Green Valley Investors Lowers stake in Henry Schein (HSIC)

Henry Schein (HSIC) : Green Valley Investors reduced its stake in Henry Schein by 16.31% during the most recent quarter end. The investment management company now holds a total of 453,851 shares of Henry Schein which is valued at $75,094,186 after selling 88,434 shares in Henry Schein , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Henry Schein makes up approximately 2.20% of Green Valley Investors’s portfolio.

Other Hedge Funds, Including , Tcw Group Inc sold out all of its stake in HSIC during the most recent quarter. The investment firm sold 13,583 shares of HSIC which is valued $2,247,443.Burney Co boosted its stake in HSIC in the latest quarter, The investment management firm added 146 additional shares and now holds a total of 1,307 shares of Henry Schein which is valued at $216,256. Henry Schein makes up approx 0.01% of Burney Co’s portfolio.Bradley Foster Sargent Incct reduced its stake in HSIC by selling 290 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 31,483 shares of HSIC which is valued at $5,226,808. Henry Schein makes up approx 0.23% of Bradley Foster Sargent Incct’s portfolio. Ropes Wealth Advisors added HSIC to its portfolio by purchasing 19 company shares during the most recent quarter which is valued at $3,182. Harel Insurance Investments Financial Services Ltd. added HSIC to its portfolio by purchasing 125 company shares during the most recent quarter which is valued at $22,460.

Henry Schein opened for trading at $163.15 and hit $164.49 on the upside on Monday, eventually ending the session at $164.22, with a gain of 0.53% or 0.86 points. The heightened volatility saw the trading volume jump to 4,67,172 shares. Company has a market cap of $13,433 M.

On the company’s financial health, Henry Schein reported $1.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $1.63. The company had revenue of $2872.60 million for the quarter, compared to analysts expectations of $2845.09 million. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.46 EPS.

Henry Schein Inc. provides health care products and services to office-based dental animal health and medical practitioners. The Company operates its business through two segments: health care distribution and technology and value-added services. The health care distribution segment distributes consumable products laboratory products equipment repair services branded and generic pharmaceuticals vaccines surgical products diagnostic tests infection-control products and vitamins among others. The Company’s global technology and value-added services segment provides software technology and other value-added services to health care practitioners. Its offerings include practice management software systems for dental and medical practitioners and animal health clinics. Its value-added practice solutions include financial services on a non-recourse basis e-services practice technology network and hardware services as well as continuing education services for practitioners.

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