Henry Schein, Inc. (NASDAQ:HSIC) Stock Holdings Lifted by Pathstone Family Office LLC

Pathstone Family Office LLC boosted its holdings in shares of Henry Schein, Inc. (NASDAQ:HSICFree Report) by 84.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,672 shares of the company’s stock after purchasing an additional 8,093 shares during the period. Pathstone Family Office LLC’s holdings in Henry Schein were worth $1,312,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HSIC. Cambridge Investment Research Advisors Inc. increased its holdings in Henry Schein by 2.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,262 shares of the company’s stock valued at $459,000 after purchasing an additional 122 shares in the last quarter. HighTower Advisors LLC increased its holdings in Henry Schein by 18.9% during the 1st quarter. HighTower Advisors LLC now owns 14,030 shares of the company’s stock valued at $1,220,000 after purchasing an additional 2,226 shares in the last quarter. MetLife Investment Management LLC increased its holdings in Henry Schein by 23.2% during the 1st quarter. MetLife Investment Management LLC now owns 37,733 shares of the company’s stock valued at $3,290,000 after purchasing an additional 7,095 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Henry Schein by 6.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,555 shares of the company’s stock valued at $1,618,000 after buying an additional 1,149 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Henry Schein by 4.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,300,357 shares of the company’s stock valued at $113,386,000 after buying an additional 51,106 shares during the period. 93.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HSIC has been the subject of several research reports. StockNews.com cut Henry Schein from a “buy” rating to a “hold” rating in a research note on Monday, December 4th. Piper Sandler lowered their target price on Henry Schein from $94.00 to $84.00 and set an “overweight” rating for the company in a research note on Thursday, October 26th. Morgan Stanley lowered their target price on Henry Schein from $69.00 to $65.00 and set an “underweight” rating for the company in a research note on Tuesday, November 14th. Stifel Nicolaus reissued a “buy” rating and issued a $75.00 target price on shares of Henry Schein in a research note on Monday, November 27th. Finally, Barrington Research lowered their target price on Henry Schein from $90.00 to $82.00 and set an “outperform” rating for the company in a research note on Tuesday, November 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $79.25.

View Our Latest Stock Report on HSIC

Insiders Place Their Bets

In other Henry Schein news, CEO Stanley M. Bergman sold 13,962 shares of Henry Schein stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $75.14, for a total transaction of $1,049,104.68. Following the transaction, the chief executive officer now directly owns 168,633 shares in the company, valued at $12,671,083.62. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Bradford C. Connett sold 11,238 shares of the business’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $74.02, for a total value of $831,836.76. Following the sale, the chief executive officer now directly owns 57,831 shares in the company, valued at $4,280,650.62. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Stanley M. Bergman sold 13,962 shares of the business’s stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $75.14, for a total value of $1,049,104.68. Following the completion of the sale, the chief executive officer now owns 168,633 shares in the company, valued at $12,671,083.62. The disclosure for this sale can be found here. Corporate insiders own 1.14% of the company’s stock.

Henry Schein Stock Up 2.7 %

Shares of Henry Schein stock opened at $75.73 on Tuesday. The business has a fifty day simple moving average of $74.26 and a 200 day simple moving average of $72.92. The company has a quick ratio of 1.09, a current ratio of 1.97 and a debt-to-equity ratio of 0.42. The stock has a market cap of $9.84 billion, a PE ratio of 22.54, a price-to-earnings-growth ratio of 2.42 and a beta of 0.87. Henry Schein, Inc. has a 12 month low of $60.01 and a 12 month high of $89.60.

Henry Schein (NASDAQ:HSICGet Free Report) last posted its earnings results on Monday, November 13th. The company reported $1.32 earnings per share for the quarter, hitting the consensus estimate of $1.32. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.21 billion. Henry Schein had a return on equity of 16.08% and a net margin of 3.51%. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.15 earnings per share. Research analysts predict that Henry Schein, Inc. will post 4.56 EPS for the current year.

About Henry Schein

(Free Report)

Henry Schein, Inc provides health care products and services to dental practitioners and laboratories, physician practices, ambulatory surgery centers, government, institutional health care clinics, and other alternate care clinics worldwide. It operates through two segments, Health Care Distribution, and Technology and Value-Added Services.

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Institutional Ownership by Quarter for Henry Schein (NASDAQ:HSIC)

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