Stoneridge Investment Partners Cut Its Holding in Viacom Class B (VIAB) by $1.32 Million; As Cardinal Health (CAH) Share Value Rose, Holder Huntington National Bank Lowered Stake

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Stoneridge Investment Partners Llc decreased its stake in Viacom Inc Class B (VIAB) by 19.41% based on its latest 2018Q3 regulatory filing with the SEC. Stoneridge Investment Partners Llc sold 40,127 shares as the company’s stock rose 1.10% while stock markets declined. The institutional investor held 166,647 shares of the television services company at the end of 2018Q3, valued at $5.63M, down from 206,774 at the end of the previous reported quarter. Stoneridge Investment Partners Llc who had been investing in Viacom Inc Class B for a number of months, seems to be less bullish one the $11.90 billion market cap company. The stock increased 0.41% or $0.12 during the last trading session, reaching $29.12. About 776,728 shares traded. Viacom Inc. (NASDAQ:VIAB) has declined 0.84% since January 10, 2018 and is downtrending. It has underperformed by 0.84% the S&P500. Some Historical VIAB News: 05/04/2018 – CBS-Viacom Fight Is Fixed — Heard on the Street; 09/04/2018 – Viacom asked CBS to sweeten its merger bid by about $2.8 billion or almost a quarter more than CBS’s offer, people familiar with the matter said; 16/05/2018 – NATIONAL AMUSEMENTS SAYS IN COURT FILING THAT THE BALANCE OF EQUITIES FAVORS DENYING CBS REQUEST FOR A TEMPORARY RESTRAINING ORDER; 02/04/2018 – EXCLUSIVE-CBS CORP CBS.N INITIAL BID FOR VIACOM INC VIAB.O TO VALUE VIACOM BELOW CURRENT MARKET VALUE; 17/04/2018 – New York Post: Bizarre CBS, Viacom merger saga takes another strange turn; 10/04/2018 – GRAMMY Award-Winning Rapper, Actor and Entrepreneur Tip “T.l.” Harris Brings the Art of the Hustle to BET Networks with a New Business Competition Series “THE GRAND HUSTLE”; 17/04/2018 – On The Heels Of MTV’s Third Consecutive Quarter Of Growth The 2018 “MTV VMAs” Will Return To NYC And Air Live From Radio City M; 25/04/2018 – It’s Time to “Answer That Question, or Take the Physical Challenge,” as Nickelodeon Brings Back Double Dare in Brand-New; 17/05/2018 – CBS – IF CONSUMMATED, DIVIDEND WOULD ENABLE CO TO OPERATE AS AN INDEPENDENT, NON-CONTROLLED COMPANY AND MORE FULLY EVALUATE STRATEGIC ALTERNATIVES; 25/04/2018 – Viacom forecasts growth rebound in U.S. ad sales, affiliate revenue

Huntington National Bank decreased its stake in Cardinal Health Inc (CAH) by 16.05% based on its latest 2018Q3 regulatory filing with the SEC. Huntington National Bank sold 7,741 shares as the company’s stock rose 0.32% while stock markets declined. The institutional investor held 40,481 shares of the health care company at the end of 2018Q3, valued at $2.19 million, down from 48,222 at the end of the previous reported quarter. Huntington National Bank who had been investing in Cardinal Health Inc for a number of months, seems to be less bullish one the $14.16 billion market cap company. The stock increased 2.06% or $0.96 during the last trading session, reaching $47.54. About 1.06M shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 9.32% since January 10, 2018 and is downtrending. It has underperformed by 9.32% the S&P500. Some Historical CAH News: 03/05/2018 – Cardinal Health Cuts FY18 View To Adj EPS $4.85-Adj EPS $4.95; 03/05/2018 – CARDINAL CEO: ‘MODEST GROWTH’ IN FY19 GAAP EPS EXPECTED; 03/05/2018 – Cardinal Health Lowers Outook on Weak Performance — Earnings Review; 03/05/2018 – CARDINAL HEALTH INC – UPDATES FISCAL YEAR 2018 OUTLOOK; 03/05/2018 – CARDINAL HEALTH INC CAH.N CEO SAYS CO EXPECTS CORDIS UNIT WILL BE “ON A PATH TO PROFITABLE GROWTH” BY END OF FY ’19; 16/04/2018 – Cardinal Health and McKesson are among the companies that have been seen as vulnerable to Amazon’s entry into health care; 01/05/2018 – Cardinal Health urEssential Award Recognizes Laboratory Professor’s Distinguished Career; 03/05/2018 – CARDINAL CEO: CO. WILL PROVIDE 2019 GUIDANCE IN AUGUST; 27/03/2018 – SAHAJANAND MEDICAL TECHNOLOGIES – ANNOUNCES STRATEGIC PARTNERSHIP WITH CORDIS, CARDINAL HEALTH’S INTERVENTIONAL VASCULAR BUSINESS; 27/03/2018 – PRESS RELEASE – SMT AND CARDINAL HEALTH ENTER INTO A STRATEGIC PARTNERSHIP FOR THE INDIAN MARKET

Huntington National Bank, which manages about $6.39B US Long portfolio, upped its stake in Honeywell International Inc (NYSE:HON) by 6,383 shares to 434,828 shares, valued at $72.36 million in 2018Q3, according to the filing. It also increased its holding in Ishares (Prn) (IJR) by 196,641 shares in the quarter, for a total of 2.08M shares, and has risen its stake in O’reilly Automotive Inc (NASDAQ:ORLY).

Since August 20, 2018, it had 0 buys, and 2 insider sales for $194,798 activity. On Monday, August 20 the insider Giacomin Jon L sold $150,136.

Analysts await Cardinal Health, Inc. (NYSE:CAH) to report earnings on February, 14. They expect $1.09 EPS, down 16.79% or $0.22 from last year’s $1.31 per share. CAH’s profit will be $324.75 million for 10.90 P/E if the $1.09 EPS becomes a reality. After $1.29 actual EPS reported by Cardinal Health, Inc. for the previous quarter, Wall Street now forecasts -15.50% negative EPS growth.

More notable recent Cardinal Health, Inc. (NYSE:CAH) news were published by: Globenewswire.com which released: “Recent Analysis Shows The Goodyear Tire & Rubber, Health Insurance Innovations, Stratasys, The Mosaic, Cardinal Health, and Plug Power Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on December 18, 2018, also Seekingalpha.com with their article: “Cardinal Health: An Undervalued Dividend Growth Stock – Seeking Alpha” published on December 21, 2018, Seekingalpha.com published: “How Safe Is Cardinal Health’s Dividend? – Seeking Alpha” on December 12, 2018. More interesting news about Cardinal Health, Inc. (NYSE:CAH) were released by: Seekingalpha.com and their article: “Cardinal Health goes ex-dividend on Monday – Seeking Alpha” published on December 28, 2018 as well as Seekingalpha.com‘s news article titled: “Neurocrine Biosciences +6% on 2019 outlook – Seeking Alpha” with publication date: January 07, 2019.

Among 20 analysts covering Cardinal Health (NYSE:CAH), 4 have Buy rating, 2 Sell and 14 Hold. Therefore 20% are positive. Cardinal Health had 59 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Morgan Stanley on Monday, December 3. FBR Capital maintained the shares of CAH in report on Tuesday, November 3 with “Outperform” rating. The company was maintained on Tuesday, July 3 by Morgan Stanley. Mizuho maintained Cardinal Health, Inc. (NYSE:CAH) on Tuesday, October 24 with “Hold” rating. The rating was maintained by RBC Capital Markets on Thursday, February 11 with “Outperform”. The firm has “Buy” rating by Zacks given on Monday, August 10. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 3. UBS maintained the stock with “Buy” rating in Tuesday, November 3 report. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, April 24. As per Wednesday, April 19, the company rating was downgraded by William Blair.

Investors sentiment increased to 0.99 in 2018 Q3. Its up 0.03, from 0.96 in 2018Q2. It is positive, as 51 investors sold CAH shares while 195 reduced holdings. 68 funds opened positions while 176 raised stakes. 258.08 million shares or 2.70% less from 265.24 million shares in 2018Q2 were reported. The California-based Assetmark has invested 0.04% in Cardinal Health, Inc. (NYSE:CAH). Exane Derivatives has 0% invested in Cardinal Health, Inc. (NYSE:CAH) for 3,349 shares. Estabrook Capital Mngmt has invested 0% in Cardinal Health, Inc. (NYSE:CAH). Sector Pension Invest Board has invested 0.01% in Cardinal Health, Inc. (NYSE:CAH). Polaris Greystone Financial Ltd Liability Com stated it has 6,716 shares or 0.03% of all its holdings. Robeco Institutional Asset Management Bv has 383,302 shares for 0.09% of their portfolio. Veritable Ltd Partnership stated it has 0.02% of its portfolio in Cardinal Health, Inc. (NYSE:CAH). Stephens Ar holds 59,641 shares. Guardian Life Communications Of America owns 0.01% invested in Cardinal Health, Inc. (NYSE:CAH) for 883 shares. The Indiana-based Old Natl Retail Bank In has invested 0.01% in Cardinal Health, Inc. (NYSE:CAH). Toth Fincl Advisory Corporation holds 6,518 shares or 0.08% of its portfolio. Diligent Invsts Ltd Llc holds 15,030 shares. Fjarde Ap holds 0.07% in Cardinal Health, Inc. (NYSE:CAH) or 86,396 shares. Aviva Public Ltd Com stated it has 150,763 shares. Capital Advsrs Llc reported 0% of its portfolio in Cardinal Health, Inc. (NYSE:CAH).

Analysts await Viacom Inc. (NASDAQ:VIAB) to report earnings on February, 14. They expect $1.01 EPS, down 1.94% or $0.02 from last year’s $1.03 per share. VIAB’s profit will be $412.74 million for 7.21 P/E if the $1.01 EPS becomes a reality. After $0.99 actual EPS reported by Viacom Inc. for the previous quarter, Wall Street now forecasts 2.02% EPS growth.

Stoneridge Investment Partners Llc, which manages about $1.01B and $470.15 million US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 5,326 shares to 13,186 shares, valued at $1.82 million in 2018Q3, according to the filing. It also increased its holding in Broadcom Inc by 11,358 shares in the quarter, for a total of 19,465 shares, and has risen its stake in Halliburton Co (NYSE:HAL).

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