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Cardinal Health (CAH) Stock Price Declined While Farmers & Merchants Investments Has Trimmed Holding; At & T (T) Holder Security National Bank Of So Dak Has Lifted Position

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Farmers & Merchants Investments Inc decreased its stake in Cardinal Health Inc (CAH) by 64.09% based on its latest 2017Q4 regulatory filing with the SEC. Farmers & Merchants Investments Inc sold 32,454 shares as the company’s stock declined 2.03% with the market. The institutional investor held 18,184 shares of the health care company at the end of 2017Q4, valued at $1.11 million, down from 50,638 at the end of the previous reported quarter. Farmers & Merchants Investments Inc who had been investing in Cardinal Health Inc for a number of months, seems to be less bullish one the $16.39 billion market cap company. The stock decreased 0.15% or $0.08 during the last trading session, reaching $52.75. About 1.25M shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 25.57% since May 23, 2017 and is downtrending. It has underperformed by 37.12% the S&P500.

Security National Bank Of So Dak increased its stake in At & T Inc (T) by 17.78% based on its latest 2017Q4 regulatory filing with the SEC. Security National Bank Of So Dak bought 8,192 shares as the company’s stock declined 10.37% with the market. The institutional investor held 54,263 shares of the telecommunications equipment company at the end of 2017Q4, valued at $2.11M, up from 46,071 at the end of the previous reported quarter. Security National Bank Of So Dak who had been investing in At & T Inc for a number of months, seems to be bullish on the $197.84 billion market cap company. The stock decreased 0.66% or $0.214 during the last trading session, reaching $32.216. About 17.82M shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since May 23, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

More notable recent AT&T Inc. (NYSE:T) news were published by: Gurufocus.com which released: “How T-Mobile and Sprint Are Wooing Regulators to Win Merger Approval” on May 23, 2018, also Seekingalpha.com with their article: “AT&T opposes divestitures in TWX deal” published on May 04, 2018, Bizjournals.com published: “AT&T’s headquarters will feature a massive screen, other amenities” on May 21, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “AT&T: Well, What Now?” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “AT&T: The Sky Isn’t Falling” with publication date: May 02, 2018.

Among 33 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 1 Sell and 19 Hold. Therefore 39% are positive. AT&T Inc. had 83 analyst reports since July 27, 2015 according to SRatingsIntel. Robert W. Baird maintained AT&T Inc. (NYSE:T) on Wednesday, October 25 with “Outperform” rating. The stock of AT&T Inc. (NYSE:T) earned “Buy” rating by DA Davidson on Monday, March 7. The rating was maintained by Wells Fargo with “Outperform” on Wednesday, April 12. The firm has “Outperform” rating by Wells Fargo given on Friday, March 23. The firm earned “Equal Weight” rating on Friday, July 14 by Barclays Capital. Cowen & Co maintained the shares of T in report on Tuesday, July 18 with “Hold” rating. The company was downgraded on Friday, April 1 by Moffet Nathanson. The company was maintained on Tuesday, January 30 by Scotia Capital. As per Monday, September 18, the company rating was maintained by Cowen & Co. As per Monday, August 28, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It dropped, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Covington Advsrs has 1.09% invested in AT&T Inc. (NYSE:T). Epoch Prns accumulated 9.92 million shares. Liberty Capital Mngmt accumulated 0.16% or 8,249 shares. Jpmorgan Chase & Co holds 28.41M shares or 0.23% of its portfolio. Stillwater Inv Management Limited Liability Company reported 0.44% in AT&T Inc. (NYSE:T). Philadelphia Trust holds 183,695 shares or 0.56% of its portfolio. First Fincl Bank Of Hutchinson owns 6,150 shares or 0.14% of their US portfolio. Renaissance Gp Lc has 8,296 shares. 22.74M were accumulated by Tiaa Cref Inv Mgmt Lc. Wetherby Asset Mgmt holds 0.56% of its portfolio in AT&T Inc. (NYSE:T) for 103,888 shares. Washington Trust Bankshares invested in 0.31% or 55,283 shares. Everett Harris & Company Ca accumulated 20,826 shares. Homrich & Berg accumulated 589,896 shares or 1.57% of the stock. Hendershot Investments Incorporated has 6,533 shares. Pathstone Family Office Lc reported 466 shares stake.

Farmers & Merchants Investments Inc, which manages about $1.37 billion US Long portfolio, upped its stake in Vanguard Ftse Emerging Markets Etf (VWO) by 14,167 shares to 438,006 shares, valued at $20.11 million in 2017Q4, according to the filing. It also increased its holding in Black Hills Corp (NYSE:BKH) by 32,751 shares in the quarter, for a total of 96,435 shares, and has risen its stake in Ishares Barclays Intermediate Credit Bond Fund (CIU).

Since January 22, 2018, it had 0 buys, and 3 selling transactions for $3.82 million activity. 18,586 shares were sold by Kaufmann Michael C, worth $1.37 million on Monday, January 22. Giacomin Jon L sold $549,924 worth of stock or 7,995 shares.

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 $320.01M for 12.80 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.

More recent Cardinal Health, Inc. (NYSE:CAH) news were published by: Seekingalpha.com which released: “Trading Mistake 4: High ‘Probability’ Trades” on May 11, 2018. Also Seekingalpha.com published the news titled: “Cardinal Health Has Become Attractive” on May 07, 2018. Bizjournals.com‘s news article titled: “General Electric drops again on Fortune 500 list” with publication date: May 21, 2018 was also an interesting one.

Investors sentiment decreased to 0.75 in 2017 Q4. Its down 0.15, from 0.9 in 2017Q3. It turned negative, 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. Visionary Asset Management holds 51,839 shares. Artisan Prtnrs Partnership holds 773,497 shares. Pinnacle Financial Partners invested in 0.02% or 3,754 shares. Nuveen Asset Mngmt Ltd Llc accumulated 288,326 shares. Moreover, Paradigm Asset Mngmt has 0.12% invested in Cardinal Health, Inc. (NYSE:CAH). Hanson Mcclain has 88 shares for 0% of their portfolio. Cetera Advisor Network Ltd Co owns 5,155 shares. Liberty Mutual Asset Mgmt Inc invested in 12,613 shares or 0.02% of the stock. California Pub Employees Retirement System invested in 0.07% or 800,674 shares. 6,300 are held by Tekla Mgmt Limited. Harber Asset Mgmt Limited Liability reported 1.52% in Cardinal Health, Inc. (NYSE:CAH). Victory Cap Management Inc has 0.02% invested in Cardinal Health, Inc. (NYSE:CAH). Brown Brothers Harriman Com reported 591 shares stake. Louisiana State Employees Retirement System owns 19,000 shares or 0.05% of their US portfolio. Silvercrest Asset Group Inc Ltd Limited Liability Company invested 0.01% in Cardinal Health, Inc. (NYSE:CAH).

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. The firm has “Market Perform” rating given on Wednesday, January 6 by Raymond James. The stock of Cardinal Health, Inc. (NYSE:CAH) has “Hold” rating given on Friday, February 9 by Jefferies. The firm has “Hold” rating by Deutsche Bank given on Thursday, August 4. Leerink Swann downgraded the shares of CAH in report on Wednesday, December 21 to “Mkt Perform” rating. The firm has “Hold” rating given on Wednesday, June 21 by Jefferies. The firm has “Buy” rating given on Monday, August 10 by Zacks. The firm earned “Hold” rating on Friday, September 8 by Needham. The firm has “Buy” rating given on Thursday, December 17 by Goldman Sachs. The firm has “Equal-Weight” rating given on Monday, April 16 by Barclays Capital. The stock of Cardinal Health, Inc. (NYSE:CAH) earned “Hold” rating by RBC Capital Markets on Thursday, February 8.

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

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