Daiwa Securities Group Inc. Increases Holdings in Henry Schein, Inc. (NASDAQ:HSIC)

Daiwa Securities Group Inc. grew its holdings in Henry Schein, Inc. (NASDAQ:HSICFree Report) by 6.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 11,590 shares of the company’s stock after acquiring an additional 717 shares during the period. Daiwa Securities Group Inc.’s holdings in Henry Schein were worth $877,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Aurora Investment Counsel lifted its position in shares of Henry Schein by 0.7% in the third quarter. Aurora Investment Counsel now owns 20,641 shares of the company’s stock valued at $1,533,000 after acquiring an additional 140 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Henry Schein by 0.4% in the fourth quarter. Arizona State Retirement System now owns 35,890 shares of the company’s stock valued at $2,717,000 after acquiring an additional 149 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Henry Schein by 1.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 10,798 shares of the company’s stock valued at $802,000 after acquiring an additional 194 shares in the last quarter. Thompson Investment Management Inc. lifted its position in shares of Henry Schein by 2.3% in the third quarter. Thompson Investment Management Inc. now owns 8,840 shares of the company’s stock valued at $656,000 after acquiring an additional 200 shares in the last quarter. Finally, Wahed Invest LLC increased its holdings in shares of Henry Schein by 11.3% in the third quarter. Wahed Invest LLC now owns 2,035 shares of the company’s stock worth $151,000 after purchasing an additional 206 shares during the last quarter. 96.62% of the stock is currently owned by hedge funds and other institutional investors.

Henry Schein Trading Up 0.6 %

Shares of NASDAQ HSIC opened at $73.21 on Thursday. The business’s 50 day moving average is $74.29 and its two-hundred day moving average is $72.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.67 and a quick ratio of 1.00. Henry Schein, Inc. has a 1-year low of $60.01 and a 1-year high of $85.39. The stock has a market capitalization of $9.41 billion, a P/E ratio of 23.24, a PEG ratio of 1.79 and a beta of 0.87.

Henry Schein (NASDAQ:HSICGet Free Report) last announced its earnings results on Tuesday, February 27th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.04). Henry Schein had a net margin of 3.37% and a return on equity of 14.03%. The business had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $3 billion. During the same quarter last year, the firm earned $1.21 EPS. The firm’s quarterly revenue was down 10.5% on a year-over-year basis. As a group, research analysts expect that Henry Schein, Inc. will post 5.07 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HSIC shares. TheStreet raised Henry Schein from a “c+” rating to a “b-” rating in a report on Monday, February 26th. Leerink Partnrs reaffirmed a “market perform” rating on shares of Henry Schein in a report on Monday, February 26th. Piper Sandler lifted their target price on Henry Schein from $78.00 to $86.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. JPMorgan Chase & Co. lifted their target price on Henry Schein from $82.00 to $88.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Finally, Evercore ISI lifted their target price on Henry Schein from $79.00 to $83.00 and gave the stock an “in-line” rating in a report on Wednesday, February 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $81.09.

View Our Latest Analysis on Henry Schein

Insider Buying and Selling at Henry Schein

In other Henry Schein news, CEO Bradford C. Connett sold 6,430 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $74.28, for a total transaction of $477,620.40. Following the completion of the transaction, the chief executive officer now owns 73,108 shares in the company, valued at $5,430,462.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Henry Schein news, CEO Bradford C. Connett sold 6,430 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $74.28, for a total transaction of $477,620.40. Following the completion of the transaction, the chief executive officer now owns 73,108 shares in the company, valued at $5,430,462.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman James P. Breslawski sold 2,907 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $74.37, for a total value of $216,193.59. Following the completion of the sale, the insider now owns 209,562 shares of the company’s stock, valued at approximately $15,585,125.94. The disclosure for this sale can be found here. Company insiders own 1.14% of the company’s stock.

About Henry Schein

(Free Report)

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

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

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