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flag Investors Asset Management cut Cardinal Health holdings, but the company beat earnings and raised its dividend.

flag Investors Asset Management of Georgia Inc. reduced its holdings in Cardinal Health by 4.3%, selling 125 shares. flag Other institutions increased their stakes, including State Street Corp. and Pacer Advisors Inc. Cardinal Health beat earnings estimates with $1.93 per share and announced a quarterly dividend of $0.5056, yielding 1.59%. flag Analysts rate the stock as "Moderate Buy" with a target price of $136.87.

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