Citizens Financial Group Inc RI cut its holdings in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,639 shares of the company’s stock after selling 1,423 shares during the quarter. Citizens Financial Group Inc RI owned approximately 0.05% of Henry Schein worth $7,621,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the business. Peloton Wealth Strategists raised its holdings in Henry Schein by 50.4% during the second quarter. Peloton Wealth Strategists now owns 10,450 shares of the company’s stock valued at $1,913,000 after acquiring an additional 3,500 shares during the period. Stephens Investment Management Group LLC raised its holdings in Henry Schein by 3.8% during the second quarter. Stephens Investment Management Group LLC now owns 25,018 shares of the company’s stock valued at $4,579,000 after acquiring an additional 923 shares during the period. Stephens Inc. AR raised its holdings in Henry Schein by 39.1% during the second quarter. Stephens Inc. AR now owns 2,379 shares of the company’s stock valued at $435,000 after acquiring an additional 669 shares during the period. Summit Global Investments raised its holdings in Henry Schein by 35.3% during the second quarter. Summit Global Investments now owns 6,704 shares of the company’s stock valued at $1,227,000 after acquiring an additional 1,749 shares during the period. Finally, AJO LP raised its holdings in Henry Schein by 126.8% during the second quarter. AJO LP now owns 136,597 shares of the company’s stock valued at $25,000,000 after acquiring an additional 76,374 shares during the period. 89.11% of the stock is currently owned by institutional investors and hedge funds.
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In related news, SVP Paul Rose sold 2,126 shares of the company’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $172.51, for a total transaction of $366,756.26. Following the completion of the transaction, the senior vice president now owns 17,841 shares in the company, valued at approximately $3,077,750.91. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.27% of the stock is owned by corporate insiders.
HSIC has been the topic of a number of recent analyst reports. Zacks Investment Research cut Henry Schein from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Northcoast Research raised Henry Schein from a “neutral” rating to a “buy” rating and set a $218.00 price target on the stock in a report on Monday, August 7th. BidaskClub cut Henry Schein from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Jefferies Group LLC reissued a “hold” rating and set a $177.00 price target on shares of Henry Schein in a report on Friday, July 21st. Finally, Piper Jaffray Companies initiated coverage on Henry Schein in a report on Monday, June 12th. They set a “neutral” rating and a $200.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $186.50.
Henry Schein, Inc. (HSIC) traded down 0.64% on Tuesday, reaching $176.44. The company had a trading volume of 196,281 shares. Henry Schein, Inc. has a 1-year low of $146.23 and a 1-year high of $186.99. The company’s 50-day moving average price is $174.66 and its 200 day moving average price is $176.33. The firm has a market capitalization of $13.95 billion, a P/E ratio of 25.78 and a beta of 1.10. Henry Schein shares are set to split on the morning of Friday, September 15th. The 2-1 split was announced on Wednesday, August 16th. The newly created shares will be payable to shareholders after the closing bell on Thursday, September 14th.
Henry Schein (NASDAQ:HSIC) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.02. Henry Schein had a net margin of 4.59% and a return on equity of 19.91%. The firm had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the prior year, the firm earned $1.64 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, equities analysts forecast that Henry Schein, Inc. will post $7.27 EPS for the current year.
Henry Schein Company Profile
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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