As Schein Henry (HSIC) Market Value Rose, Snyder Capital Management LP Has Upped Its Stake; As Bank Amer (BAC) Market Valuation Declined, Antipodean Advisors Cut by $14.59 Million Its Holding

December 17, 2017 - By Henry Gaston

Eric Chen decreased its stake in Bank Amer Corp (BAC) by 48.06% based on its latest 2017Q2 regulatory filing with the SEC. Antipodean Advisors Llc sold 608,000 shares as the company’s stock declined 6.00% while stock markets rallied. The hedge fund run by Eric Chen held 657,000 shares of the major banks company at the end of 2017Q2, valued at $15.94M, down from 1.27M at the end of the previous reported quarter. Antipodean Advisors Llc who had been investing in Bank Amer Corp for a number of months, seems to be less bullish one the $302.91B market cap company. The stock increased 1.08% or $0.31 during the last trading session, reaching $29.04. About 129.86M shares traded or 92.13% up from the average. Bank of America Corporation (NYSE:BAC) has risen 58.64% since December 17, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

Snyder Capital Management LP increased its stake in Schein Henry Inc (HSIC) by 5.39% based on its latest 2017Q2 regulatory filing with the SEC. Snyder Capital Management LP bought 3,703 shares as the company’s stock rose 5.77% with the market. The institutional investor held 72,380 shares of the health care company at the end of 2017Q2, valued at $13.25M, up from 68,677 at the end of the previous reported quarter. Snyder Capital Management LP who had been investing in Schein Henry Inc for a number of months, seems to be bullish on the $11.01B market cap company. The stock increased 2.14% or $1.47 during the last trading session, reaching $70.16. About 2.47 million shares traded or 13.77% up from the average. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since December 17, 2016 and is uptrending. It has underperformed by 12.65% the S&P500.

Investors sentiment increased to 1.16 in 2017 Q2. Its up 0.25, from 0.91 in 2017Q1. It improved, as 31 investors sold HSIC shares while 164 reduced holdings. 60 funds opened positions while 166 raised stakes. 68.82 million shares or 1.55% less from 69.91 million shares in 2017Q1 were reported. Plante Moran Advsrs Lc holds 165 shares or 0.02% of its portfolio. 467,300 were accumulated by Timessquare Capital Mgmt Ltd Liability. Exxonmobil Investment Management Incorporated Tx invested in 0.07% or 15,231 shares. Burns J W And Co Ny owns 7,240 shares. Mai Capital stated it has 0.07% of its portfolio in Henry Schein, Inc. (NASDAQ:HSIC). Leavell Invest Mgmt Incorporated invested in 0.33% or 14,264 shares. Anderson Hoagland &, Missouri-based fund reported 9,441 shares. Glenmede Tru Na has invested 0.01% in Henry Schein, Inc. (NASDAQ:HSIC). Cambridge Invest Advsr reported 2,182 shares stake. Davis R M Incorporated stated it has 1.83% in Henry Schein, Inc. (NASDAQ:HSIC). Wendell David Associates Incorporated invested in 8,971 shares. Bnp Paribas Asset holds 0.01% in Henry Schein, Inc. (NASDAQ:HSIC) or 3,602 shares. Bluestein R H And has 143,486 shares for 1.52% of their portfolio. 970,603 are owned by Northern. Price T Rowe Assocs Md owns 4.45 million shares or 0.15% of their US portfolio.

Snyder Capital Management L P, which manages about $2.16B and $1.89B US Long portfolio, decreased its stake in Rockwell Collins Inc (NYSE:COL) by 7,453 shares to 113,561 shares, valued at $11.93 million in 2017Q2, according to the filing. It also reduced its holding in Dollar Tree Inc (NASDAQ:DLTR) by 10,623 shares in the quarter, leaving it with 187,060 shares, and cut its stake in Td Ameritrade Hldg Corp (NYSE:AMTD).

Since September 6, 2017, it had 0 buys, and 1 insider sale for $366,756 activity.

Among 19 analysts covering Henry Schein Inc. (NASDAQ:HSIC), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Henry Schein Inc. had 41 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Buy” rating given on Thursday, October 19 by Robert W. Baird. The firm earned “Hold” rating on Tuesday, August 8 by Stifel Nicolaus. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Hold” rating given on Tuesday, November 7 by Stifel Nicolaus. The firm earned “Hold” rating on Tuesday, October 17 by Stifel Nicolaus. Barrington Research maintained Henry Schein, Inc. (NASDAQ:HSIC) on Wednesday, February 22 with “Outperform” rating. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Buy” rating given on Monday, September 12 by Bank of America. The firm has “Underweight” rating given on Wednesday, December 6 by Morgan Stanley. On Tuesday, October 11 the stock rating was upgraded by Goldman Sachs to “Buy”. On Friday, November 6 the stock rating was downgraded by Gabelli to “Hold”. The stock of Henry Schein, Inc. (NASDAQ:HSIC) earned “Hold” rating by Evercore on Friday, July 31.

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 68% are positive. Bank of America had 97 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, April 5. RBC Capital Markets has “Buy” rating and $26 target. The stock has “Buy” rating by Nomura on Monday, October 16. As per Wednesday, January 11, the company rating was upgraded by Societe Generale. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, August 12. The rating was downgraded by Robert W. Baird on Wednesday, November 16 to “Neutral”. The firm earned “Buy” rating on Tuesday, September 1 by Bernstein. The firm has “Buy” rating given on Tuesday, July 18 by Nomura. On Sunday, August 13 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. BMO Capital Markets maintained the shares of BAC in report on Wednesday, April 12 with “Hold” rating. Wood downgraded Bank of America Corporation (NYSE:BAC) rating on Monday, May 16. Wood has “Market Perform” rating and $16 target.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 12. They expect $0.47 earnings per share, up 17.50% or $0.07 from last year’s $0.4 per share. BAC’s profit will be $4.90 billion for 15.45 P/E if the $0.47 EPS becomes a reality. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -2.08% negative EPS growth.

Antipodean Advisors Llc, which manages about $1.84 billion and $177.80M US Long portfolio, upped its stake in Exact Sciences Corp (NASDAQ:EXAS) by 107,000 shares to 476,346 shares, valued at $16.85 million in 2017Q2, according to the filing.

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