Henry Schein Inc. (HSIC) Stake Held by British Airways Pensions Investment Management Ltd
British Airways Pensions Investment Management Ltd held its stake in shares of Henry Schein Inc. (NASDAQ:HSIC) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 144,770 shares of the company’s stock at the end of the second quarter. British Airways Pensions Investment Management Ltd’s holdings in Henry Schein were worth $25,697,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the company. Wagner Bowman Management Corp bought a new stake in shares of Henry Schein during the second quarter valued at $231,000. Investment House LLC increased its stake in shares of Henry Schein by 5.5% in the second quarter. Investment House LLC now owns 22,090 shares of the company’s stock valued at $3,906,000 after buying an additional 1,150 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of Henry Schein during the second quarter valued at $32,344,000. MSI Financial Services Inc increased its stake in shares of Henry Schein by 49.4% in the second quarter. MSI Financial Services Inc now owns 3,307 shares of the company’s stock valued at $585,000 after buying an additional 1,094 shares in the last quarter. Finally, Shell Asset Management Co. increased its stake in shares of Henry Schein by 0.3% in the second quarter. Shell Asset Management Co. now owns 53,488 shares of the company’s stock valued at $9,457,000 after buying an additional 141 shares in the last quarter. Institutional investors and hedge funds own 91.97% of the company’s stock.
Shares of Henry Schein Inc. (NASDAQ:HSIC) traded up 1.28% during trading on Wednesday, reaching $164.88. 282,489 shares of the company’s stock traded hands. The company has a 50 day moving average of $163.64 and a 200-day moving average of $170.89. The company has a market capitalization of $13.49 billion, a price-to-earnings ratio of 27.93 and a beta of 1.03. Henry Schein Inc. has a 1-year low of $127.16 and a 1-year high of $183.00.
Henry Schein (NASDAQ:HSIC) last posted its earnings results on Thursday, August 4th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.01. The company had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.85 billion. Henry Schein had a return on equity of 17.84% and a net margin of 4.42%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $1.46 earnings per share. Equities analysts predict that Henry Schein Inc. will post $6.57 earnings per share for the current year.
Several brokerages have recently weighed in on HSIC. Zacks Investment Research downgraded shares of Henry Schein from a “hold” rating to a “sell” rating in a research report on Tuesday. Bank of America Corp. initiated coverage on shares of Henry Schein in a report on Monday, September 12th. They issued a “buy” rating and a $185.00 target price on the stock. Finally, Credit Suisse Group AG reaffirmed a “hold” rating on shares of Henry Schein in a report on Saturday, June 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $157.84.
In other Henry Schein news, Director Paul Brons sold 3,381 shares of the firm’s stock in a transaction on Monday, August 29th. The stock was sold at an average price of $164.03, for a total value of $554,585.43. Following the sale, the director now directly owns 13,715 shares in the company, valued at $2,249,671.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.27% of the stock is owned by company insiders.
Henry Schein Company Profile
Henry Schein, Inc is a provider of health care products and services to office-based dental, animal health and medical practitioners. The Company’s segments include healthcare distribution, and technology and value-added services. The healthcare distribution segment aggregates its global dental, animal health and medical operating segments.
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