Dakota Wealth Management Has $1.21 Million Stake in Henry Schein, Inc. (NASDAQ:HSIC)

Dakota Wealth Management increased its holdings in Henry Schein, Inc. (NASDAQ:HSIC - Free Report) by 34.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,656 shares of the company's stock after purchasing an additional 4,551 shares during the period. Dakota Wealth Management's holdings in Henry Schein were worth $1,209,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in Henry Schein by 237.3% in the first quarter. Farther Finance Advisors LLC now owns 2,698 shares of the company's stock worth $186,000 after purchasing an additional 1,898 shares in the last quarter. State of Alaska Department of Revenue lifted its position in Henry Schein by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 14,611 shares of the company's stock worth $1,000,000 after acquiring an additional 395 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in Henry Schein by 5.2% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 13,745 shares of the company's stock worth $941,000 after acquiring an additional 678 shares during the last quarter. GAMMA Investing LLC lifted its position in Henry Schein by 37.8% during the 1st quarter. GAMMA Investing LLC now owns 3,939 shares of the company's stock worth $270,000 after acquiring an additional 1,081 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in Henry Schein by 12.6% during the 4th quarter. Wellington Management Group LLP now owns 6,902 shares of the company's stock worth $478,000 after acquiring an additional 775 shares during the last quarter. 96.62% of the stock is currently owned by institutional investors.

Henry Schein Price Performance

NASDAQ:HSIC traded up $0.18 during mid-day trading on Thursday, hitting $69.50. The company's stock had a trading volume of 1,350,486 shares, compared to its average volume of 1,744,726. Henry Schein, Inc. has a fifty-two week low of $60.56 and a fifty-two week high of $82.49. The company has a current ratio of 1.38, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $8.46 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 2.24 and a beta of 0.87. The stock has a fifty day moving average of $71.80 and a 200-day moving average of $71.32.

Henry Schein (NASDAQ:HSIC - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. Henry Schein had a net margin of 3.21% and a return on equity of 14.87%. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.24 billion. During the same quarter in the prior year, the business posted $1.10 earnings per share. The company's quarterly revenue was down .1% compared to the same quarter last year. As a group, equities analysts forecast that Henry Schein, Inc. will post 4.74 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Baird R W lowered shares of Henry Schein from a "strong-buy" rating to a "hold" rating in a research report on Monday. Robert W. Baird reissued a "neutral" rating and set a $72.00 target price (down previously from $82.00) on shares of Henry Schein in a research report on Monday. Wells Fargo & Company cut their target price on shares of Henry Schein from $80.00 to $75.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 6th. Evercore ISI boosted their target price on shares of Henry Schein from $72.00 to $78.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 9th. Finally, Wall Street Zen lowered shares of Henry Schein from a "buy" rating to a "hold" rating in a research report on Thursday, April 17th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Henry Schein has an average rating of "Hold" and an average target price of $78.36.

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.