GHP Investment Advisors Inc. Grows Stock Holdings in Henry Schein, Inc. (NASDAQ:HSIC)

GHP Investment Advisors Inc. grew its holdings in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 2.2% during the fourth quarter, HoldingsChannel reports. The firm owned 55,739 shares of the company’s stock after purchasing an additional 1,176 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Henry Schein were worth $3,857,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Private Management Group Inc. increased its stake in Henry Schein by 5.7% in the fourth quarter. Private Management Group Inc. now owns 350,515 shares of the company’s stock valued at $24,256,000 after purchasing an additional 18,882 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Henry Schein by 29.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,854 shares of the company’s stock worth $1,113,000 after buying an additional 3,650 shares during the last quarter. Mather Group LLC. grew its holdings in Henry Schein by 43.7% in the 4th quarter. Mather Group LLC. now owns 1,503 shares of the company’s stock valued at $104,000 after buying an additional 457 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in shares of Henry Schein by 1.1% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 47,550 shares of the company’s stock valued at $3,290,000 after acquiring an additional 495 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Henry Schein by 13.1% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,675 shares of the company’s stock worth $324,000 after acquiring an additional 541 shares during the period. Hedge funds and other institutional investors own 96.62% of the company’s stock.

Analysts Set New Price Targets

HSIC has been the subject of a number of recent analyst reports. Mizuho assumed coverage on shares of Henry Schein in a report on Wednesday, December 4th. They issued a “neutral” rating and a $75.00 target price for the company. Bank of America upgraded Henry Schein from an “underperform” rating to a “buy” rating and lifted their target price for the company from $69.00 to $84.00 in a report on Monday, January 6th. Jefferies Financial Group upped their price target on Henry Schein from $77.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. StockNews.com raised Henry Schein from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Barrington Research increased their target price on shares of Henry Schein from $82.00 to $90.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $80.10.

Henry Schein Trading Down 2.5 %

HSIC opened at $79.85 on Friday. The firm’s 50 day moving average is $73.66 and its 200-day moving average is $71.73. Henry Schein, Inc. has a 52-week low of $63.67 and a 52-week high of $82.63. The company has a quick ratio of 0.82, a current ratio of 1.42 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $9.96 billion, a P/E ratio of 32.86, a P/E/G ratio of 2.21 and a beta of 0.91.

Henry Schein (NASDAQ:HSIC) last released its quarterly earnings results on Tuesday, November 5th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.24 billion. Henry Schein had a net margin of 2.51% and a return on equity of 12.90%. The firm’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.32 EPS. Analysts expect that Henry Schein, Inc. will post 4.76 EPS for the current fiscal year.

Insider Activity

In other news, COO Michael S. Ettinger sold 12,240 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $75.00, for a total transaction of $918,000.00. Following the completion of the transaction, the chief operating officer now directly owns 87,706 shares in the company, valued at approximately $6,577,950. This represents a 12.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.14% of the company’s stock.

About Henry Schein

Henry Schein, Inc provides health care products and services to dental practitioners, laboratories, physician practices, and 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.