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Investors Asset Management cut Cardinal Health holdings, but the company beat earnings and raised its dividend.
Investors Asset Management of Georgia Inc. reduced its holdings in Cardinal Health by 4.3%, selling 125 shares.
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%.
Analysts rate the stock as "Moderate Buy" with a target price of $136.87.
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Investors Asset Management redujo las participaciones de Cardinal Health, pero la compañía venció las ganancias y aumentó su dividendo.