Kentucky Retirement Systems Purchases New Position in Henry Schein, Inc. (HSIC)

Kentucky Retirement Systems purchased a new stake in shares of Henry Schein, Inc. (NASDAQ:HSIC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,631 shares of the company’s stock, valued at approximately $521,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HSIC. Financial Gravity Companies Inc. purchased a new stake in shares of Henry Schein during the fourth quarter worth about $29,000. Bruderman Asset Management LLC purchased a new stake in shares of Henry Schein during the fourth quarter worth about $39,000. Ipswich Investment Management Co. Inc. purchased a new stake in shares of Henry Schein during the fourth quarter worth about $45,000. Howe & Rusling Inc. boosted its holdings in shares of Henry Schein by 200.0% during the fourth quarter. Howe & Rusling Inc. now owns 600 shares of the company’s stock worth $47,000 after purchasing an additional 400 shares during the period. Finally, Essex Savings Bank purchased a new stake in shares of Henry Schein during the fourth quarter worth about $48,000.

HSIC has been the subject of a number of analyst reports. BidaskClub lowered shares of Henry Schein from a “strong-buy” rating to a “buy” rating in a report on Friday, January 4th. Craig Hallum dropped their target price on shares of Henry Schein from $96.00 to $72.00 and set a “buy” rating for the company in a report on Tuesday, February 19th. Barrington Research reissued a “buy” rating and issued a $72.00 price target on shares of Henry Schein in a research note on Thursday, February 21st. Guggenheim began coverage on shares of Henry Schein in a research note on Wednesday, April 17th. They issued a “buy” rating and a $72.00 price target for the company. Finally, Barclays decreased their price target on shares of Henry Schein from $73.00 to $63.00 and set an “equal weight” rating for the company in a research note on Thursday, February 21st. Six investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. Henry Schein currently has an average rating of “Hold” and a consensus target price of $79.37.

Shares of NASDAQ HSIC traded up $0.92 on Wednesday, reaching $64.18. 923,197 shares of the company’s stock traded hands, compared to its average volume of 1,824,693. Henry Schein, Inc. has a 12 month low of $56.58 and a 12 month high of $91.35. The company has a market capitalization of $9.45 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 2.29 and a beta of 0.88. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.68 and a current ratio of 1.30.

Henry Schein (NASDAQ:HSIC) last announced its earnings results on Wednesday, February 20th. The company reported $1.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.11 by $0.01. Henry Schein had a net margin of 4.06% and a return on equity of 19.86%. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter last year, the firm earned $0.97 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, analysts forecast that Henry Schein, Inc. will post 3.43 earnings per share for the current fiscal year.

In other Henry Schein news, Director Philip A. Laskawy sold 1,084 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $59.86, for a total transaction of $64,888.24. Following the completion of the transaction, the director now owns 32,899 shares of the company’s stock, valued at $1,969,334.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Philip A. Laskawy sold 3,591 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $59.12, for a total transaction of $212,299.92. The disclosure for this sale can be found here. 1.15% of the stock is currently owned by company insiders.

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Henry Schein Profile

Henry Schein, Inc provides health care products and services to dental practitioners and laboratories, 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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