Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 29,300 Shares of Henry Schein, Inc. (NASDAQ:HSIC)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its position in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 55.9% during the fourth quarter, HoldingsChannel reports. 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 quarter.

A number of other hedge funds have also bought and sold shares of HSIC. Versant Capital Management Inc grew 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 purchasing an additional 335 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Henry Schein by 3,347.1% in the fourth quarter. Venturi Wealth Management LLC now owns 586 shares of the company’s stock worth $41,000 after purchasing an additional 569 shares during the last quarter. Quent Capital LLC grew its holdings in shares of Henry Schein by 91.2% in the fourth quarter. Quent Capital LLC now owns 677 shares of the company’s stock worth $47,000 after purchasing an additional 323 shares during the last quarter. City State Bank bought a new position in shares of Henry Schein in the fourth quarter worth about $55,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Henry Schein by 58.9% in the third quarter. Farther Finance Advisors LLC now owns 933 shares of the company’s stock worth $68,000 after purchasing an additional 346 shares during the last quarter. Institutional investors own 96.62% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Mizuho assumed coverage on shares of Henry Schein in a report on Wednesday, December 4th. They issued a “neutral” rating and a $75.00 price target on the stock. Bank of America upgraded shares of Henry Schein from an “underperform” rating to a “buy” rating and upped their price target for the stock from $69.00 to $84.00 in a report on Monday, January 6th. Wells Fargo & Company assumed coverage on shares of Henry Schein in a report on Friday, February 14th. They issued an “equal weight” rating and a $80.00 price target on the stock. Barrington Research restated an “outperform” rating and issued a $90.00 price target on shares of Henry Schein in a report on Wednesday. Finally, UBS Group dropped their target price on shares of Henry Schein from $83.00 to $80.00 and set a “neutral” rating on the stock in a report on Wednesday. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Henry Schein presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.10.

Henry Schein Stock Down 4.3 %

Shares of Henry Schein stock opened at $72.54 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.42 and a quick ratio of 0.82. Henry Schein, Inc. has a 1 year low of $63.67 and a 1 year high of $82.63. The firm’s 50-day moving average is $74.28 and its two-hundred day moving average is $72.43. The stock has a market cap of $9.04 billion, a price-to-earnings ratio of 29.85, a PEG ratio of 2.13 and a beta of 0.91.

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

Henry Schein Company Profile

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.