Henry Schein, Inc. (NASDAQ:HSIC) Position Increased by Nordea Investment Management AB

Nordea Investment Management AB raised its position in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 8.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,974 shares of the company’s stock after buying an additional 869 shares during the quarter. Nordea Investment Management AB’s holdings in Henry Schein were worth $761,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of HSIC. Cromwell Holdings LLC lifted its stake in Henry Schein by 93.4% during the third quarter. Cromwell Holdings LLC now owns 352 shares of the company’s stock valued at $26,000 after buying an additional 170 shares in the last quarter. Versant Capital Management Inc lifted its position 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 in the last quarter. Farther Finance Advisors LLC lifted its position 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 in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Henry Schein by 282.1% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,490 shares of the company’s stock worth $109,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Henry Schein in the third quarter worth approximately $109,000. 96.62% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on HSIC shares. Evercore ISI increased their price target on shares of Henry Schein from $70.00 to $74.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 8th. StockNews.com raised shares of Henry Schein from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Mizuho started coverage on shares of Henry Schein in a research report on Wednesday, December 4th. They issued a “neutral” rating and a $75.00 price target for the company. Barrington Research reissued an “outperform” rating and issued a $82.00 price target on shares of Henry Schein in a research report on Wednesday, November 6th. Finally, Bank of America raised shares of Henry Schein from an “underperform” rating to a “buy” rating and raised their price objective for the company from $69.00 to $84.00 in a research report on Monday, January 6th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $79.40.

Henry Schein Trading Down 2.0 %

Shares of HSIC stock opened at $69.67 on Monday. Henry Schein, Inc. has a 12 month low of $63.67 and a 12 month high of $82.63. The company has a quick ratio of 0.82, a current ratio of 1.42 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $72.14 and its two-hundred day moving average is $70.43. The company has a market cap of $8.69 billion, a PE ratio of 28.67, a price-to-earnings-growth ratio of 2.30 and a beta of 0.89.

Henry Schein (NASDAQ:HSIC) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. Henry Schein had a return on equity of 12.90% and a net margin of 2.51%. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter last year, the company posted $1.32 earnings per share. The company’s revenue for the quarter was up .4% compared to the same quarter last year. Equities analysts predict that Henry Schein, Inc. will post 4.78 EPS for the current year.

Insider Buying and Selling at Henry Schein

In other Henry Schein news, COO Michael S. Ettinger sold 12,240 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $75.00, for a total transaction of $918,000.00. Following the transaction, the chief operating officer now owns 87,706 shares in the company, valued at $6,577,950. This trade represents a 12.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.14% of the company’s stock.

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.