Henry Schein, Inc. (NASDAQ:HSIC).
Swedbank reports that it bought 18,188 shares in quarter ending 06/30/2017 increasing its stake in Henry Schein, Inc. (HSIC) by 1.4%. Its position stood at $233,438,000 an increase of 9.2% as of the end of the quarter.
The following firms have also recently changed their position in HSIC. As of quarter end Vontobel Asset Management Inc had sold 17,778 shares trimming its position 15.2%. The value of the total investment in Henry Schein, Inc. decreased from $19,900,000 to $18,175,000 a change of $1,725,000 quarter over quarter. As of the end of the quarter Gateway Investment Advisers LLC had disposed of a total of 71 shares trimming its holdings by 0.2%. The value of the investment in HSIC went from $5,547,000 to $5,959,000 increasing 7.4% quarter to quarter.
Clinton Group Inc trimmed its position by shedding 74,533 shares a decrease of 97.2% as of 03/31/2017. Clinton Group Inc controls 2,153 shares with a value of $365,000. The total value of its holdings decreased 96.9%.
PiperJaffray began coverage with an initial rating of “Neutral”. On October 14 the stock rating was downgraded to “Neutral” from “” and a price target of $164.00 was set in a report issued by Baird.
On October 11 the company was changed to a “Buy” according to a Goldman Sachs report which is up from the previous “” rating. Equity analyst starting coverage on HSIC with a rating of “Buy”.
On October 6 analysts at UBS started coverage setting a rating of “Buy”. On September 12, 2016 Bank of America initiated coverage giving it an initial rating of “Buy”.
The company is so far trading up since yesterday’s close of $180.68. Company shares last traded at $182.98 which is just over the 50 day moving average which is $182.32 and which is marginally higher than the 200 day moving average of $169.72. The 50 day moving average moved up $0.52 whereas the 200 day average was up by +7.73%.
Henry Schein, Inc.’s P/E ratio is 27.79 and the market cap of the company is 14.50B. As of the last earnings report the EPS was $6.58 and is expected to be $7.28 for the current year with 79,329,000 shares currently outstanding. Next quarter’s EPS is estimated at $1.80 and the next full year EPS is projected to be $8.05.
Investors are more bullish on Henry Schein, Inc. of late at least if you consider the decrease in short interest. The company realized a fall in short interest between June 15, 2017 and May 31, 2017 of -7.14%. Short interest decreased 156,151 over that period. With short interest at 2,031,233 and short average daily volume at 339,643, the short-interest ratio is 6.0 and the percentage of shorted shares was 0.03% on May 31.