Mirae Asset Global Investments Co. Ltd. Acquires 3,650 Shares of Henry Schein, Inc. (NASDAQ:HSIC)

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Henry Schein, Inc. (NASDAQ:HSIC) by 29.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,854 shares of the company’s stock after buying an additional 3,650 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Henry Schein were worth $1,113,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Cromwell Holdings LLC increased its holdings in shares of Henry Schein by 93.4% during the third quarter. Cromwell Holdings LLC now owns 352 shares of the company’s stock worth $26,000 after buying an additional 170 shares in the last quarter. Versant Capital Management Inc grew its position in Henry Schein by 274.6% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the company’s stock worth $32,000 after acquiring an additional 335 shares during the last quarter. City State Bank acquired a new position in Henry Schein in the 4th quarter worth about $55,000. Farther Finance Advisors LLC raised its position in Henry Schein by 58.9% in the third quarter. Farther Finance Advisors LLC now owns 933 shares of the company’s stock valued at $68,000 after purchasing an additional 346 shares during the last quarter. Finally, Mather Group LLC. boosted its stake in shares of Henry Schein by 43.7% during the fourth quarter. Mather Group LLC. now owns 1,503 shares of the company’s stock valued at $104,000 after purchasing an additional 457 shares in the last quarter. 96.62% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Henry Schein Trading Down 1.8 %

Shares of HSIC stock opened at $77.48 on Wednesday. The company has a market cap of $9.66 billion, a P/E ratio of 31.88, a PEG ratio of 2.21 and a beta of 0.91. Henry Schein, Inc. has a fifty-two week low of $63.67 and a fifty-two week high of $82.63. The stock has a 50 day simple moving average of $73.80 and a two-hundred day simple moving average of $71.90. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.42.

Insider Activity

In other news, COO Michael S. Ettinger sold 12,240 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $75.00, for a total value of $918,000.00. Following the completion of the sale, the chief operating officer now directly owns 87,706 shares in the company, valued at $6,577,950. This trade represents a 12.25 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.14% of the stock is currently owned by company insiders.

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.