Henry Schein, Inc. (NASDAQ:HSIC) Shares Purchased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its position in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 13.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,675 shares of the company’s stock after acquiring an additional 541 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Henry Schein were worth $324,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Marshall Wace LLP acquired a new stake in Henry Schein during the 2nd quarter worth approximately $851,000. Millennium Management LLC increased its position in shares of Henry Schein by 287.7% in the second quarter. Millennium Management LLC now owns 146,877 shares of the company’s stock worth $9,415,000 after acquiring an additional 108,988 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Henry Schein by 84.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,189 shares of the company’s stock valued at $204,000 after acquiring an additional 1,456 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Henry Schein during the 2nd quarter valued at $351,000. Finally, Handelsbanken Fonder AB boosted its position in Henry Schein by 41.9% during the 3rd quarter. Handelsbanken Fonder AB now owns 34,900 shares of the company’s stock worth $2,544,000 after purchasing an additional 10,300 shares during the period. 96.62% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Henry Schein

In other news, COO Michael S. Ettinger sold 12,240 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were 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 owns 87,706 shares in the company, valued at approximately $6,577,950. This represents a 12.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.14% of the company’s stock.

Henry Schein Trading Up 1.7 %

NASDAQ:HSIC opened at $81.91 on Thursday. The company has a market cap of $10.21 billion, a PE ratio of 33.71, a P/E/G ratio of 2.21 and a beta of 0.91. The business’s 50 day moving average is $73.62 and its two-hundred day moving average is $71.67. The company has a quick ratio of 0.82, a current ratio of 1.42 and a debt-to-equity ratio of 0.46. Henry Schein, Inc. has a 52 week low of $63.67 and a 52 week high of $82.63.

Henry Schein (NASDAQ:HSIC) last announced its quarterly earnings data 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. Henry Schein had a return on equity of 12.90% and a net margin of 2.51%. The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.24 billion. During the same period last year, the business posted $1.32 earnings per share. The firm’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts predict that Henry Schein, Inc. will post 4.76 EPS for the current year.

Analyst Ratings Changes

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

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.