Henry Schein, Inc. (NASDAQ:HSIC) Stock Holdings Decreased by Kentucky Retirement Systems

Kentucky Retirement Systems reduced its position in Henry Schein, Inc. (NASDAQ:HSIC) by 8.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,827 shares of the company’s stock after selling 822 shares during the period. Kentucky Retirement Systems’ holdings in Henry Schein were worth $643,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in HSIC. Vanguard Group Inc. increased its position in shares of Henry Schein by 1.7% in the first quarter. Vanguard Group Inc. now owns 15,432,001 shares of the company’s stock worth $1,165,425,000 after acquiring an additional 260,537 shares in the last quarter. Covestor Ltd increased its position in shares of Henry Schein by 12.8% in the first quarter. Covestor Ltd now owns 1,511 shares of the company’s stock worth $114,000 after acquiring an additional 171 shares in the last quarter. UniSuper Management Pty Ltd boosted its holdings in shares of Henry Schein by 611.8% during the first quarter. UniSuper Management Pty Ltd now owns 13,695 shares of the company’s stock worth $1,034,000 after purchasing an additional 11,771 shares during the period. MQS Management LLC acquired a new stake in shares of Henry Schein during the first quarter worth approximately $399,000. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of Henry Schein by 16.4% during the first quarter. Gamco Investors INC. ET AL now owns 345,135 shares of the company’s stock worth $26,065,000 after purchasing an additional 48,510 shares during the period. 96.62% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Lorelei Mcglynn sold 21,035 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $69.30, for a total value of $1,457,725.50. Following the completion of the transaction, the senior vice president now owns 71,833 shares in the company, valued at approximately $4,978,026.90. This represents a 22.65 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.14% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on HSIC. JPMorgan Chase & Co. decreased their price target on shares of Henry Schein from $88.00 to $80.00 and set an “overweight” rating for the company in a report on Monday, August 12th. UBS Group decreased their price target on shares of Henry Schein from $75.00 to $72.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Barrington Research restated an “outperform” rating and set a $82.00 price target on shares of Henry Schein in a report on Wednesday, November 6th. StockNews.com upgraded shares of Henry Schein from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Evercore ISI lifted their target price on shares of Henry Schein from $70.00 to $74.00 and gave the company an “in-line” rating in a research note on Tuesday, October 8th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Henry Schein presently has an average rating of “Moderate Buy” and a consensus price target of $78.89.

Henry Schein Price Performance

NASDAQ HSIC opened at $74.84 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The company has a fifty day simple moving average of $70.55 and a 200 day simple moving average of $69.66. The company has a market cap of $9.33 billion, a P/E ratio of 30.80, a P/E/G ratio of 1.97 and a beta of 0.87. Henry Schein, Inc. has a 1 year low of $63.67 and a 1 year high of $82.63.

Henry Schein (NASDAQ:HSIC) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.24 billion. Henry Schein had a net margin of 2.51% and a return on equity of 12.90%. Henry Schein’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.32 EPS. On average, sell-side analysts predict that Henry Schein, Inc. will post 4.78 EPS for the current year.

About Henry Schein

Henry Schein, Inc provides health care products and services to dental practitioners, laboratories, physician practices, and ambulatory surgery centers, government, institutional health care clinics, and other alternate care clinics worldwide. It operates through two segments, Health Care Distribution, and Technology and Value-Added Services.