Deutsche Bank AG decreased its position in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 64.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 463,151 shares of the company’s stock after selling 828,953 shares during the quarter. Deutsche Bank AG owned approximately 0.30% of Henry Schein worth $39,378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in HSIC. FMR LLC boosted its position in shares of Henry Schein by 167.3% during the 2nd quarter. FMR LLC now owns 6,632,783 shares of the company’s stock valued at $481,805,000 after acquiring an additional 4,151,179 shares during the last quarter. Point72 Asset Management L.P. boosted its position in shares of Henry Schein by 2,573.5% during the 2nd quarter. Point72 Asset Management L.P. now owns 802,047 shares of the company’s stock valued at $58,261,000 after acquiring an additional 772,047 shares during the last quarter. Atlanta Capital Management Co. L L C boosted its position in shares of Henry Schein by 19.0% during the 3rd quarter. Atlanta Capital Management Co. L L C now owns 2,924,653 shares of the company’s stock valued at $248,683,000 after acquiring an additional 466,704 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Henry Schein by 21.2% during the 2nd quarter. American Century Companies Inc. now owns 2,191,660 shares of the company’s stock valued at $159,202,000 after acquiring an additional 383,479 shares during the last quarter. Finally, Glenmede Trust Co. NA boosted its position in shares of Henry Schein by 11,084.6% during the 2nd quarter. Glenmede Trust Co. NA now owns 355,000 shares of the company’s stock valued at $25,787,000 after acquiring an additional 351,826 shares during the last quarter.

NASDAQ HSIC opened at $79.74 on Tuesday. Henry Schein, Inc. has a 12 month low of $62.56 and a 12 month high of $91.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 1.30. The stock has a market capitalization of $12.27 billion, a price-to-earnings ratio of 20.18, a P/E/G ratio of 2.65 and a beta of 0.89.

Henry Schein (NASDAQ:HSIC) last posted its earnings results on Tuesday, November 6th. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.02. Henry Schein had a net margin of 3.00% and a return on equity of 20.40%. The company had revenue of $3.28 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. Henry Schein’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, analysts predict that Henry Schein, Inc. will post 4.12 EPS for the current fiscal year.

Henry Schein announced that its Board of Directors has initiated a share buyback program on Thursday, December 13th that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Several brokerages have recently weighed in on HSIC. BidaskClub cut shares of Henry Schein from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 23rd. ValuEngine raised shares of Henry Schein from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 13th. Cleveland Research reissued a “hold” rating on shares of Henry Schein in a research report on Monday, September 24th. Zacks Investment Research raised shares of Henry Schein from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research report on Friday, October 5th. Finally, Robert W. Baird boosted their price target on shares of Henry Schein from $90.00 to $95.00 and gave the company an “outperform” rating in a research report on Thursday, October 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $86.47.

In other Henry Schein news, insider David Mckinley sold 8,321 shares of the business’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $88.77, for a total transaction of $738,655.17. Following the sale, the insider now directly owns 68,012 shares in the company, valued at $6,037,425.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven Paladino sold 21,110 shares of the business’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $90.06, for a total transaction of $1,901,166.60. The disclosure for this sale can be found here. Insiders sold 105,856 shares of company stock worth $9,222,275 in the last ninety days. 1.15% of the stock is currently owned by corporate insiders.

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Henry Schein Profile

Henry Schein, Inc provides health care products and services to dental practitioners and laboratories, animal health clinics, physician practices, 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.

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

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