth ratio of one.00 and a beta of 0.71.
Cardinal Well being (NYSE:CAH – Get Loose File) closing issued its revenue effects on Friday, November third. The corporate reported $1.73 EPS for the quarter, beating the consensus estimate of $1.40 by way of $0.33. The corporate had income of $54.76 billion right through the quarter, in comparison to analysts’ expectancies of $54.85 billion. Cardinal Well being had a internet margin of 0.07% and a detrimental go back on fairness of 60.27%. The trade’s income for the quarter was once up 10.4% in comparison to the similar quarter closing 12 months. Right through the similar length within the earlier 12 months, the corporate earned $1.20 EPS. On moderate, sell-side analysts await that Cardinal Well being, Inc. will put up 6.89 revenue in step with percentage for the present fiscal 12 months.
Cardinal Well being Dividend Announcement
The trade additionally not too long ago declared a quarterly dividend, which shall be paid on Monday, January fifteenth. Traders of document on Tuesday, January second shall be issued a dividend of $0.5006 in step with percentage. This represents a $2.00 annualized dividend and a dividend yield of one.90%. The ex-dividend date is Friday, December twenty ninth. Cardinal Well being’s dividend payout ratio (DPR) is right now 327.87%.
Insider Job at Cardinal Well being
In different Cardinal Well being information, CEO Deborah Weitzman offered 36,642 stocks of the trade’s inventory in a transaction that took place on Monday, November twenty seventh. The stocks had been offered at a median charge of $106.31, for a complete transaction of $3,895,411.02. Following the sale, the manager govt officer now immediately owns 35,202 stocks of the corporate’s inventory, valued at roughly $3,742,324.62. The transaction was once disclosed in a prison submitting with the Securities & Trade Fee, which is to be had at this link. 0.15% of the inventory is these days owned by way of insiders.
Analysts Set New Value Goals
A variety of analysis corporations not too long ago weighed in on CAH. JPMorgan Chase & Co. upped their goal charge on stocks of Cardinal Well being from $101.00 to $112.00 and gave the corporate a “impartial” score in a analysis word on Friday, November seventeenth. Evercore ISI reduced their goal charge on stocks of Cardinal Well being from $100.00 to $95.00 in a analysis word on Wednesday, October eleventh. Wells Fargo & Corporate started protection on stocks of Cardinal Well being in a analysis word on Thursday, December 14th. They issued an “underweight” score and a $96.00 goal charge at the inventory. TheStreet minimize stocks of Cardinal Well being from a “b-” score to a “c+” score in a analysis word on Wednesday, December twenty seventh. In the end, Barclays started protection on stocks of Cardinal Well being in a analysis word on Wednesday, January third. They issued an “obese” score and a $117.00 goal charge at the inventory. One analysis analyst has rated the inventory with a promote score, six have given a dangle score, 4 have given a purchase score and one has assigned a powerful purchase score to the corporate. In step with knowledge from MarketBeat, the inventory right now has a median score of “Grasp” and a median goal charge of $99.23.
Learn Our Newest Analysis File on Cardinal Well being
Cardinal Well being Profile
Cardinal Well being, Inc operates as a healthcare products and services and merchandise corporate in america, Canada, Europe, Asia, and the world over. It supplies custom designed answers for hospitals, healthcare methods, pharmacies, ambulatory surgical treatment facilities, medical laboratories, doctor workplaces, and sufferers in the house.
Additional Studying
Need to see what different hedge budget are maintaining CAH? Consult with HoldingsChannel.com to get the most recent 13F filings and insider trades for Cardinal Well being, Inc. (NYSE:CAH – Loose File).
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