Henry Schein, Inc. (NASDAQ:HSIC).
Swedbank increased its ownership in Henry Schein, Inc. shares by 1.4% in a 13F filing with the SEC. Its investment stood at $233,438,000 an increase of 9.2% as of quarter end.
The following firms have also recently changed their position in HSIC. Vontobel Asset Management Inc reduced its ownership by shedding 17,778 shares a decrease of 15.2% in the quarter. Vontobel Asset Management Inc now controls 99,315 shares with a value of $18,175,000. The total value of its holdings decreased 8.7%. Gateway Investment Advisers LLC downsized its stake by selling 71 shares a decrease of 0.2% as of 06/30/2017. Gateway Investment Advisers LLC claims 32,562 shares valued at $5,959,000. The value of the position overall is up by 7.4%.
As of quarter end Clinton Group Inc had disposed of 74,533 shares trimming its holdings by 97.2%. The value of the company’s investment in Henry Schein, Inc. went from $11,634,000 to $365,000 decreasing 96.9% quarter over quarter.
On June 12, 2017 PiperJaffray initiated coverage with an initial rating of “Neutral”. On October 14 the company was downgraded from “” to “Neutral” with a current price target of $164.00 in a statement from Baird.
On October 11, 2016 the stock rating was changed to a “Buy” in a report from Goldman Sachs which was a boost from the previous “” rating. Equity analyst added the stock to its research portfolio setting a rating of “Buy”.
On October 6 analysts at UBS started covering the stock giving it an initial rating of “Buy”. Bank of America began coverage with a rating of “Buy”.
The company is trading up by 1.27% since yesterday’s close of $180.68. It is currently trading at $182.98 which is slightly above the 50 day moving average of $182.32 and just a bit higher than the 200 day moving average of $169.72. The 50 day moving average went up $0.52 or +0.29% and the 200 day average went up $13.12 or +7.73%.
The most current P/E ratio is 27.79 and market capitalization 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 presently outstanding. Next quarter’s EPS is forecasted to be $1.80 and the next full year EPS is projected to be $8.05.
Short traders are feeling a little more bullish on Henry Schein, Inc. of late as indicated by the downtick in short interest. The stock realized a fall in short interest of -7.14% as of May 31, 2017 from the last reporting period. Short interest decreased 156,151 over that timeframe. With short interest at 2,031,233 and short average daily volume at 339,643, days to cover is 6.0 and the short interest percentage is 0.03% as of May 31.