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B. Metzler seel. Sohn & Co. AG Sells 9,951 Shares of Cardinal Health, Inc. $CAH
B. Metzler seel. Sohn & Co. AG reduced its stake in Cardinal Health, Inc. by 46.7%, selling 9,951 shares and now owning 11,380 shares valued at $2.339 million. The institutional investor’s move comes as Cardinal Health reported strong quarterly earnings, beating analyst expectations with an EPS of $2.63 and revenue of $65.63 billion, an 18.8% year-over-year increase. Analysts generally rate Cardinal Health as a “Moderate Buy” with an average target price of $244.33, and the company recently declared a quarterly dividend of $0.5107 per share.