Anderson Hoagland & Co. Has $1.73 Million Stake in Henry Schein, Inc. (HSIC)
Anderson Hoagland & Co. increased its position in Henry Schein, Inc. (NASDAQ:HSIC) by 75.2% during the second quarter, Holdings Channel reports. The institutional investor owned 9,441 shares of the company’s stock after buying an additional 4,051 shares during the period. Anderson Hoagland & Co.’s holdings in Henry Schein were worth $1,728,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of HSIC. SpiderRock Advisors LLC bought a new stake in shares of Henry Schein during the first quarter worth approximately $102,000. Westside Investment Management Inc. acquired a new position in Henry Schein during the first quarter valued at about $168,000. JNBA Financial Advisors acquired a new position in Henry Schein during the first quarter valued at about $170,000. Peddock Capital Advisors LLC boosted its position in Henry Schein by 29.1% in the first quarter. Peddock Capital Advisors LLC now owns 1,097 shares of the company’s stock valued at $186,000 after buying an additional 247 shares during the period. Finally, Van ECK Associates Corp boosted its position in Henry Schein by 5.7% in the first quarter. Van ECK Associates Corp now owns 1,138 shares of the company’s stock valued at $193,000 after buying an additional 61 shares during the period. 90.74% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Henry Schein, Inc. (NASDAQ:HSIC) traded down 0.73% during midday trading on Thursday, reaching $183.84. 193,439 shares of the company’s stock were exchanged. The firm has a market cap of $14.58 billion, a PE ratio of 27.94 and a beta of 1.09. Henry Schein, Inc. has a one year low of $146.23 and a one year high of $186.99. The stock’s 50-day moving average is $183.78 and its 200 day moving average is $172.72.
Henry Schein (NASDAQ:HSIC) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $1.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.11. Henry Schein had a net margin of 4.53% and a return on equity of 19.74%. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the firm posted $1.41 earnings per share. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. Analysts anticipate that Henry Schein, Inc. will post $7.28 EPS for the current year.
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HSIC has been the topic of several analyst reports. Zacks Investment Research cut Henry Schein from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Piper Jaffray Companies initiated coverage on Henry Schein in a research report on Monday, June 12th. They issued a “neutral” rating and a $200.00 price objective on the stock. Stifel Nicolaus reaffirmed a “hold” rating on shares of Henry Schein in a research report on Thursday, July 6th. Finally, Craig Hallum initiated coverage on Henry Schein in a research report on Tuesday, April 11th. They issued a “hold” rating on the stock. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $182.60.
In other news, EVP Gerald A. Benjamin sold 12,578 shares of Henry Schein stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $175.10, for a total transaction of $2,202,407.80. Following the completion of the sale, the executive vice president now directly owns 44,061 shares in the company, valued at $7,715,081.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.27% of the company’s stock.
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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