Ardevora Asset Management Llp Has Trimmed Its Amphenol New (APH) Position by $3.60 Million; Cardinal Hlth (CAH) Valuation Declined While Twin Capital Management Has Trimmed Its Holding by $813,714

January 16, 2018 - By Vivian Currie

David Simon decreased its stake in Cardinal Hlth Inc (CAH) by 43.36% based on its latest 2017Q3 regulatory filing with the SEC. Twin Capital Management Inc sold 12,329 shares as the company’s stock declined 8.93% while stock markets rallied. The hedge fund run by David Simon held 16,103 shares of the health care company at the end of 2017Q3, valued at $1.08 million, down from 28,432 at the end of the previous reported quarter. Twin Capital Management Inc who had been investing in Cardinal Hlth Inc for a number of months, seems to be less bullish one the $22.83 billion market cap company. The stock increased 1.52% or $1.09 during the last trading session, reaching $72.58. About 4.52M shares traded or 25.91% up from the average. Cardinal Health, Inc. (NYSE:CAH) has declined 4.95% since January 16, 2017 and is downtrending. It has underperformed by 21.65% the S&P500.

Ardevora Asset Management Llp decreased its stake in Amphenol Corp New (APH) by 9.11% based on its latest 2017Q3 regulatory filing with the SEC. Ardevora Asset Management Llp sold 42,900 shares as the company’s stock rose 4.95% with the market. The institutional investor held 427,800 shares of the electrical products company at the end of 2017Q3, valued at $36.21 million, down from 470,700 at the end of the previous reported quarter. Ardevora Asset Management Llp who had been investing in Amphenol Corp New for a number of months, seems to be less bullish one the $27.87B market cap company. The stock decreased 0.60% or $0.55 during the last trading session, reaching $91.28. About 1.48 million shares traded or 22.69% up from the average. Amphenol Corporation (NYSE:APH) has risen 31.78% since January 16, 2017 and is uptrending. It has outperformed by 15.08% the S&P500.

Analysts await Cardinal Health, Inc. (NYSE:CAH) to report earnings on February, 6. They expect $1.14 earnings per share, down 14.93% or $0.20 from last year’s $1.34 per share. CAH’s profit will be $358.65M for 15.92 P/E if the $1.14 EPS becomes a reality. After $1.09 actual earnings per share reported by Cardinal Health, Inc. for the previous quarter, Wall Street now forecasts 4.59% EPS growth.

Among 20 analysts covering Cardinal Health (NYSE:CAH), 4 have Buy rating, 1 Sell and 15 Hold. Therefore 20% are positive. Cardinal Health had 44 analyst reports since August 10, 2015 according to SRatingsIntel. Raymond James downgraded the stock to “Market Perform” rating in Wednesday, January 6 report. Leerink Swann downgraded the stock to “Mkt Perform” rating in Wednesday, December 21 report. The company was downgraded on Tuesday, March 15 by Cowen & Co. The firm has “Neutral” rating by UBS given on Thursday, October 6. Needham initiated the stock with “Hold” rating in Tuesday, April 4 report. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, February 11. The rating was maintained by UBS on Tuesday, November 3 with “Buy”. The rating was upgraded by Cowen & Co on Tuesday, October 10 to “Buy”. Credit Suisse maintained the stock with “Buy” rating in Thursday, July 13 report. On Friday, April 28 the stock rating was initiated by Tigress Financial with “Neutral”.

Twin Capital Management Inc, which manages about $948.03 million and $1.91B US Long portfolio, upped its stake in Pfizer Inc Com (NYSE:PFE) by 43,260 shares to 553,760 shares, valued at $19.77M in 2017Q3, according to the filing. It also increased its holding in Eli Lilly Co Common Stock (NYSE:LLY) by 41,150 shares in the quarter, for a total of 90,330 shares, and has risen its stake in Merck & Co Inc New Com (NYSE:MRK).

Investors sentiment increased to 0.9 in Q3 2017. Its up 0.03, from 0.87 in 2017Q2. It increased, 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. Boston Ptnrs reported 0.24% in Cardinal Health, Inc. (NYSE:CAH). Hightower Advsrs Ltd invested in 14,636 shares or 0.01% of the stock. 143,282 are owned by Jane Street Group Llc. Meeder Asset Management reported 0.02% in Cardinal Health, Inc. (NYSE:CAH). First Midwest National Bank & Trust Division holds 0.04% of its portfolio in Cardinal Health, Inc. (NYSE:CAH) for 4,675 shares. Wetherby Asset Management holds 0.08% in Cardinal Health, Inc. (NYSE:CAH) or 7,843 shares. Smithfield Trust holds 1,320 shares. Amp Cap Ltd owns 0.04% invested in Cardinal Health, Inc. (NYSE:CAH) for 116,084 shares. Ameriprise Inc, a Minnesota-based fund reported 4.93M shares. Robeco Institutional Asset Management Bv holds 0% of its portfolio in Cardinal Health, Inc. (NYSE:CAH) for 4,972 shares. Iberiabank holds 56,201 shares or 0.62% of its portfolio. 5,474 are owned by Todd Asset Limited Liability. Stifel Corporation holds 0.03% or 132,698 shares in its portfolio. Exane Derivatives holds 0.01% or 931 shares. Canandaigua State Bank Communications accumulated 8,325 shares.

Among 11 analysts covering Amphenol (NYSE:APH), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Amphenol had 41 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Amphenol Corporation (NYSE:APH) earned “Buy” rating by RBC Capital Markets on Thursday, October 12. The stock has “Top Pick” rating by RBC Capital Markets on Wednesday, November 30. Zacks downgraded the shares of APH in report on Wednesday, August 26 to “Buy” rating. The rating was maintained by RBC Capital Markets with “Top Pick” on Friday, January 15. RBC Capital Markets maintained the shares of APH in report on Thursday, April 27 with “Top Pick” rating. The stock has “Buy” rating by Deutsche Bank on Thursday, October 5. RBC Capital Markets maintained the shares of APH in report on Thursday, March 2 with “Top Pick” rating. The rating was maintained by Stifel Nicolaus on Wednesday, October 4 with “Hold”. The stock of Amphenol Corporation (NYSE:APH) earned “Buy” rating by Bank of America on Friday, September 29. As per Monday, March 14, the company rating was downgraded by Goldman Sachs.

Since August 3, 2017, it had 0 buys, and 9 sales for $60.43 million activity. Doherty William J also sold $4.83M worth of Amphenol Corporation (NYSE:APH) on Tuesday, August 8. 88,000 Amphenol Corporation (NYSE:APH) shares with value of $7.60M were sold by Gavelle Jean-Luc. 200,000 shares were sold by NORWITT RICHARD ADAM, worth $15.59 million on Thursday, August 3. Shares for $8.58M were sold by WALTER LUC on Friday, August 4. $1.28M worth of Amphenol Corporation (NYSE:APH) was sold by Silverman David M.

Investors sentiment increased to 0.95 in Q3 2017. Its up 0.07, from 0.88 in 2017Q2. It increased, as 32 investors sold APH shares while 193 reduced holdings. 51 funds opened positions while 162 raised stakes. 292.31 million shares or 0.47% less from 293.69 million shares in 2017Q2 were reported. Pub Employees Retirement Association Of Colorado owns 739,903 shares for 0.45% of their portfolio. Metropolitan Life reported 0.08% of its portfolio in Amphenol Corporation (NYSE:APH). Connor Clark Lunn Inv Management Ltd invested 0.17% of its portfolio in Amphenol Corporation (NYSE:APH). Brant Point Mgmt Ltd Liability reported 92,800 shares stake. Fjarde Ap owns 79,370 shares. Envestnet Asset Mgmt reported 0.05% in Amphenol Corporation (NYSE:APH). Reilly Ltd has 146,836 shares for 1.86% of their portfolio. Buffington Mohr Mcneal stated it has 38,950 shares. Lincoln Ltd holds 0.31% of its portfolio in Amphenol Corporation (NYSE:APH) for 6,000 shares. Dubuque Financial Bank Tru Communications accumulated 836 shares. Cambridge Investment Rech Advsrs Inc has invested 0% in Amphenol Corporation (NYSE:APH). Deutsche Commercial Bank Ag has invested 0.06% of its portfolio in Amphenol Corporation (NYSE:APH). Robeco Institutional Asset Bv, Netherlands-based fund reported 557,324 shares. Barclays Public Ltd Com stated it has 0.07% of its portfolio in Amphenol Corporation (NYSE:APH). Liberty Mutual Gp Asset invested 0.06% of its portfolio in Amphenol Corporation (NYSE:APH).

Ardevora Asset Management Llp, which manages about $3.34 billion US Long portfolio, upped its stake in Sanmina Corporation (NASDAQ:SANM) by 75,400 shares to 1.03 million shares, valued at $38.15 million in 2017Q3, according to the filing. It also increased its holding in Analog Devices Inc (NASDAQ:ADI) by 33,200 shares in the quarter, for a total of 348,900 shares, and has risen its stake in Leggett & Platt Inc (NYSE:LEG).

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