Contrarius Investment Management LTD Has Upped Its Macys (M) Stake by $29.52 Million as Share Value Declined; As Schein Henry (HSIC) Shares Rose, Ghp Investment Advisors Raised Stake by $358,020

February 20, 2018 - By Ellis Scott

Contrarius Investment Management Ltd increased its stake in Macys Inc (M) by 827.39% based on its latest 2017Q3 regulatory filing with the SEC. Contrarius Investment Management Ltd bought 1.41 million shares as the company’s stock declined 28.76% while stock markets rallied. The institutional investor held 1.58M shares of the department and specialty retail stores company at the end of 2017Q3, valued at $34.38M, up from 169,891 at the end of the previous reported quarter. Contrarius Investment Management Ltd who had been investing in Macys Inc for a number of months, seems to be bullish on the $7.97 billion market cap company. The stock decreased 0.34% or $0.09 during the last trading session, reaching $26.17. About 3.49M shares traded. Macy's, Inc. (NYSE:M) has declined 25.46% since February 20, 2017 and is downtrending. It has underperformed by 42.16% the S&P500.

Ghp Investment Advisors Inc increased its stake in Schein Henry Inc (HSIC) by 98.55% based on its latest 2017Q3 regulatory filing with the SEC. Ghp Investment Advisors Inc bought 4,420 shares as the company’s stock rose 5.77% with the market. The institutional investor held 8,905 shares of the health care company at the end of 2017Q3, valued at $730,000, up from 4,485 at the end of the previous reported quarter. Ghp Investment Advisors Inc who had been investing in Schein Henry Inc for a number of months, seems to be bullish on the $10.75B market cap company. The stock decreased 1.45% or $1.0099 during the last trading session, reaching $68.5101. About 1.16M shares traded. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since February 20, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.




Among 21 analysts covering Henry Schein Inc. (NASDAQ:HSIC), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Henry Schein Inc. had 45 analyst reports since July 31, 2015 according to SRatingsIntel. Deutsche Bank initiated Henry Schein, Inc. (NASDAQ:HSIC) rating on Friday, December 8. Deutsche Bank has “Buy” rating and $79.0 target. On Friday, October 20 the stock rating was maintained by Jefferies with “Hold”. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Underweight” rating given on Wednesday, December 6 by Morgan Stanley. The stock of Henry Schein, Inc. (NASDAQ:HSIC) earned “Hold” rating by Stifel Nicolaus on Tuesday, November 7. Gabelli upgraded the stock to “Buy” rating in Tuesday, January 10 report. The stock has “Neutral” rating by Piper Jaffray on Thursday, February 11. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Hold” rating given on Thursday, July 20 by Jefferies. The stock has “Neutral” rating by Northcoast on Tuesday, December 6. Jefferies maintained Henry Schein, Inc. (NASDAQ:HSIC) on Tuesday, November 7 with “Hold” rating. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Hold” rating given on Tuesday, August 8 by Stifel Nicolaus.

Investors sentiment increased to 7.15 in Q3 2017. Its up 5.99, from 1.16 in 2017Q2. It improved, as 47 investors sold HSIC shares while 15 reduced holdings. 66 funds opened positions while 377 raised stakes. 279.70 million shares or 306.41% more from 68.82 million shares in 2017Q2 were reported. Citigroup accumulated 50,795 shares. Capstone Inv Advisors Ltd Limited Liability Company has 6,716 shares. Kbc Gru Nv invested 0.22% in Henry Schein, Inc. (NASDAQ:HSIC). Trillium Asset Management Ltd Liability invested in 0.19% or 40,000 shares. Eulav Asset has invested 0.99% in Henry Schein, Inc. (NASDAQ:HSIC). Shell Asset invested 0.22% in Henry Schein, Inc. (NASDAQ:HSIC). Jnba Fin invested in 2,000 shares or 0.04% of the stock. Bryn Mawr Tru accumulated 0.37% or 78,839 shares. Davenport Company Limited Liability Corp invested 0.01% in Henry Schein, Inc. (NASDAQ:HSIC). Gam Hldg Ag reported 0.02% of its portfolio in Henry Schein, Inc. (NASDAQ:HSIC). 3,700 are owned by Hutchin Hill Limited Partnership. Northwestern Mutual Wealth Management has invested 0% in Henry Schein, Inc. (NASDAQ:HSIC). Renaissance Technology Llc has 8,812 shares. 41,900 were accumulated by Endurant Capital Management L P. Banque Pictet And Cie Sa reported 6,000 shares or 0.01% of all its holdings.

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

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