Louisiana State Employees Retirement System Trims Stock Holdings in Henry Schein, Inc. (NASDAQ:HSIC)

Louisiana State Employees Retirement System reduced its stake in Henry Schein, Inc. (NASDAQ:HSIC) by 5.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,700 shares of the company’s stock after selling 400 shares during the period. Louisiana State Employees Retirement System’s holdings in Henry Schein were worth $464,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Clarkston Capital Partners LLC increased its stake in shares of Henry Schein by 5.4% during the third quarter. Clarkston Capital Partners LLC now owns 1,397,805 shares of the company’s stock worth $101,900,000 after buying an additional 71,560 shares during the period. Nuance Investments LLC increased its stake in shares of Henry Schein by 22.3% during the third quarter. Nuance Investments LLC now owns 2,278,081 shares of the company’s stock worth $166,072,000 after buying an additional 414,748 shares during the period. Olstein Capital Management L.P. increased its stake in shares of Henry Schein by 17.2% during the fourth quarter. Olstein Capital Management L.P. now owns 109,000 shares of the company’s stock worth $7,543,000 after buying an additional 16,000 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Henry Schein during the third quarter worth approximately $515,000. Finally, Equitable Trust Co. purchased a new stake in shares of Henry Schein during the fourth quarter worth approximately $417,000. 96.62% of the stock is currently owned by hedge funds and other institutional investors.

Henry Schein Stock Up 0.3 %

Shares of HSIC opened at $77.83 on Thursday. Henry Schein, Inc. has a 52 week low of $63.67 and a 52 week high of $82.63. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 2.15 and a beta of 0.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.42. The stock has a fifty day moving average of $74.11 and a 200-day moving average of $72.11.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HSIC. Jefferies Financial Group upped their price target on Henry Schein from $77.00 to $80.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Wells Fargo & Company began coverage on Henry Schein in a report on Friday, February 14th. They issued an “equal weight” rating and a $80.00 price objective for the company. StockNews.com raised Henry Schein from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Bank of America upgraded Henry Schein from an “underperform” rating to a “buy” rating and upped their price target for the stock from $69.00 to $84.00 in a research note on Monday, January 6th. Finally, Barrington Research upped their price target on Henry Schein from $82.00 to $90.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Eight analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $80.09.

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.