Dimensional Fund Advisors Lp Buys A Lot More Heska Corp (HSKA) Stock Last Quarter


Heska Corp (NASDAQ:HSKA).

Dimensional Fund Advisors Lp bought 31,286 shares in quarter ending 09/30/2017 increasing its holdings in Heska Corp by 26.0%. Its position was worth $13,342,000 an increase of $1,076,000 as of the end of the quarter.

The following firms have recently changed their position in HSKA. Globeflex Capital L P trimmed its position by shedding 1,330 shares a decrease of 5.1% from 06/30/2017 to 09/30/2017. Globeflex Capital L P controls 24,771 shares worth $2,182,000. The value of the position overall is down by 18.1%. Alliancebernstein L.p. divested its holdings by selling 1,560 shares a decrease of 9.1%. Alliancebernstein L.p. claims 15,590 shares with a value of $1,373,000. The total value of its holdings decreased 21.6%.

As of quarter end California State Teachers Retirement System had sold a total of 1,079 shares trimming its position 9.5%. The value of the company’s investment in Heska Corp went from $1,163,000 to $908,000 a change of $255,000 quarter over quarter.

B. Riley lowered the price target of the stock on November 3 cutting the projection from $96.50 to $93.00 and issued a “Neutral” rating. October 27 investment analysts at B. Riley held the stock rating at “Hold” targeting a price of $96.50.

On October 5, 2017 Canaccord Genuity updated its forecast on HSKA by announcing an initial rating of “Buy”. On August 9 Benchmark kept the company rating at “Buy” projecting a price of $120.00.

Equity analyst Benchmark raised the price target on August 3 changing the price objective from $106.00 to $120.00 and issued a “Buy” recommendation. Equity analyst Aegis raised the price target on August 1 changing the forecast from $114.50 to $129.50 with a “Buy” recommendation.

The company is so far trading down by 2.15% percent from yesterday’s close. The company’s P/E ratio is 43.99 and market cap is 604.90M. As of the last earnings report the EPS was $1.90 with 7.24M shares currently outstanding.

Investors are more bullish of late if you take note of the motion in short interest. The company realized a fall in short interest of -19.53% between September 29, 2017 and October 13, 2017. Short shares fell 32,303 over that timeframe. The short-interest ratio decreased to 2.0 and the short interest percentage is 0.02% as of October 13.