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Cardinal Health (CAH) Stock Price Rose While Baupost Group Has Trimmed Its Holding by $19.16 Million; Lombard Odier Asset Management Usa Has Lowered Its Position in Aetna New (AET) by $6.55 Million as Market Valuation Were Volatile

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Baupost Group Llc decreased its stake in Cardinal Health Inc (CAH) by 7.09% based on its latest 2018Q3 regulatory filing with the SEC. Baupost Group Llc sold 361,515 shares as the company’s stock rose 0.32% while stock markets declined. The hedge fund held 4.74 million shares of the health care company at the end of 2018Q3, valued at $255.88M, down from 5.10 million at the end of the previous reported quarter. Baupost Group Llc who had been investing in Cardinal Health Inc for a number of months, seems to be less bullish one the $14.15B market cap company. The stock decreased 0.21% or $0.1 during the last trading session, reaching $47.49. About 906,209 shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 9.32% since January 14, 2018 and is downtrending. It has underperformed by 9.32% the S&P500. Some Historical CAH News: 03/05/2018 – CARDINAL HEALTH INC – THIRD-QUARTER REVENUE FOR PHARMACEUTICAL SEGMENT INCREASED 5 PERCENT TO $29.7 BLN; 16/04/2018 – Cardinal Health CDS Tightens 8 Bps, Most in 3 Years; 31/05/2018 – Oncologists See Opportunities, Challenges with Emergence of Precision Medicine; 03/05/2018 – Cardinal Health Cuts FY18 View To Adj EPS $4.85-Adj EPS $4.95; 27/03/2018 – PRESS RELEASE – SMT AND CARDINAL HEALTH ENTER INTO A STRATEGIC PARTNERSHIP FOR THE INDIAN MARKET; 03/05/2018 – CARDINAL HEALTH INC – UPDATES FISCAL YEAR 2018 OUTLOOK; 11/05/2018 – Cerus Endovascular Promotes Stephen Griffin, PhD, to President; 03/04/2018 – Cardinal Health to Webcast Discussion of Third-Quarter Results for Fiscal Year 2018 on May 3; 03/05/2018 – Drug distributor Cardinal Health’s quarterly profit falls 33 pct; 07/03/2018 – U.S. HEALTH CARE SERVICES: BARCLAYS SAYS NEUTRAL ON DRUG DISTRIBUTION SUBSECTOR

Lombard Odier Asset Management Usa Corp decreased its stake in Aetna Inc New (AET) by 36.05% based on its latest 2018Q3 regulatory filing with the SEC. Lombard Odier Asset Management Usa Corp sold 32,449 shares as the company’s stock 0.00% . The institutional investor held 57,551 shares of the medical specialities company at the end of 2018Q3, valued at $11.67 million, down from 90,000 at the end of the previous reported quarter. Lombard Odier Asset Management Usa Corp who had been investing in Aetna Inc New for a number of months, seems to be less bullish one the $ market cap company. The stock 0.33% or $0 during the last trading session, reaching $0. It is up 0.00% since January 14, 2018 and is . It has by 0.00% the S&P500. Some Historical AET News: 15/03/2018 – AETNA DROPS AS MONSANTO/BAYER SAID TO FACE ANTITRUST HURDLES; 26/03/2018 – In collaboration with the Aetna Foundation, U.S. News & World Report unveils its first-ever ranking of healthiest communities in the U.S; 17/05/2018 – Aetna Favored by 26 Hedge Funds, 13Fs Show; 13/03/2018 – CVS HEALTH HOLDERS APPROVE AETNA PURCHASE; 27/03/2018 – Aetna: Greater Transparency Needed Throughout Pharmaceutical Supply Chain; 15/05/2018 – PAULSON BOOSTED DISCK, VIAB, COL, AET, TWX IN 1Q: 13F; 20/03/2018 – Fitch Maintains Aetna on Rating Watch Negative; 09/03/2018 – Egan-Jones Recommends Aetna Shareholders Vote in Favor of Sale to CVS; 12/03/2018 – Surgery Partners: Cowhey Joins Surgery Partners From Aetna; 01/05/2018 – AETNA 1Q OPER EPS $3.19, EST. $2.97

Analysts await Cardinal Health, Inc. (NYSE:CAH) to report earnings on February, 14. They expect $1.09 earnings per share, down 16.79% or $0.22 from last year’s $1.31 per share. CAH’s profit will be $324.75 million for 10.89 P/E if the $1.09 EPS becomes a reality. After $1.29 actual earnings per share reported by Cardinal Health, Inc. for the previous quarter, Wall Street now forecasts -15.50% negative EPS growth.

More important recent Cardinal Health, Inc. (NYSE:CAH) news were published by: Seekingalpha.com which released: “Cardinal Health: An Undervalued Dividend Growth Stock – Seeking Alpha” on December 21, 2018, also Seekingalpha.com published article titled: “Cardinal Health goes ex-dividend on Monday – Seeking Alpha”, Benzinga.com published: “Cardinal Health, Inc. (NYSE:CAH), (DVMT) – Seth Klarman’s Stock Portfolio Is Up 20%, Here Are His Latest Moves – Benzinga” on February 14, 2018. More interesting news about Cardinal Health, Inc. (NYSE:CAH) was released by: Globenewswire.com and their article: “Recent Analysis Shows The Goodyear Tire & Rubber, Health Insurance Innovations, Stratasys, The Mosaic, Cardinal Health, and Plug Power Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” with publication date: December 18, 2018.

Investors sentiment increased to 0.99 in Q3 2018. Its up 0.03, from 0.96 in 2018Q2. It is positive, as 51 investors sold CAH shares while 195 reduced holdings. 68 funds opened positions while 176 raised stakes. 258.08 million shares or 2.70% less from 265.24 million shares in 2018Q2 were reported. 546,820 are owned by Schroder Investment Mngmt Grp Incorporated. Livforsakringsbolaget Skandia Omsesidigt accumulated 42,899 shares. Oak Assoc Oh owns 69,150 shares. Ledyard Bancorporation reported 0% of its portfolio in Cardinal Health, Inc. (NYSE:CAH). Willingdon Wealth, North Carolina-based fund reported 52 shares. Sector Gamma As stated it has 1.14% of its portfolio in Cardinal Health, Inc. (NYSE:CAH). Massachusetts Ma holds 0% or 44,740 shares in its portfolio. Neville Rodie Shaw invested in 0.03% or 5,632 shares. Moreover, Bnp Paribas Asset Mgmt Hldg has 0.01% invested in Cardinal Health, Inc. (NYSE:CAH). Loring Wolcott Coolidge Fiduciary Advisors Llp Ma accumulated 0% or 530 shares. Country Commercial Bank reported 0% in Cardinal Health, Inc. (NYSE:CAH). Advsrs Mngmt Limited Com accumulated 52,861 shares. Secor Cap Advsrs Lp reported 0.04% in Cardinal Health, Inc. (NYSE:CAH). Aviva Public Ltd Co holds 0.04% in Cardinal Health, Inc. (NYSE:CAH) or 150,763 shares. Wilbanks Smith Thomas Asset Management Lc, Virginia-based fund reported 193 shares.

Among 20 analysts covering Cardinal Health (NYSE:CAH), 4 have Buy rating, 2 Sell and 14 Hold. Therefore 20% are positive. Cardinal Health had 59 analyst reports since August 10, 2015 according to SRatingsIntel. Goldman Sachs downgraded it to “Neutral” rating and $83 target in Friday, September 16 report. Jefferies maintained Cardinal Health, Inc. (NYSE:CAH) on Wednesday, June 21 with “Hold” rating. The stock has “Neutral” rating by Bank of America on Tuesday, June 7. The stock of Cardinal Health, Inc. (NYSE:CAH) has “Outperform” rating given on Thursday, February 11 by RBC Capital Markets. The stock of Cardinal Health, Inc. (NYSE:CAH) earned “Hold” rating by Mizuho on Tuesday, October 24. Goldman Sachs upgraded Cardinal Health, Inc. (NYSE:CAH) on Monday, March 7 to “Conviction Buy” rating. As per Monday, April 16, the company rating was maintained by Barclays Capital. The firm has “Hold” rating by Jefferies given on Tuesday, November 7. The rating was upgraded by Leerink Swann on Tuesday, April 24 to “Outperform”. Mizuho downgraded the shares of CAH in report on Tuesday, January 3 to “Neutral” rating.

Since August 20, 2018, it had 0 insider buys, and 2 selling transactions for $194,798 activity. On Monday, August 20 the insider Giacomin Jon L sold $150,136.

Baupost Group Llc, which manages about $29.88 billion and $13.06B US Long portfolio, upped its stake in Twenty First Centy Fox Inc (NASDAQ:FOXA) by 12.59M shares to 52.00M shares, valued at $2.41 billion in 2018Q3, according to the filing. It also increased its holding in Translate Bio Inc by 4.57M shares in the quarter, for a total of 6.49M shares, and has risen its stake in Sinclair Broadcast Group Inc (NASDAQ:SBGI).

Lombard Odier Asset Management Usa Corp, which manages about $3.79B and $1.36B US Long portfolio, upped its stake in Arconic Inc (Call) by 120,000 shares to 280,000 shares, valued at $6.16 million in 2018Q3, according to the filing. It also increased its holding in Pinnacle Foods Inc Del (NYSE:PF) by 58,000 shares in the quarter, for a total of 108,000 shares, and has risen its stake in Mcdermott Intl Inc.

Investors sentiment decreased to 0.89 in Q3 2018. Its down 0.05, from 0.94 in 2018Q2. It worsened, as 46 investors sold AET shares while 300 reduced holdings. 86 funds opened positions while 223 raised stakes. 257.82 million shares or 2.48% less from 264.38 million shares in 2018Q2 were reported. Svcs Automobile Association holds 0.12% or 239,295 shares. Balasa Dinverno And Foltz Llc reported 3,502 shares. Louisiana State Employees Retirement has 19,100 shares. The New Hampshire-based Charter Tru Company has invested 0.03% in Aetna Inc. (NYSE:AET). Liberty Mutual Gp Asset Mngmt Inc holds 13,075 shares or 0.06% of its portfolio. Ifrah Financial Services reported 1,042 shares. Leuthold Group Incorporated Lc has invested 1.15% in Aetna Inc. (NYSE:AET). Citadel Advisors Limited invested 0.05% in Aetna Inc. (NYSE:AET). James Inv Research Inc accumulated 63,155 shares or 0.53% of the stock. Westpac Bk has 0% invested in Aetna Inc. (NYSE:AET). California-based West Oak Capital Llc has invested 0% in Aetna Inc. (NYSE:AET). Afam Capital holds 2.12% or 75,142 shares. Wolverine Asset Mgmt Ltd Liability Com reported 49,314 shares. Origin Asset Management Llp holds 1.3% of its portfolio in Aetna Inc. (NYSE:AET) for 98,633 shares. Cleararc has 8,441 shares.

Among 24 analysts covering Aetna (NYSE:AET), 10 have Buy rating, 0 Sell and 14 Hold. Therefore 42% are positive. Aetna had 81 analyst reports since July 30, 2015 according to SRatingsIntel. Jefferies maintained Aetna Inc. (NYSE:AET) rating on Tuesday, February 2. Jefferies has “Hold” rating and $118 target. Credit Suisse upgraded the stock to “Outperform” rating in Friday, November 11 report. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, June 7. RBC Capital Markets maintained it with “Buy” rating and $205.0 target in Monday, December 4 report. The firm has “Outperform” rating given on Friday, April 29 by RBC Capital Markets. Citigroup maintained it with “Buy” rating and $197 target in Thursday, November 2 report. The firm has “Buy” rating by Cowen & Co given on Tuesday, January 30. The stock of Aetna Inc. (NYSE:AET) has “Buy” rating given on Monday, December 18 by Wells Fargo. Jefferies downgraded the shares of AET in report on Friday, January 8 to “Hold” rating. The stock of Aetna Inc. (NYSE:AET) earned “Overweight” rating by PiperJaffray on Wednesday, January 3.

Cardinal Health, Inc. (NYSE:CAH) Institutional Positions Chart

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