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Havens Advisors Upped Its Level 3 Communications (LVLT) Position; Cardinal Health (CAH) Shorts Raised By 40.41%

Havens Advisors Llc increased Level 3 Communications Inc (LVLT) stake by 347.49% reported in 2017Q2 SEC filing. Havens Advisors Llc acquired 114,927 shares as Level 3 Communications Inc (LVLT)’s stock rose 3.98%. The Havens Advisors Llc holds 148,000 shares with $8.78M value, up from 33,073 last quarter. Level 3 Communications Inc now has $19.45B valuation. It closed at $53.63 lastly. It is down 15.09% since December 7, 2016 and is uptrending. It has underperformed by 1.61% the S&P500.

Cardinal Health Incorporated (NYSE:CAH) had an increase of 40.41% in short interest. CAH’s SI was 16.15 million shares in December as released by FINRA. Its up 40.41% from 11.50 million shares previously. With 3.54M avg volume, 5 days are for Cardinal Health Incorporated (NYSE:CAH)’s short sellers to cover CAH’s short positions. The SI to Cardinal Health Incorporated’s float is 5.13%. The stock decreased 1.04% or $0.63 during the last trading session, reaching $59.72. About 2.77M shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 4.95% since December 7, 2016 and is downtrending. It has underperformed by 21.65% the S&P500.

Investors sentiment increased to 0.87 in Q2 2017. Its up 0.03, from 0.84 in 2017Q1. It is positive, as 58 investors sold Cardinal Health, Inc. shares while 247 reduced holdings. 62 funds opened positions while 202 raised stakes. 273.65 million shares or 1.23% more from 270.34 million shares in 2017Q1 were reported. Comerica Secs has 0.06% invested in Cardinal Health, Inc. (NYSE:CAH). Amalgamated Bancshares invested in 35,617 shares. Moreover, Laffer Invests has 0% invested in Cardinal Health, Inc. (NYSE:CAH). The Illinois-based Calamos Advsr Ltd Liability Com has invested 0.02% in Cardinal Health, Inc. (NYSE:CAH). Nuveen Asset Mgmt Limited Com accumulated 121,667 shares or 0.06% of the stock. Whitnell & Company reported 500 shares or 0.02% of all its holdings. Royal Bank Of Canada, Ontario – Canada-based fund reported 1.71M shares. Adage Prtnrs Group Ltd Liability invested in 0.09% or 452,900 shares. California State Teachers Retirement Systems owns 0.1% invested in Cardinal Health, Inc. (NYSE:CAH) for 605,325 shares. Natixis invested in 7,318 shares. Choate Advisors owns 5,024 shares or 0% of their US portfolio. Glob X Mngmt Ltd Liability Co has 4,421 shares for 0.01% of their portfolio. 289 were reported by Archford Cap Strategies Limited Liability Com. 2,490 were reported by Fukoku Mutual Life Insur. Paloma Prns Management has invested 0.02% in Cardinal Health, Inc. (NYSE:CAH).

Cardinal Health, Inc. operates as an integrated healthcare services and products firm worldwide. The company has market cap of $18.79 billion. The companyÂ’s Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare, and consumer products to retailers, hospitals, and other healthcare providers. It has a 17.4 P/E ratio. It offers distribution, inventory management, data reporting, new product launch support, and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; and consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers.

Among 20 analysts covering Cardinal Health (NYSE:CAH), 5 have Buy rating, 1 Sell and 14 Hold. Therefore 25% are positive. Cardinal Health had 43 analyst reports since August 10, 2015 according to SRatingsIntel. William Blair downgraded the shares of CAH in report on Wednesday, April 19 to “Market Perform” rating. Raymond James downgraded the shares of CAH in report on Wednesday, January 6 to “Market Perform” rating. The company was maintained on Wednesday, June 21 by Jefferies. The rating was maintained by Deutsche Bank on Thursday, August 4 with “Hold”. Zacks downgraded the shares of CAH in report on Monday, August 10 to “Buy” rating. The stock has “Buy” rating by Goldman Sachs on Thursday, December 17. The stock has “Underweight” rating by Morgan Stanley on Monday, November 20. On Tuesday, November 3 the stock rating was maintained by RBC Capital Markets with “Outperform”. Jefferies maintained it with “Hold” rating and $77.0 target in Tuesday, August 29 report. The firm has “Neutral” rating by Bank of America given on Tuesday, June 7.

Among 18 analysts covering Level 3 (NYSE:LVLT), 5 have Buy rating, 1 Sell and 12 Hold. Therefore 28% are positive. Level 3 had 33 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 17. The stock of Level 3 Communications, Inc. (NYSE:LVLT) has “Equal Weight” rating given on Wednesday, November 16 by Barclays Capital. Moffett Nathanson downgraded the stock to “Neutral” rating in Tuesday, November 22 report. On Wednesday, March 29 the stock rating was reinitiated by Morgan Stanley with “Equal-Weight”. The company was maintained on Friday, July 7 by RBC Capital Markets. The firm earned “Underperform” rating on Monday, May 15 by Raymond James. Moffett Nathanson upgraded the shares of LVLT in report on Wednesday, August 24 to “Buy” rating. The rating was maintained by Canaccord Genuity on Thursday, July 30 with “Buy”. The rating was maintained by Barclays Capital on Wednesday, October 4 with “Equal-Weight”. The company was downgraded on Tuesday, November 1 by Goldman Sachs.

Investors sentiment decreased to 0.99 in Q2 2017. Its down 0.10, from 1.09 in 2017Q1. It worsened, as 32 investors sold LVLT shares while 149 reduced holdings. 41 funds opened positions while 138 raised stakes. 349.71 million shares or 2.43% less from 358.41 million shares in 2017Q1 were reported. Kellner Cap Lc stated it has 143,200 shares or 4.26% of all its holdings. Morgan Stanley invested in 2.25M shares or 0.04% of the stock. Carlson Cap Lp reported 2.89% stake. Lee Danner & Bass Incorporated owns 584,184 shares or 3.89% of their US portfolio. Fiduciary Mgmt Wi has invested 2.6% in Level 3 Communications, Inc. (NYSE:LVLT). Sumitomo Mitsui Asset Limited owns 24,620 shares or 0.02% of their US portfolio. Rudman Errol M stated it has 318,417 shares. Marshall Wace Llp invested 1.13% in Level 3 Communications, Inc. (NYSE:LVLT). Aqr Cap Mngmt Ltd Liability Corp has invested 0.03% in Level 3 Communications, Inc. (NYSE:LVLT). Price T Rowe Associate Md holds 0.01% of its portfolio in Level 3 Communications, Inc. (NYSE:LVLT) for 530,682 shares. Vertex One Asset has 144,016 shares for 1.35% of their portfolio. Personal Cap Advsrs Corp holds 0.41% or 314,002 shares in its portfolio. Sun Life Financial Inc invested in 0.01% or 2,145 shares. 37,999 are owned by Nomura Asset Mngmt Ltd. Nomura Incorporated reported 0.07% stake.

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