Franklin Resources Inc. boosted its holdings in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 0.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 558,798 shares of the company’s stock after buying an additional 605 shares during the period. Franklin Resources Inc. owned approximately 0.70% of Henry Schein worth $102,271,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HSIC. Eads & Heald Investment Counsel raised its position in Henry Schein by 0.5% during the second quarter. Eads & Heald Investment Counsel now owns 1,497 shares of the company’s stock valued at $274,000 after purchasing an additional 8 shares in the last quarter. Cleararc Capital Inc. raised its position in Henry Schein by 0.6% during the first quarter. Cleararc Capital Inc. now owns 1,950 shares of the company’s stock valued at $331,000 after purchasing an additional 11 shares in the last quarter. Intrust Bank NA raised its position in Henry Schein by 1.1% during the second quarter. Intrust Bank NA now owns 1,219 shares of the company’s stock valued at $223,000 after purchasing an additional 13 shares in the last quarter. Penserra Capital Management LLC raised its position in Henry Schein by 1.0% during the first quarter. Penserra Capital Management LLC now owns 1,518 shares of the company’s stock valued at $258,000 after purchasing an additional 15 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Henry Schein by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,894 shares of the company’s stock valued at $1,079,000 after purchasing an additional 19 shares in the last quarter. 89.11% of the stock is owned by institutional investors.

Henry Schein, Inc. (NASDAQ HSIC) opened at 177.57 on Tuesday. The stock has a 50 day moving average price of $174.66 and a 200 day moving average price of $176.33. Henry Schein, Inc. has a 12-month low of $146.23 and a 12-month high of $186.99. The stock has a market cap of $14.04 billion, a P/E ratio of 25.95 and a beta of 1.10. Shares of Henry Schein are set to split on the morning of Friday, September 15th. The 2-1 split was announced on Wednesday, August 16th. The newly minted shares will be distributed to shareholders after the market closes on Thursday, September 14th.

Henry Schein (NASDAQ:HSIC) last announced its earnings results on Tuesday, August 8th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.02. The firm had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Henry Schein had a net margin of 4.59% and a return on equity of 19.91%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.64 EPS. On average, analysts forecast that Henry Schein, Inc. will post $7.27 earnings per share for the current fiscal year.

In other 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 sale, the senior vice president now directly owns 17,841 shares in the company, valued at approximately $3,077,750.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.27% of the stock is currently owned by corporate insiders.

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A number of research firms have weighed in on HSIC. Zacks Investment Research downgraded Henry Schein from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Northcoast Research upgraded Henry Schein from a “neutral” rating to a “buy” rating and set a $218.00 price target on the stock in a research report on Monday, August 7th. BidaskClub downgraded Henry Schein from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Credit Suisse Group restated a “hold” rating and set a $160.00 price target on shares of Henry Schein in a research report on Thursday, July 13th. Finally, Piper Jaffray Companies began coverage on Henry Schein in a research report on Monday, June 12th. They set a “neutral” rating and a $200.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $186.50.

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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Institutional Ownership by Quarter for Henry Schein (NASDAQ:HSIC)

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