Market News

Cardinal Health (CAH) Shareholder Paradigm Asset Management Co Has Lowered Holding by $1.95 Billion as Market Value Declined; As Sempra Energy (SRE) Share Value Rose, Holder Energy Income Partners Lowered Position

Cardinal Health, Inc. (NYSE:CAH) Logo

Paradigm Asset Management Co Llc decreased its stake in Cardinal Health Inc (CAH) by 81.16% based on its latest 2017Q4 regulatory filing with the SEC. Paradigm Asset Management Co Llc sold 31,750 shares as the company’s stock declined 2.03% with the market. The institutional investor held 7,370 shares of the health care company at the end of 2017Q4, valued at $451.56 million, down from 39,120 at the end of the previous reported quarter. Paradigm Asset Management Co Llc who had been investing in Cardinal Health Inc for a number of months, seems to be less bullish one the $19.66B market cap company. The stock increased 0.67% or $0.415 during the last trading session, reaching $62.485. About 101,004 shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 25.57% since April 23, 2017 and is downtrending. It has underperformed by 37.12% the S&P500.

Energy Income Partners Llc decreased its stake in Sempra Energy (SRE) by 22.22% based on its latest 2017Q4 regulatory filing with the SEC. Energy Income Partners Llc sold 164,138 shares as the company’s stock rose 2.65% while stock markets declined. The hedge fund held 574,466 shares of the natural gas distribution company at the end of 2017Q4, valued at $61.42 million, down from 738,604 at the end of the previous reported quarter. Energy Income Partners Llc who had been investing in Sempra Energy for a number of months, seems to be less bullish one the $28.85B market cap company. The stock decreased 0.46% or $0.5 during the last trading session, reaching $109.31. About 55,360 shares traded. Sempra Energy (NYSE:SRE) has declined 0.38% since April 23, 2017 and is downtrending. It has underperformed by 11.93% the S&P500.

Since April 5, 2018, it had 0 insider purchases, and 2 selling transactions for $5.94 million activity. The insider REED DEBRA L sold 49,909 shares worth $5.51M.

Energy Income Partners Llc, which manages about $4.12B and $5.83 billion US Long portfolio, upped its stake in Southern Co (NYSE:SO) by 55,716 shares to 1.29M shares, valued at $62.22 million in 2017Q4, according to the filing. It also increased its holding in Corenergy Infrastructure Tr by 59,756 shares in the quarter, for a total of 441,987 shares, and has risen its stake in Enterprise Prods Partners L (NYSE:EPD).

Among 9 analysts covering Sempra Energy (NYSE:SRE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Sempra Energy had 21 analyst reports since September 15, 2015 according to SRatingsIntel. Morgan Stanley maintained Sempra Energy (NYSE:SRE) rating on Thursday, August 10. Morgan Stanley has “Overweight” rating and $134 target. BMO Capital Markets maintained the shares of SRE in report on Thursday, May 11 with “Hold” rating. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) rating on Monday, January 25. RBC Capital Markets has “Outperform” rating and $116 target. As per Wednesday, January 3, the company rating was maintained by Wells Fargo. The stock of Sempra Energy (NYSE:SRE) has “Outperform” rating given on Tuesday, October 10 by Wells Fargo. The stock has “Buy” rating by Goldman Sachs on Wednesday, October 11. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, October 1 report. The firm earned “Buy” rating on Sunday, July 23 by RBC Capital Markets. The rating was downgraded by Bank of America on Friday, December 22 to “Hold”.

Investors sentiment increased to 1.27 in Q4 2017. Its up 0.08, from 1.19 in 2017Q3. It is positive, as 34 investors sold SRE shares while 165 reduced holdings. 67 funds opened positions while 185 raised stakes. 192.21 million shares or 2.89% less from 197.93 million shares in 2017Q3 were reported. 16,401 were reported by Paloma Prns Mngmt. Lord Abbett & Lc holds 840,033 shares or 0.26% of its portfolio. Td Asset Mngmt has invested 0.03% in Sempra Energy (NYSE:SRE). The Florida-based Raymond James Na has invested 0.08% in Sempra Energy (NYSE:SRE). Private Ocean Limited Liability Com invested in 0% or 18 shares. 2.65M were reported by Bank Of America Corporation De. Louisiana State Employees Retirement Systems reported 15,200 shares stake. Whittier Trust Of Nevada Inc owns 8,517 shares. Ontario Teachers Pension Plan Board accumulated 60,790 shares. Salem Inv Counselors Incorporated holds 0.06% or 4,905 shares. Barclays Public Limited Company accumulated 0.07% or 764,740 shares. Asset Mngmt One Limited accumulated 0.1% or 413,523 shares. Security National Trust accumulated 0% or 50 shares. First Interstate Bancorporation owns 235 shares or 0.01% of their US portfolio. Plancorp Ltd Company stated it has 0.07% of its portfolio in Sempra Energy (NYSE:SRE).

Paradigm Asset Management Co Llc, which manages about $365.35 billion US Long portfolio, upped its stake in United Overseas Bank (UOVEY) by 5,000 shares to 41,200 shares, valued at $1.63B in 2017Q4, according to the filing. It also increased its holding in Ingredion Inc (NYSE:INGR) by 20,300 shares in the quarter, for a total of 20,500 shares, and has risen its stake in Ttm Technologies Inc (NASDAQ:TTMI).

Analysts await Cardinal Health, Inc. (NYSE:CAH) to report earnings on May, 3 before the open. They expect $1.51 earnings per share, down 1.31% or $0.02 from last year’s $1.53 per share. CAH’s profit will be $475.20 million for 10.35 P/E if the $1.51 EPS becomes a reality. After $1.31 actual earnings per share reported by Cardinal Health, Inc. for the previous quarter, Wall Street now forecasts 15.27% EPS growth.

Since January 22, 2018, it had 0 insider purchases, and 3 sales for $3.82 million activity. 18,586 shares were sold by Kaufmann Michael C, worth $1.37M. $1.89 million worth of Cardinal Health, Inc. (NYSE:CAH) shares were sold by MORRISON PATRICIA.

Investors sentiment decreased to 0.75 in 2017 Q4. Its down 0.15, from 0.9 in 2017Q3. It fall, 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. 22,510 are owned by Commerce State Bank. Assetmark has 172,048 shares. Hl Services Lc accumulated 10,166 shares. Hennessy Advsrs invested in 0.05% or 26,000 shares. Inv Limited holds 9,781 shares. Tcw holds 0.76% of its portfolio in Cardinal Health, Inc. (NYSE:CAH) for 1.54M shares. Reliance Trust Of Delaware invested in 6,442 shares. Profund Advisors Limited Liability reported 10,465 shares stake. Aperio Lc has 0.03% invested in Cardinal Health, Inc. (NYSE:CAH). Salem Investment Counselors Incorporated invested in 200 shares. Jefferies Gru Limited Liability Company has 0.02% invested in Cardinal Health, Inc. (NYSE:CAH). Riggs Asset Managment stated it has 510 shares or 0.01% of all its holdings. First Midwest Comml Bank Division owns 0.04% invested in Cardinal Health, Inc. (NYSE:CAH) for 4,692 shares. Deprince Race Zollo holds 381,110 shares. Sumitomo Mitsui Tru holds 0.07% in Cardinal Health, Inc. (NYSE:CAH) or 916,136 shares.

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

Leave a Reply

Your email address will not be published. Required fields are marked *