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Banco Santander S.A. Raises Stake in Cardinal Health, Inc. $CAH
Banco Santander S.A. increased its stake in Cardinal Health, Inc. by 12.7% during the third quarter, bringing its total holdings to 117,354 shares valued at $18.42 million. This comes as Cardinal Health beat quarterly earnings expectations with $2.63 EPS and revenue of $65.63 billion, and several analysts have raised their price targets, resulting in a consensus “Moderate Buy” rating. The company also announced a quarterly dividend of $0.5107 per share.