Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Has $1.26 Million Stock Holdings in Cardinal Health, Inc. (NYSE:CAH)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group trimmed its position in shares of Cardinal Health, Inc. (NYSE:CAH - Free Report) by 22.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,635 shares of the company's stock after selling 3,045 shares during the quarter. Cardinal Health makes up about 0.7% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's investment portfolio, making the stock its 23rd largest holding. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's holdings in Cardinal Health were worth $1,258,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Rothschild Investment LLC lifted its holdings in Cardinal Health by 10.1% in the 4th quarter. Rothschild Investment LLC now owns 858 shares of the company's stock worth $101,000 after purchasing an additional 79 shares during the last quarter. Private Trust Co. NA lifted its holdings in Cardinal Health by 11.0% in the 4th quarter. Private Trust Co. NA now owns 930 shares of the company's stock worth $110,000 after purchasing an additional 92 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in Cardinal Health by 2.7% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,479 shares of the company's stock worth $411,000 after purchasing an additional 93 shares during the last quarter. MWA Asset Management lifted its holdings in Cardinal Health by 2.9% in the 4th quarter. MWA Asset Management now owns 3,324 shares of the company's stock worth $393,000 after purchasing an additional 95 shares during the last quarter. Finally, Transcend Capital Advisors LLC lifted its holdings in Cardinal Health by 3.6% in the 4th quarter. Transcend Capital Advisors LLC now owns 2,735 shares of the company's stock worth $323,000 after purchasing an additional 96 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

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Cardinal Health Price Performance

Shares of NYSE:CAH traded up $1.93 during trading on Friday, reaching $128.20. The stock had a trading volume of 1,863,244 shares, compared to its average volume of 2,452,832. Cardinal Health, Inc. has a 52 week low of $93.17 and a 52 week high of $132.84. The business's 50-day moving average price is $126.33 and its 200 day moving average price is $119.38. The stock has a market capitalization of $30.97 billion, a PE ratio of 23.92, a P/E/G ratio of 1.49 and a beta of 0.66.

Cardinal Health (NYSE:CAH - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.74 by $0.19. Cardinal Health had a net margin of 0.59% and a negative return on equity of 59.57%. Analysts forecast that Cardinal Health, Inc. will post 7.95 EPS for the current year.

Cardinal Health Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $0.5056 dividend. This represents a $2.02 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, April 1st. Cardinal Health's dividend payout ratio is currently 37.69%.

Analyst Ratings Changes

Several research firms recently weighed in on CAH. Citigroup boosted their target price on Cardinal Health from $120.00 to $129.00 and gave the stock a "neutral" rating in a report on Friday, January 10th. Argus set a $148.00 target price on shares of Cardinal Health in a research note on Tuesday, February 4th. TD Cowen raised shares of Cardinal Health from a "hold" rating to a "buy" rating and upped their price objective for the company from $130.00 to $144.00 in a research report on Wednesday, January 8th. Mizuho initiated coverage on shares of Cardinal Health in a research note on Wednesday, December 4th. They issued an "outperform" rating and a $139.00 target price for the company. Finally, Morgan Stanley increased their target price on shares of Cardinal Health from $136.00 to $142.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Cardinal Health has an average rating of "Moderate Buy" and a consensus target price of $139.36.

Cardinal Health Profile

Cardinal Health, Inc operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home.