Henry Schein, Inc. (NASDAQ:HSIC) Shares Sold by Radnor Capital Management LLC

Radnor Capital Management LLC lessened its holdings in Henry Schein, Inc. (NASDAQ:HSIC - Free Report) by 25.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,235 shares of the company's stock after selling 3,855 shares during the period. Radnor Capital Management LLC's holdings in Henry Schein were worth $777,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in HSIC. Signal Advisors Wealth LLC lifted its position in Henry Schein by 15.5% during the fourth quarter. Signal Advisors Wealth LLC now owns 5,382 shares of the company's stock valued at $372,000 after purchasing an additional 723 shares in the last quarter. Bridge Creek Capital Management LLC lifted its position in shares of Henry Schein by 0.7% during the 4th quarter. Bridge Creek Capital Management LLC now owns 38,763 shares of the company's stock valued at $2,682,000 after buying an additional 260 shares in the last quarter. City State Bank bought a new position in shares of Henry Schein during the 4th quarter valued at approximately $55,000. Czech National Bank grew its stake in shares of Henry Schein by 4.7% during the 4th quarter. Czech National Bank now owns 27,034 shares of the company's stock valued at $1,871,000 after acquiring an additional 1,223 shares during the period. Finally, Pensionfund Sabic raised its stake in Henry Schein by 34.5% during the 4th quarter. Pensionfund Sabic now owns 19,500 shares of the company's stock worth $1,349,000 after acquiring an additional 5,000 shares during the period. 96.62% of the stock is currently owned by institutional investors.

Insider Activity

In other Henry Schein news, COO Michael S. Ettinger sold 12,240 shares of the firm'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 transaction, the chief operating officer now owns 87,706 shares in the company, valued at approximately $6,577,950. This trade represents a 12.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HSIC shares. Bank of America raised Henry Schein from an "underperform" rating to a "buy" rating and upped their price objective for the stock from $69.00 to $84.00 in a research note on Monday, January 6th. Evercore ISI boosted their price objective on Henry Schein from $70.00 to $74.00 and gave the stock an "in-line" rating in a research note on Tuesday, October 8th. Barrington Research reiterated an "outperform" rating and issued a $82.00 target price on shares of Henry Schein in a report on Wednesday, November 6th. Mizuho began coverage on Henry Schein in a report on Wednesday, December 4th. They set a "neutral" rating and a $75.00 price target on the stock. Finally, StockNews.com raised shares of Henry Schein from a "sell" rating to a "hold" rating in a research note on Thursday, November 7th. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $79.40.

Henry Schein Stock Up 0.8 %

Shares of NASDAQ:HSIC traded up $0.60 during trading hours on Thursday, hitting $71.75. The company's stock had a trading volume of 990,199 shares, compared to its average volume of 953,830. The firm's fifty day moving average price is $72.18 and its 200 day moving average price is $70.57. Henry Schein, Inc. has a 52 week low of $63.67 and a 52 week high of $82.63. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 29.53, a P/E/G ratio of 1.90 and a beta of 0.89. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.42 and a quick ratio of 0.82.

Henry Schein (NASDAQ:HSIC - Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported $1.22 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.17 billion for the quarter, compared to analysts' expectations of $3.24 billion. During the same quarter last year, the firm earned $1.32 EPS. The business's revenue for the quarter was up .4% on a year-over-year basis. As a group, research analysts expect that Henry Schein, Inc. will post 4.78 EPS for the current year.

Henry Schein Company 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.