Henry Schein (HSIC) : Green Valley Investors reduced its stake in Henry Schein by 8.14% during the most recent quarter end. The investment management company now holds a total of 542,285 shares of Henry Schein which is valued at $93.3 Million after selling 48,055 shares in Henry Schein , the firm said in a disclosure report filed with the SEC on May 13, 2016.Henry Schein makes up approximately 2.27% of Green Valley Investors’s portfolio.
Other Hedge Funds, Including , Mizuho Asset Managementltd. reduced its stake in HSIC by selling 531 shares or 52.11% in the most recent quarter. The Hedge Fund company now holds 488 shares of HSIC which is valued at $83,921. Henry Schein makes up approx 0.02% of Mizuho Asset Managementltd.’s portfolio.Park Avenue Institutional Advisers reduced its stake in HSIC by selling 22 shares or 4.04% in the most recent quarter. The Hedge Fund company now holds 523 shares of HSIC which is valued at $89,940. Henry Schein makes up approx 0.08% of Park Avenue Institutional Advisers’s portfolio.Victory Capital Management Inc reduced its stake in HSIC by selling 3,856 shares or 47.46% in the most recent quarter. The Hedge Fund company now holds 4,268 shares of HSIC which is valued at $733,968.Azimuth Capital Management boosted its stake in HSIC in the latest quarter, The investment management firm added 910 additional shares and now holds a total of 37,385 shares of Henry Schein which is valued at $6.4 Million. Henry Schein makes up approx 0.61% of Azimuth Capital Management’s portfolio.
Henry Schein closed down -1.21 points or -0.70% at $171.53 with 3,79,302 shares getting traded on Wednesday. Post opening the session at $172.86, the shares hit an intraday low of $171.24 and an intraday high of $173.32 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Henry Schein reported $1.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 3, 2016. Analyst had a consensus of $1.39. The company had revenue of $2712.96 million for the quarter, compared to analysts expectations of $2667.28 million. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.
Many Wall Street Analysts have commented on Henry Schein. Company shares were Reiterated by Barrington Research on May 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 188 from a previous price target of $182 .Henry Schein was Initiated by Credit Suisse to “Neutral” on Mar 16, 2016. Barrington Research Upgraded Henry Schein on Mar 1, 2016 to ” Outperform”, Price Target of the shares are set at $182.
Henry Schein Inc. provides health care products and services to office-based dental animal health and medical practitioners. The Company operates its business through two segments: health care distribution and technology and value-added services. The health care distribution segment distributes consumable products laboratory products equipment repair services branded and generic pharmaceuticals vaccines surgical products diagnostic tests infection-control products and vitamins among others. The Company’s global technology and value-added services segment provides software technology and other value-added services to health care practitioners. Its offerings include practice management software systems for dental and medical practitioners and animal health clinics. Its value-added practice solutions include financial services on a non-recourse basis e-services practice technology network and hardware services as well as continuing education services for practitioners.