Schein Henry (HSIC) Shareholder Washington Trust Company Has Cut Holding by $4.45 Million as Market Valuation Declined; Pepsico (PEP) Shareholder Academy Capital Management Has Cut Its Position as Market Valuation Declined

May 22, 2018 - By Richard Conner

Henry Schein, Inc. (NASDAQ:HSIC) Logo

Academy Capital Management Inc decreased its stake in Pepsico Inc (PEP) by 30.03% based on its latest 2017Q4 regulatory filing with the SEC. Academy Capital Management Inc sold 49,908 shares as the company’s stock declined 9.24% with the market. The institutional investor held 116,300 shares of the consumer non-durables company at the end of 2017Q4, valued at $13.95M, down from 166,208 at the end of the previous reported quarter. Academy Capital Management Inc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $141.09B market cap company. The stock increased 2.05% or $2 during the last trading session, reaching $99.51. About 5.65 million shares traded or 15.45% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 22, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Washington Trust Company decreased its stake in Schein Henry (HSIC) by 94.74% based on its latest 2017Q4 regulatory filing with the SEC. Washington Trust Company sold 64,450 shares as the company’s stock declined 8.35% with the market. The institutional investor held 3,576 shares of the health care company at the end of 2017Q4, valued at $250,000, down from 68,026 at the end of the previous reported quarter. Washington Trust Company who had been investing in Schein Henry for a number of months, seems to be less bullish one the $11.01 billion market cap company. The stock decreased 0.67% or $0.48 during the last trading session, reaching $71.46. About 848,611 shares traded. Henry Schein, Inc. (NASDAQ:HSIC) has declined 24.00% since May 22, 2017 and is downtrending. It has underperformed by 35.55% the S&P500.

Among 23 analysts covering Henry Schein Inc. (NASDAQ:HSIC), 12 have Buy rating, 1 Sell and 10 Hold. Therefore 52% are positive. Henry Schein Inc. had 56 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Neutral” on Thursday, February 11. The firm earned “Neutral” rating on Tuesday, December 6 by Northcoast. The stock has “Buy” rating by Piper Jaffray on Thursday, October 26. As per Wednesday, December 6, the company rating was downgraded by Morgan Stanley. Credit Suisse maintained it with “Hold” rating and $80.0 target in Tuesday, November 28 report. The stock has “Outperform” rating by Leerink Swann on Wednesday, April 4. The company was upgraded on Friday, September 15 by PiperJaffray. The firm has “Buy” rating given on Tuesday, January 10 by Gabelli. The rating was maintained by Leerink Swann with “Hold” on Tuesday, February 13. Jefferies maintained Henry Schein, Inc. (NASDAQ:HSIC) rating on Tuesday, November 7. Jefferies has “Hold” rating and $74 target.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 6.32, from 7.15 in 2017Q3. It dropped, as 72 investors sold HSIC shares while 170 reduced holdings. 62 funds opened positions while 139 raised stakes. 146.17 million shares or 47.74% less from 279.70 million shares in 2017Q3 were reported. Headinvest owns 6,580 shares. Janney Montgomery Scott Ltd Limited Liability Company holds 3,659 shares or 0% of its portfolio. The New York-based Tortoise Inv Mngmt Ltd Liability Corp has invested 0.03% in Henry Schein, Inc. (NASDAQ:HSIC). Regent Management Ltd Liability Corp reported 0.16% of its portfolio in Henry Schein, Inc. (NASDAQ:HSIC). Fmr Limited Liability Co has invested 0.05% of its portfolio in Henry Schein, Inc. (NASDAQ:HSIC). Robeco Institutional Asset Mngmt Bv, a Netherlands-based fund reported 52,916 shares. Bowen Hanes & Company Incorporated has 0.02% invested in Henry Schein, Inc. (NASDAQ:HSIC) for 6,850 shares. Aviva Public Ltd Co stated it has 0.04% in Henry Schein, Inc. (NASDAQ:HSIC). Bbva Compass State Bank reported 24,254 shares stake. First Republic Inv Incorporated invested in 44,929 shares. Wendell David Assocs reported 17,542 shares. State Of New Jersey Common Pension Fund D stated it has 100,000 shares or 0.03% of all its holdings. Engineers Gate Manager LP reported 72,936 shares. Aperio Gru Limited Liability Company owns 76,366 shares for 0.03% of their portfolio. 45,796 are held by Reilly Herbert Faulkner Iii.

Analysts await Henry Schein, Inc. (NASDAQ:HSIC) to report earnings on August, 14. They expect $1.01 earnings per share, up 14.77% or $0.13 from last year’s $0.88 per share. HSIC’s profit will be $155.57M for 17.69 P/E if the $1.01 EPS becomes a reality. After $0.95 actual earnings per share reported by Henry Schein, Inc. for the previous quarter, Wall Street now forecasts 6.32% EPS growth.

More notable recent Henry Schein, Inc. (NASDAQ:HSIC) news were published by: Benzinga.com which released: “Earnings Scheduled For May 8, 2018” on May 08, 2018, also Globenewswire.com with their article: “Kaskela Law LLC: Shareholder Class Action Filed Against Henry Schein, Inc – HSIC” published on May 04, 2018, Streetinsider.com published: “Pre-Open Movers 04/23: (MDR) (VVC) (HSIC) Higher; (AKRX) (CBI) (AA) Lower (more…)” on April 23, 2018. More interesting news about Henry Schein, Inc. (NASDAQ:HSIC) were released by: Prnewswire.com and their article: “Henry Schein Rises To #238 On The FORTUNE 500®” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Henry Schein (HSIC) Q1 2018 Results – Earnings Call Transcript” with publication date: May 08, 2018.

Washington Trust Company, which manages about $1.78 billion US Long portfolio, upped its stake in Zimmer Biomet Holdings Inc (ZMH) by 3,659 shares to 92,812 shares, valued at $11.20 million in 2017Q4, according to the filing. It also increased its holding in Watsco Inc (NYSE:WSO) by 4,982 shares in the quarter, for a total of 174,276 shares, and has risen its stake in Wal (NYSE:WMT).

More news for PepsiCo, Inc. (NASDAQ:PEP) were recently published by: Livetradingnews.com, which released: “PepsiCo, Inc. (NASDAQ:PEP) Heffx Technical Review” on April 27, 2018. Prnewswire.com‘s article titled: “PepsiCo, Inc. to Withdraw Chicago Stock Exchange Listing; Retains Nasdaq Listing” and published on May 18, 2018 is yet another important article.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.08, from 0.94 in 2017Q3. It worsened, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Cypress Asset Mngmt Tx reported 2.82% stake. Gardner Russo Gardner Limited Liability Corporation holds 0.03% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 34,175 shares. M Holding Securities invested in 0.09% or 18,161 shares. Busey Trust holds 2.35% or 153,505 shares. D L Carlson Grp accumulated 38,715 shares or 1.37% of the stock. Bancorp Of New York Mellon Corp invested 0.53% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Community Fincl Bank Of Raymore owns 1,890 shares for 0.09% of their portfolio. Callahan Advsr Ltd Liability holds 1.96% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 82,219 shares. South Texas Money Management Ltd has 22,297 shares. Buckhead Capital Mgmt Ltd Liability Com has invested 0.88% in PepsiCo, Inc. (NASDAQ:PEP). Blair William And Communications Il holds 0.28% or 344,174 shares in its portfolio. Marshall & Sullivan Wa holds 2.87% or 29,982 shares. Meeder Asset holds 74,932 shares. Wedge Cap Mngmt L LP Nc holds 0% or 1,881 shares. Bragg Financial Advisors Inc reported 0.67% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP).

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on July, 10. They expect $1.52 earnings per share, up 1.33% or $0.02 from last year’s $1.5 per share. PEP’s profit will be $2.16B for 16.37 P/E if the $1.52 EPS becomes a reality. After $0.96 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts 58.33% EPS growth.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained PepsiCo, Inc. (NASDAQ:PEP) on Friday, July 8 with “Buy” rating. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by Jefferies on Thursday, June 22. The firm earned “Positive” rating on Wednesday, April 12 by Susquehanna. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Sell” rating given on Tuesday, April 17 by Goldman Sachs. On Monday, January 8 the stock rating was maintained by Cowen & Co with “Buy”. As per Friday, September 30, the company rating was maintained by Jefferies. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, June 7. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by Jefferies on Tuesday, August 15. The stock has “In-Line” rating by Evercore on Wednesday, February 14. The stock has “Neutral” rating by Goldman Sachs on Tuesday, April 19.

Henry Schein, Inc. (NASDAQ:HSIC) Institutional Positions Chart

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