As Cardinal Health (CAH) Share Value Declined, Cwm Lifted by $7.20 Million Its Holding; Winslow Asset Management Raised Tenet Healthcare Com (THC) Holding by $383,952

February 4, 2018 - By Ellis Scott

Cwm Llc increased its stake in Cardinal Health Inc (CAH) by 32.77% based on its latest 2017Q3 regulatory filing with the SEC. Cwm Llc bought 109,079 shares as the company’s stock declined 8.93% while stock markets rallied. The institutional investor held 441,926 shares of the health care company at the end of 2017Q3, valued at $29.57M, up from 332,847 at the end of the previous reported quarter. Cwm Llc who had been investing in Cardinal Health Inc for a number of months, seems to be bullish on the $21.22B market cap company. The stock decreased 2.32% or $1.6 during the last trading session, reaching $67.46. About 3.43 million shares traded. Cardinal Health, Inc. (NYSE:CAH) has declined 4.95% since February 4, 2017 and is downtrending. It has underperformed by 21.65% the S&P500.

Winslow Asset Management Inc increased its stake in Tenet Healthcare Corp Com (THC) by 10.42% based on its latest 2017Q3 regulatory filing with the SEC. Winslow Asset Management Inc bought 23,997 shares as the company’s stock declined 9.34% while stock markets rallied. The institutional investor held 254,247 shares of the hospital and nursing management company at the end of 2017Q3, valued at $4.18 million, up from 230,250 at the end of the previous reported quarter. Winslow Asset Management Inc who had been investing in Tenet Healthcare Corp Com for a number of months, seems to be bullish on the $1.84B market cap company. The stock decreased 4.00% or $0.76 during the last trading session, reaching $18.26. About 1.73 million shares traded. Tenet Healthcare Corporation (NYSE:THC) has declined 36.81% since February 4, 2017 and is downtrending. It has underperformed by 53.51% the S&P500.

Among 20 analysts covering Cardinal Health (NYSE:CAH), 4 have Buy rating, 1 Sell and 15 Hold. Therefore 20% are positive. Cardinal Health had 46 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Mizuho on Tuesday, January 3. The stock of Cardinal Health, Inc. (NYSE:CAH) has “Hold” rating given on Wednesday, January 17 by Robert W. Baird. William Blair downgraded the shares of CAH in report on Wednesday, April 19 to “Market Perform” rating. Raymond James downgraded the stock to “Market Perform” rating in Wednesday, January 6 report. As per Thursday, February 11, the company rating was maintained by RBC Capital Markets. UBS maintained the stock with “Buy” rating in Tuesday, November 3 report. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, November 3 report. Credit Suisse maintained the shares of CAH in report on Thursday, July 13 with “Buy” rating. Jefferies maintained Cardinal Health, Inc. (NYSE:CAH) rating on Tuesday, August 29. Jefferies has “Hold” rating and $77.0 target. The stock of Cardinal Health, Inc. (NYSE:CAH) has “Hold” rating given on Wednesday, June 21 by Jefferies.

Cwm Llc, which manages about $1.90 billion and $2.12B US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLE) by 7,275 shares to 7,946 shares, valued at $544,000 in 2017Q3, according to the filing. It also reduced its holding in Powershares Etf Trust (PDP) by 9,750 shares in the quarter, leaving it with 194,962 shares, and cut its stake in C H Robinson Worldwide Inc (NASDAQ:CHRW).

Investors sentiment increased to 0.9 in Q3 2017. Its up 0.03, from 0.87 in 2017Q2. It improved, as 63 investors sold CAH shares while 229 reduced holdings. 64 funds opened positions while 198 raised stakes. 275.05 million shares or 0.51% more from 273.65 million shares in 2017Q2 were reported. Advsr Asset Mngmt holds 0.08% or 70,547 shares. The Michigan-based Ls Investment Advsrs Ltd Liability Corp has invested 0.13% in Cardinal Health, Inc. (NYSE:CAH). Suntrust Banks Inc stated it has 59,799 shares or 0.02% of all its holdings. Pggm Investments holds 359,553 shares. Goldman Sachs Grp holds 0.04% or 2.34 million shares in its portfolio. Manchester Cap Mngmt Ltd Com has 0.01% invested in Cardinal Health, Inc. (NYSE:CAH) for 1,050 shares. Cincinnati Fincl holds 2.2% or 722,500 shares. Aviance Capital Partners Limited Liability Company accumulated 0.2% or 9,032 shares. Tru Of Toledo Na Oh has 20,619 shares. Sheets Smith Wealth Mgmt accumulated 36,800 shares or 0.62% of the stock. Novare Capital Management Limited Liability Company holds 0.51% in Cardinal Health, Inc. (NYSE:CAH) or 42,956 shares. American Int Grp Incorporated holds 0.03% or 133,730 shares in its portfolio. Tiaa Cref Investment Lc stated it has 1.62M shares or 0.07% of all its holdings. Virtus Advisers invested 0.01% in Cardinal Health, Inc. (NYSE:CAH). 185 were reported by Hartford Fincl.

Since January 22, 2018, it had 0 insider purchases, and 1 insider sale for $1.37 million activity.

Among 23 analysts covering Tenet Healthcare Corporation (NYSE:THC), 8 have Buy rating, 4 Sell and 11 Hold. Therefore 35% are positive. Tenet Healthcare Corporation had 73 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained Tenet Healthcare Corporation (NYSE:THC) on Thursday, September 28 with “Buy” rating. As per Friday, October 13, the company rating was maintained by SunTrust. The rating was maintained by Piper Jaffray on Friday, October 13 with “Hold”. The company was maintained on Wednesday, May 4 by Citigroup. Wells Fargo upgraded Tenet Healthcare Corporation (NYSE:THC) on Tuesday, June 6 to “Outperform” rating. The rating was downgraded by Morgan Stanley to “Underweight” on Wednesday, December 20. The stock of Tenet Healthcare Corporation (NYSE:THC) has “Positive” rating given on Wednesday, April 13 by Susquehanna. On Wednesday, November 8 the stock rating was maintained by Leerink Swann with “Buy”. The firm has “Buy” rating given on Tuesday, August 8 by Jefferies. As per Monday, November 13, the company rating was maintained by RBC Capital Markets.

Winslow Asset Management Inc, which manages about $695.38 million and $516.35 million US Long portfolio, decreased its stake in Brookdale Sr Living Com (NYSE:BKD) by 180,660 shares to 113,671 shares, valued at $1.21M in 2017Q3, according to the filing. It also reduced its holding in Starbucks Corp Com (NASDAQ:SBUX) by 5,905 shares in the quarter, leaving it with 14,824 shares, and cut its stake in Skyworks Solutions Inc Com (NASDAQ:SWKS).

Investors sentiment increased to 1.33 in 2017 Q3. Its up 0.08, from 1.25 in 2017Q2. It improved, as 33 investors sold THC shares while 57 reduced holdings. 41 funds opened positions while 79 raised stakes. 122.38 million shares or 7.67% more from 113.66 million shares in 2017Q2 were reported. Franklin Resource Inc reported 5.00M shares stake. North Star Investment Mgmt accumulated 350 shares or 0% of the stock. Carroll Financial Assoc holds 101 shares. Putnam Invs Limited Co stated it has 0% of its portfolio in Tenet Healthcare Corporation (NYSE:THC). 1.35 million were accumulated by Brigade Cap Management Lp. Natixis holds 0% or 15,629 shares in its portfolio. Parametric Port Associate Lc owns 705,791 shares. Texas Permanent School Fund holds 58,883 shares or 0.01% of its portfolio. Apollo Mgmt Holdings Lp holds 0.07% of its portfolio in Tenet Healthcare Corporation (NYSE:THC) for 300,000 shares. Td Capital Management Ltd holds 0% or 38 shares in its portfolio. 77,505 were reported by Boston Private Wealth Ltd Llc. Clearbridge Invs Limited Liability Company owns 600 shares for 0% of their portfolio. Redwood Capital Mgmt Limited Liability Co invested in 1.55% or 925,000 shares. New York-based Gotham Asset Llc has invested 0.02% in Tenet Healthcare Corporation (NYSE:THC). Acadian Asset Mngmt Limited Liability Com has invested 0% of its portfolio in Tenet Healthcare Corporation (NYSE:THC).