As Cardinal Health (CAH) Stock Value Declined, Mcdonald Capital Investors Has Cut Its Holding; As Jd Com (JD) Shares Declined, Shareholder Ruane Cunniff & Goldfarb Raised Position

May 21, 2018 - By Darrin Black

JD.com, Inc. (NASDAQ:JD) Logo

Mcdonald Capital Investors Inc decreased its stake in Cardinal Health Inc (CAH) by 1.26% based on its latest 2017Q4 regulatory filing with the SEC. Mcdonald Capital Investors Inc sold 9,145 shares as the company’s stock declined 2.03% with the market. The hedge fund held 715,615 shares of the health care company at the end of 2017Q4, valued at $43.85 million, down from 724,760 at the end of the previous reported quarter. Mcdonald Capital Investors Inc who had been investing in Cardinal Health Inc for a number of months, seems to be less bullish one the $16.73 billion market cap company. The stock increased 0.98% or $0.52 during the last trading session, reaching $53.85. About 993,190 shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 25.57% since May 21, 2017 and is downtrending. It has underperformed by 37.12% the S&P500.

Ruane Cunniff & Goldfarb Inc increased its stake in Jd Com Inc (JD) by 65.61% based on its latest 2017Q4 regulatory filing with the SEC. Ruane Cunniff & Goldfarb Inc bought 2.62 million shares as the company’s stock declined 3.51% with the market. The institutional investor held 6.62M shares of the consumer services company at the end of 2017Q4, valued at $274.38 million, up from 4.00M at the end of the previous reported quarter. Ruane Cunniff & Goldfarb Inc who had been investing in Jd Com Inc for a number of months, seems to be bullish on the $51.95 billion market cap company. The stock increased 1.93% or $0.689 during the last trading session, reaching $36.399. About 3.79 million shares traded. JD.com, Inc. (NASDAQ:JD) has risen 29.73% since May 21, 2017 and is uptrending. It has outperformed by 18.18% the S&P500.

Since January 22, 2018, it had 0 insider purchases, and 3 insider sales for $3.82 million activity. On Thursday, February 15 Giacomin Jon L sold $549,924 worth of Cardinal Health, Inc. (NYSE:CAH) or 7,995 shares. Another trade for 28,532 shares valued at $1.89M was made by MORRISON PATRICIA on Wednesday, February 14.

Analysts await Cardinal Health, Inc. (NYSE:CAH) to report earnings on August, 1. They expect $1.03 EPS, down 21.37% or $0.28 from last year’s $1.31 per share. CAH’s profit will be $320.00M for 13.07 P/E if the $1.03 EPS becomes a reality. After $1.39 actual EPS reported by Cardinal Health, Inc. for the previous quarter, Wall Street now forecasts -25.90% negative EPS growth.

Among 20 analysts covering Cardinal Health (NYSE:CAH), 5 have Buy rating, 2 Sell and 13 Hold. Therefore 25% are positive. Cardinal Health had 54 analyst reports since August 10, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $77.0 target in Tuesday, October 3 report. The stock has “Hold” rating by RBC Capital Markets on Thursday, February 8. Leerink Swann downgraded the stock to “Mkt Perform” rating in Wednesday, December 21 report. As per Friday, April 28, the company rating was initiated by Tigress Financial. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, April 24. UBS maintained it with “Buy” rating and $100 target in Tuesday, November 3 report. RBC Capital Markets maintained Cardinal Health, Inc. (NYSE:CAH) rating on Tuesday, November 3. RBC Capital Markets has “Outperform” rating and $95 target. The rating was downgraded by Mizuho on Tuesday, January 3 to “Neutral”. Bank of America maintained the stock with “Neutral” rating in Tuesday, June 7 report. The rating was maintained by Needham with “Hold” on Friday, September 8.

Investors sentiment decreased to 0.75 in Q4 2017. Its down 0.15, from 0.9 in 2017Q3. It dropped, as 82 investors sold CAH shares while 236 reduced holdings. 65 funds opened positions while 173 raised stakes. 276.20 million shares or 0.42% more from 275.05 million shares in 2017Q3 were reported. Tcw Grp holds 0.76% or 1.54M shares in its portfolio. 20,198 are owned by Engineers Gate Manager Lp. Tompkins holds 7,101 shares or 0.1% of its portfolio. Fosun Intl holds 0.04% of its portfolio in Cardinal Health, Inc. (NYSE:CAH) for 6,900 shares. Moreover, Continental Advisors Ltd Co has 1.7% invested in Cardinal Health, Inc. (NYSE:CAH) for 128,100 shares. Tower Capital Lc (Trc) owns 0.02% invested in Cardinal Health, Inc. (NYSE:CAH) for 2,477 shares. New York-based Harber Asset Mgmt Ltd has invested 1.52% in Cardinal Health, Inc. (NYSE:CAH). Parametric Port Associate Ltd Com reported 0.05% in Cardinal Health, Inc. (NYSE:CAH). Jefferies Group Ltd Liability reported 75,048 shares. Arcadia Inv Mngmt Corporation Mi accumulated 220 shares or 0% of the stock. Point72 Asset Mgmt Ltd Partnership reported 316,500 shares. The Switzerland-based Swiss Commercial Bank has invested 0.08% in Cardinal Health, Inc. (NYSE:CAH). Spark Investment Management Ltd Llc stated it has 147,800 shares. Invesco Limited holds 0.12% or 5.58 million shares. Utah Retirement holds 58,793 shares or 0.08% of its portfolio.

More important recent Cardinal Health, Inc. (NYSE:CAH) news were published by: Finance.Yahoo.com which released: “5 Notable Dividend Increases From the Past Week — Including Phillips 66” on May 15, 2018, also Seekingalpha.com published article titled: “Trading Mistake 4: High ‘Probability’ Trades”, Seekingalpha.com published: “Cardinal Health Has Become Attractive” on May 07, 2018. More interesting news about Cardinal Health, Inc. (NYSE:CAH) was released by: Seekingalpha.com and their article: “Cardinal Health (CAH) Q3 2018 Results – Earnings Call Transcript” with publication date: May 03, 2018.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Seekingalpha.com which released: “Regarding JD.com’s Accounts Payable And Stock-Based Compensation” on May 02, 2018, also Seekingalpha.com with their article: “JD: The Best Or Nothing” published on May 07, 2018, Nasdaq.com published: “Recent Weakness In JD.Com Inc Stock Looks Like An Opportunity” on May 09, 2018. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Nasdaq.com and their article: “NetEase Chases Alibaba and JD.com With a “Knockoff Marketplace”” published on April 28, 2018 as well as Seekingalpha.com‘s news article titled: “JD.com: Little Downside, Big Upside” with publication date: April 27, 2018.

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

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