Ridgewood Investments LLC lessened its stake in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 2.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,200 shares of the company’s stock after selling 566 shares during the quarter. Henry Schein accounts for about 1.3% of Ridgewood Investments LLC’s holdings, making the stock its 11th biggest holding. Ridgewood Investments LLC’s holdings in Henry Schein were worth $1,635,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of HSIC. PGGM Investments raised its holdings in Henry Schein by 19.2% in the first quarter. PGGM Investments now owns 310,397 shares of the company’s stock valued at $18,658,000 after acquiring an additional 50,000 shares in the last quarter. NuWave Investment Management LLC raised its holdings in Henry Schein by 6,424.6% in the first quarter. NuWave Investment Management LLC now owns 4,241 shares of the company’s stock valued at $254,000 after acquiring an additional 4,176 shares in the last quarter. Bell Asset Management Ltd raised its holdings in Henry Schein by 25.1% in the first quarter. Bell Asset Management Ltd now owns 137,262 shares of the company’s stock valued at $8,251,000 after acquiring an additional 27,499 shares in the last quarter. Chartwell Investment Partners LLC raised its holdings in Henry Schein by 3.8% in the first quarter. Chartwell Investment Partners LLC now owns 28,797 shares of the company’s stock valued at $1,731,000 after acquiring an additional 1,048 shares in the last quarter. Finally, DNB Asset Management AS raised its holdings in Henry Schein by 857.6% in the first quarter. DNB Asset Management AS now owns 203,510 shares of the company’s stock valued at $12,233,000 after acquiring an additional 182,259 shares in the last quarter.

Shares of HSIC traded down $0.02 during mid-day trading on Monday, reaching $61.76. 26,426 shares of the company’s stock were exchanged, compared to its average volume of 1,371,854. The company has a current ratio of 1.30, a quick ratio of 0.68 and a debt-to-equity ratio of 0.28. The firm has a market cap of $9.23 billion, a PE ratio of 14.96, a price-to-earnings-growth ratio of 2.27 and a beta of 0.88. Henry Schein, Inc. has a 52-week low of $56.58 and a 52-week high of $91.35.

Henry Schein (NASDAQ:HSIC) last announced its earnings results on Wednesday, February 20th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.46 billion. Henry Schein had a net margin of 4.06% and a return on equity of 19.86%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the firm posted $0.97 earnings per share. As a group, equities research analysts forecast that Henry Schein, Inc. will post 3.43 EPS for the current fiscal year.

Several analysts recently weighed in on HSIC shares. BidaskClub cut shares of Henry Schein from a “strong-buy” rating to a “buy” rating in a report on Friday, January 4th. Craig Hallum cut their price objective on shares of Henry Schein from $96.00 to $72.00 and set a “buy” rating on the stock in a report on Tuesday, February 19th. Barrington Research reissued a “buy” rating and set a $72.00 price objective on shares of Henry Schein in a report on Thursday, February 21st. Barclays cut their price objective on shares of Henry Schein from $73.00 to $63.00 and set an “equal weight” rating on the stock in a report on Thursday, February 21st. Finally, Zacks Investment Research raised shares of Henry Schein from a “sell” rating to a “hold” rating in a report on Wednesday, January 30th. Seven equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. Henry Schein has an average rating of “Hold” and an average price target of $79.87.

In other news, Director Philip A. Laskawy sold 3,591 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $59.12, for a total transaction of $212,299.92. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Philip A. Laskawy sold 1,084 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $59.86, for a total transaction of $64,888.24. Following the transaction, the director now owns 32,899 shares in the company, valued at $1,969,334.14. The disclosure for this sale can be found here. Company insiders own 1.15% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Henry Schein, Inc. (HSIC) Shares Sold by Ridgewood Investments LLC” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/henry-schein-inc-hsic-shares-sold-by-ridgewood-investments-llc/2964293.html.

Henry Schein Profile

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

Further Reading: Growth Stocks, What They Are, What They Are Not

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.