Henry Schein (HSIC) : Davis R M Inc reduced its stake in Henry Schein by 1.63% during the most recent quarter end. The investment management company now holds a total of 255,903 shares of Henry Schein which is valued at $43,715,909 after selling 4,232 shares in Henry Schein , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Henry Schein makes up approximately 2.18% of Davis R M Inc’s portfolio.
Henry Schein opened for trading at $170.15 and hit $171.14 on the upside on Friday, eventually ending the session at $170.83, with a gain of 0.47% or 0.8 points. The heightened volatility saw the trading volume jump to 2,23,235 shares. Company has a market cap of $13,998 M.
Other Hedge Funds, Including , Vontobel Asset Management Inc boosted its stake in HSIC in the latest quarter, The investment management firm added 2,975 additional shares and now holds a total of 95,293 shares of Henry Schein which is valued at $16,278,903. Henry Schein makes up approx 0.13% of Vontobel Asset Management Inc’s portfolio.Coastline Trust Co reduced its stake in HSIC by selling 600 shares or 4.87% in the most recent quarter. The Hedge Fund company now holds 11,725 shares of HSIC which is valued at $1,993,016. Henry Schein makes up approx 0.42% of Coastline Trust Co’s portfolio.State Of Alaska Department Of Revenue boosted its stake in HSIC in the latest quarter, The investment management firm added 3,816 additional shares and now holds a total of 5,366 shares of Henry Schein which is valued at $912,113. Henry Schein makes up approx 0.09% of State Of Alaska Department Of Revenue’s portfolio.Creative Planning reduced its stake in HSIC by selling 105 shares or 1.9% in the most recent quarter. The Hedge Fund company now holds 5,416 shares of HSIC which is valued at $902,306. Henry Schein makes up approx 0.01% of Creative Planning’s portfolio.
On the company’s financial health, Henry Schein reported $1.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 10, 2016. Analyst had a consensus of $1.65. The company had revenue of $2850.91 million for the quarter, compared to analysts expectations of $2817.65 million. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS.
Many Wall Street Analysts have commented on Henry Schein. 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.Company shares were Reiterated by Piper Jaffray on Feb 11, 2016 to “Neutral”, Firm has raised the Price Target to $ 159 from a previous price target of $158 .
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.