Fjarde AP Fonden Fourth Swedish National Pension Fund Reduces Holdings in Henry Schein, Inc. (NASDAQ:HSIC)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its holdings in Henry Schein, Inc. (NASDAQ:HSIC) by 55.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,151 shares of the company’s stock after selling 29,300 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Henry Schein were worth $1,602,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in shares of Henry Schein by 274.6% in the fourth quarter. Versant Capital Management Inc now owns 457 shares of the company’s stock worth $32,000 after buying an additional 335 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Henry Schein by 3,347.1% during the 4th quarter. Venturi Wealth Management LLC now owns 586 shares of the company’s stock worth $41,000 after acquiring an additional 569 shares during the period. Quent Capital LLC raised its stake in Henry Schein by 91.2% during the 4th quarter. Quent Capital LLC now owns 677 shares of the company’s stock worth $47,000 after acquiring an additional 323 shares during the period. City State Bank bought a new stake in Henry Schein during the 4th quarter worth approximately $55,000. Finally, Farther Finance Advisors LLC raised its stake in Henry Schein by 58.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 933 shares of the company’s stock worth $68,000 after acquiring an additional 346 shares during the period. Hedge funds and other institutional investors own 96.62% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on HSIC. Jefferies Financial Group raised their target price on shares of Henry Schein from $77.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Barrington Research restated an “outperform” rating and set a $90.00 target price on shares of Henry Schein in a research note on Wednesday. Mizuho began coverage on shares of Henry Schein in a research note on Wednesday, December 4th. They set a “neutral” rating and a $75.00 target price on the stock. Wells Fargo & Company began coverage on shares of Henry Schein in a research report on Friday, February 14th. They set an “equal weight” rating and a $80.00 price objective on the stock. Finally, UBS Group reduced their price objective on shares of Henry Schein from $83.00 to $80.00 and set a “neutral” rating on the stock in a research report on Wednesday. Six research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $81.10.

Henry Schein Trading Down 4.3 %

Shares of HSIC opened at $72.54 on Thursday. The company’s fifty day moving average is $74.28 and its 200 day moving average is $72.43. Henry Schein, Inc. has a fifty-two week low of $63.67 and a fifty-two week high of $82.63. The stock has a market capitalization of $9.04 billion, a PE ratio of 29.85, a P/E/G ratio of 2.13 and a beta of 0.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.42.

Henry Schein (NASDAQ:HSIC) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.04). Henry Schein had a return on equity of 12.90% and a net margin of 2.51%. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter in the prior year, the firm posted $0.66 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Sell-side analysts expect that Henry Schein, Inc. will post 4.74 earnings per share for the current fiscal 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.