NTV Asset Management LLC Has $301,000 Stake in Henry Schein, Inc. (HSIC)
NTV Asset Management LLC continued to hold its position in shares of Henry Schein, Inc. (NASDAQ:HSIC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,650 shares of the company’s stock at the end of the second quarter. NTV Asset Management LLC’s holdings in Henry Schein were worth $301,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in HSIC. BlackRock Inc. boosted its position in shares of Henry Schein by 2,999.6% in the first quarter. BlackRock Inc. now owns 5,595,279 shares of the company’s stock valued at $951,028,000 after buying an additional 5,414,761 shares in the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in shares of Henry Schein during the first quarter valued at about $50,281,000. Marshall Wace North America L.P. purchased a new position in shares of Henry Schein during the first quarter valued at about $50,281,000. PGGM Investments bought a new stake in shares of Henry Schein during the second quarter valued at approximately $32,623,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Henry Schein by 12.4% in the first quarter. JPMorgan Chase & Co. now owns 1,515,861 shares of the company’s stock valued at $257,650,000 after buying an additional 167,213 shares during the last quarter. 89.08% of the stock is currently owned by institutional investors.
Henry Schein, Inc. (NASDAQ HSIC) opened at 169.58 on Tuesday. The stock’s 50 day moving average is $177.99 and its 200-day moving average is $175.84. The firm has a market cap of $13.41 billion, a P/E ratio of 24.78 and a beta of 1.09. Henry Schein, Inc. has a 1-year low of $146.23 and a 1-year high of $186.99. Henry Schein’s stock is scheduled to split on Friday, September 15th. The 2-1 split was announced on Wednesday, August 16th. The newly issued shares will be payable to shareholders after the closing bell on Thursday, September 14th.
Henry Schein (NASDAQ:HSIC) last issued its earnings results on Tuesday, August 8th. The company reported $1.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.73 by $0.02. The firm had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.05 billion. Henry Schein had a return on equity of 19.91% and a net margin of 4.59%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.64 EPS. Analysts forecast that Henry Schein, Inc. will post $7.27 EPS for the current year.
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Several equities research analysts have commented on HSIC shares. Zacks Investment Research lowered shares of Henry Schein from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Northcoast Research upgraded shares of Henry Schein from a “neutral” rating to a “buy” rating and set a $218.00 target price on the stock in a research report on Monday, August 7th. BidaskClub lowered shares of Henry Schein from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Jefferies Group LLC restated a “hold” rating and set a $177.00 target price on shares of Henry Schein in a research report on Friday, July 21st. Finally, Piper Jaffray Companies started coverage on shares of Henry Schein in a research report on Monday, June 12th. They set a “neutral” rating and a $200.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. Henry Schein currently has an average rating of “Hold” and an average target price of $185.56.
Henry Schein Company Profile
Henry Schein, Inc is a provider of healthcare products and services primarily to office-based dental, animal health and medical practitioners. The Company operates through two segments: healthcare distribution, and technology and value-added services. The healthcare distribution segment distributes consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins.
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