Mackay Shields LLC Purchases New Position in Henry Schein Inc (HSIC)

Mackay Shields LLC purchased a new position in shares of Henry Schein Inc (NASDAQ:HSIC) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 26,419 shares of the company’s stock, valued at approximately $1,776,000.

Several other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in Henry Schein by 353.7% during the 4th quarter. Jane Street Group LLC now owns 44,893 shares of the company’s stock worth $3,138,000 after purchasing an additional 34,999 shares in the last quarter. Laurel Grove Capital LLC lifted its holdings in Henry Schein by 39.6% during the 4th quarter. Laurel Grove Capital LLC now owns 17,241 shares of the company’s stock worth $1,205,000 after purchasing an additional 4,891 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Henry Schein by 5.2% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 249,817 shares of the company’s stock worth $17,457,000 after purchasing an additional 12,271 shares in the last quarter. AXA lifted its holdings in Henry Schein by 513.5% during the 4th quarter. AXA now owns 624,368 shares of the company’s stock worth $43,631,000 after purchasing an additional 522,600 shares in the last quarter. Finally, Meadow Creek Investment Management LLC lifted its holdings in Henry Schein by 25.5% during the 4th quarter. Meadow Creek Investment Management LLC now owns 211,932 shares of the company’s stock worth $14,810,000 after purchasing an additional 43,064 shares in the last quarter. Institutional investors own 96.49% of the company’s stock.

A number of analysts recently issued reports on the company. Barclays reissued a “hold” rating and set a $73.00 price objective on shares of Henry Schein in a report on Wednesday, May 9th. Barrington Research dropped their price objective on Henry Schein to $88.00 and set an “outperform” rating on the stock in a report on Thursday, May 10th. TheStreet raised Henry Schein from a “c” rating to a “b-” rating in a report on Monday, May 14th. Zacks Investment Research cut Henry Schein from a “buy” rating to a “hold” rating in a report on Thursday, May 10th. Finally, Deutsche Bank increased their price objective on Henry Schein from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, April 24th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $81.59.

NASDAQ:HSIC opened at $71.94 on Friday. Henry Schein Inc has a twelve month low of $62.56 and a twelve month high of $93.50. The stock has a market capitalization of $11.08 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 1.72 and a beta of 1.04. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.74 and a current ratio of 1.44.

Henry Schein (NASDAQ:HSIC) last released its quarterly earnings results on Tuesday, May 8th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.03. Henry Schein had a return on equity of 19.68% and a net margin of 3.18%. The firm had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter last year, the firm posted $0.88 EPS. The company’s revenue was up 10.2% compared to the same quarter last year. research analysts expect that Henry Schein Inc will post 4.1 earnings per share for the current fiscal year.

Henry Schein Company 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.

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

Receive News & Ratings for Henry Schein Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Henry Schein and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply