Teachers Retirement System of The State of Kentucky Has $706,000 Stock Holdings in Henry Schein, Inc. (NASDAQ:HSIC)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 10.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,684 shares of the company’s stock after selling 1,077 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Henry Schein were worth $706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Toronto Dominion Bank boosted its holdings in Henry Schein by 68.3% in the third quarter. Toronto Dominion Bank now owns 62,779 shares of the company’s stock worth $4,577,000 after acquiring an additional 25,474 shares in the last quarter. M&T Bank Corp raised its position in shares of Henry Schein by 4.5% during the third quarter. M&T Bank Corp now owns 10,990 shares of the company’s stock worth $802,000 after purchasing an additional 472 shares during the period. Barclays PLC lifted its holdings in shares of Henry Schein by 6.9% in the 3rd quarter. Barclays PLC now owns 286,475 shares of the company’s stock worth $20,882,000 after purchasing an additional 18,458 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its position in Henry Schein by 1.0% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 38,816 shares of the company’s stock valued at $2,830,000 after purchasing an additional 373 shares during the period. Finally, MML Investors Services LLC increased its stake in Henry Schein by 5.1% during the 3rd quarter. MML Investors Services LLC now owns 11,000 shares of the company’s stock valued at $802,000 after purchasing an additional 535 shares in the last quarter. Institutional investors own 96.62% of the company’s stock.

Insider Activity

In other Henry Schein news, COO Michael S. Ettinger sold 12,240 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $75.00, for a total value of $918,000.00. Following the sale, the chief operating officer now directly owns 87,706 shares in the company, valued at $6,577,950. The trade was a 12.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.14% of the company’s stock.

Wall Street Analysts Forecast Growth

HSIC has been the topic of a number of recent research reports. StockNews.com raised shares of Henry Schein from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Barrington Research reaffirmed an “outperform” rating and issued a $82.00 price target on shares of Henry Schein in a research report on Wednesday, November 6th. Mizuho assumed coverage on Henry Schein in a report on Wednesday, December 4th. They set a “neutral” rating and a $75.00 price objective for the company. Finally, Evercore ISI raised their target price on Henry Schein from $70.00 to $74.00 and gave the company an “in-line” rating in a report on Tuesday, October 8th. Seven investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Henry Schein currently has an average rating of “Moderate Buy” and a consensus price target of $78.89.

Henry Schein Stock Performance

Shares of Henry Schein stock opened at $70.61 on Thursday. The firm has a market capitalization of $8.80 billion, a P/E ratio of 29.06, a price-to-earnings-growth ratio of 2.31 and a beta of 0.87. The company has a current ratio of 1.42, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The business’s fifty day simple moving average is $72.43 and its 200 day simple moving average is $70.13. Henry Schein, Inc. has a 12 month low of $63.67 and a 12 month high of $82.63.

Henry Schein (NASDAQ:HSIC) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Henry Schein had a net margin of 2.51% and a return on equity of 12.90%. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.24 billion. During the same period in the previous year, the firm earned $1.32 EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis. As a group, analysts anticipate that Henry Schein, Inc. will post 4.78 EPS for the current year.

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.