Henry Schein, Inc. (NASDAQ:HSIC) Shares Bought by Simplify Asset Management Inc.

Simplify Asset Management Inc. raised its position in Henry Schein, Inc. (NASDAQ:HSIC) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,695 shares of the company’s stock after purchasing an additional 175 shares during the period. Simplify Asset Management Inc.’s holdings in Henry Schein were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Empirical Finance LLC lifted its holdings in shares of Henry Schein by 3.5% in the first quarter. Empirical Finance LLC now owns 4,764 shares of the company’s stock valued at $360,000 after purchasing an additional 160 shares in the last quarter. Covestor Ltd increased its stake in shares of Henry Schein by 12.8% in the first quarter. Covestor Ltd now owns 1,511 shares of the company’s stock worth $114,000 after buying an additional 171 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Henry Schein by 3.2% during the second quarter. Sequoia Financial Advisors LLC now owns 5,680 shares of the company’s stock valued at $364,000 after purchasing an additional 176 shares during the last quarter. Wahed Invest LLC boosted its holdings in shares of Henry Schein by 9.2% during the fourth quarter. Wahed Invest LLC now owns 2,222 shares of the company’s stock valued at $168,000 after acquiring an additional 187 shares during the period. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Henry Schein by 1.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 13,090 shares of the company’s stock valued at $991,000 after buying an additional 197 shares during the last quarter. 96.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Henry Schein

In other Henry Schein news, SVP Lorelei Mcglynn sold 21,035 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $69.30, for a total value of $1,457,725.50. Following the completion of the transaction, the senior vice president now owns 71,833 shares of the company’s stock, valued at $4,978,026.90. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.14% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HSIC shares. Baird R W raised shares of Henry Schein from a “hold” rating to a “strong-buy” rating in a report on Monday, July 22nd. JPMorgan Chase & Co. cut their price target on Henry Schein from $88.00 to $80.00 and set an “overweight” rating for the company in a report on Monday, August 12th. UBS Group cut their target price on shares of Henry Schein from $75.00 to $72.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Robert W. Baird lowered their price objective on Henry Schein from $92.00 to $82.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $86.00 price target on shares of Henry Schein in a research note on Friday, June 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $77.10.

Henry Schein Price Performance

HSIC opened at $72.54 on Friday. Henry Schein, Inc. has a 52-week low of $60.01 and a 52-week high of $82.63. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.90 and a current ratio of 1.55. The stock’s 50 day moving average price is $69.77 and its 200-day moving average price is $70.42. The stock has a market capitalization of $9.29 billion, a PE ratio of 24.51, a price-to-earnings-growth ratio of 1.88 and a beta of 0.86.

Henry Schein (NASDAQ:HSIC) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.01. The business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.27 billion. Henry Schein had a net margin of 2.82% and a return on equity of 13.19%. Henry Schein’s revenue was up .0% compared to the same quarter last year. During the same period last year, the business earned $1.31 EPS. On average, equities research analysts predict that Henry Schein, Inc. will post 4.75 EPS for the current year.

Henry Schein Profile

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.