Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 16.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,650 shares of the company’s stock after selling 2,750 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Henry Schein were worth $954,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in HSIC. Nationwide Fund Advisors grew its stake in Henry Schein by 130.1% during the 3rd quarter. Nationwide Fund Advisors now owns 260,731 shares of the company’s stock valued at $21,377,000 after acquiring an additional 147,419 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Henry Schein by 96.1% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 4,842 shares of the company’s stock valued at $397,000 after acquiring an additional 2,373 shares in the last quarter. Principal Financial Group Inc. grew its stake in Henry Schein by 95.2% during the 3rd quarter. Principal Financial Group Inc. now owns 245,036 shares of the company’s stock valued at $20,091,000 after acquiring an additional 119,492 shares in the last quarter. Candriam Luxembourg S.C.A. grew its stake in Henry Schein by 120.8% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 4,040 shares of the company’s stock valued at $331,000 after acquiring an additional 2,210 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Henry Schein by 159.5% during the 3rd quarter. Sei Investments Co. now owns 54,769 shares of the company’s stock valued at $4,491,000 after acquiring an additional 33,663 shares in the last quarter. 98.54% of the stock is owned by institutional investors.
Henry Schein stock opened at $65.67 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.32. Henry Schein, Inc. has a fifty-two week low of $62.56 and a fifty-two week high of $93.50. The company has a market cap of $10,100.78, a P/E ratio of 25.80, a PEG ratio of 1.61 and a beta of 1.09.
Henry Schein (NASDAQ:HSIC) last issued its quarterly earnings data on Tuesday, February 20th. The company reported $0.97 EPS for the quarter, hitting the consensus estimate of $0.97. Henry Schein had a net margin of 3.26% and a return on equity of 19.70%. The firm had revenue of $3.32 billion for the quarter, compared to analyst estimates of $3.30 billion. During the same period in the prior year, the business posted $0.94 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. research analysts anticipate that Henry Schein, Inc. will post 4.08 earnings per share for the current year.
HSIC has been the subject of several research reports. Morgan Stanley cut shares of Henry Schein from an “equal weight” rating to an “underweight” rating and set a $88.00 price objective for the company. in a research note on Wednesday, December 6th. Piper Jaffray Companies reissued a “buy” rating and issued a $78.00 price target on shares of Henry Schein in a research note on Wednesday, December 27th. Credit Suisse Group reissued a “neutral” rating and issued a $80.00 price target (down previously from $87.50) on shares of Henry Schein in a research note on Tuesday, November 28th. Leerink Swann reissued a “hold” rating on shares of Henry Schein in a research note on Tuesday, February 13th. Finally, Zacks Investment Research raised shares of Henry Schein from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $82.31.
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About Henry Schein
Henry Schein, Inc is a provider of healthcare products and services primarily to office-based dental, animal health and medical practitioners. The Company operates through two segments: healthcare distribution, and technology and value-added services. The healthcare distribution segment distributes consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins.
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