California State Teachers Retirement System decreased its holdings in shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY) by 8.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 396,063 shares of the medical instruments supplier’s stock after selling 35,845 shares during the period. California State Teachers Retirement System owned about 0.17% of DENTSPLY SIRONA worth $23,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in the company. Financial Counselors Inc. lifted its holdings in DENTSPLY SIRONA by 3.6% in the 3rd quarter. Financial Counselors Inc. now owns 109,768 shares of the medical instruments supplier’s stock valued at $6,565,000 after purchasing an additional 3,791 shares in the last quarter. Cramer Rosenthal Mcglynn LLC increased its stake in shares of DENTSPLY SIRONA by 6.8% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 721,080 shares of the medical instruments supplier’s stock worth $43,128,000 after acquiring an additional 45,915 shares during the last quarter. Stifel Financial Corp increased its stake in shares of DENTSPLY SIRONA by 67.6% in the 3rd quarter. Stifel Financial Corp now owns 153,265 shares of the medical instruments supplier’s stock worth $9,175,000 after acquiring an additional 61,827 shares during the last quarter. Tredje AP fonden increased its stake in shares of DENTSPLY SIRONA by 39.8% in the 3rd quarter. Tredje AP fonden now owns 97,740 shares of the medical instruments supplier’s stock worth $5,854,000 after acquiring an additional 27,840 shares during the last quarter. Finally, Westfield Capital Management Co. LP acquired a new stake in shares of DENTSPLY SIRONA in the 3rd quarter worth $26,846,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
A number of analysts have issued reports on XRAY shares. TheStreet raised DENTSPLY SIRONA from a “c” rating to a “b-” rating in a research note on Friday, November 3rd. Stifel Nicolaus raised their target price on DENTSPLY SIRONA from $66.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 6th. HC Wainwright reaffirmed a “buy” rating and issued a $68.00 target price on shares of DENTSPLY SIRONA in a research note on Monday, November 6th. Jefferies Group cut their price objective on DENTSPLY SIRONA from $72.00 to $66.00 and set a “buy” rating for the company in a research report on Wednesday, August 23rd. Finally, Robert W. Baird set a $63.00 price objective on DENTSPLY SIRONA and gave the stock a “buy” rating in a research report on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. DENTSPLY SIRONA presently has a consensus rating of “Buy” and a consensus price target of $69.31.
DENTSPLY SIRONA Inc. (XRAY) opened at $66.65 on Tuesday. DENTSPLY SIRONA Inc. has a twelve month low of $52.53 and a twelve month high of $68.98. The company has a market capitalization of $15,269.32, a PE ratio of 26.49, a P/E/G ratio of 2.67 and a beta of 1.31. The company has a current ratio of 2.32, a quick ratio of 1.59 and a debt-to-equity ratio of 0.21.
DENTSPLY SIRONA (NASDAQ:XRAY) last announced its quarterly earnings data on Friday, November 3rd. The medical instruments supplier reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.04. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $978.99 million. DENTSPLY SIRONA had a positive return on equity of 7.56% and a negative net margin of 20.33%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.66 EPS. equities analysts anticipate that DENTSPLY SIRONA Inc. will post 2.65 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be paid a $0.0875 dividend. This represents a $0.35 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend is Thursday, December 28th. DENTSPLY SIRONA’s payout ratio is presently -10.09%.
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DENTSPLY SIRONA Company Profile
DENTSPLY SIRONA Inc is a manufacturer of professional dental products and technologies. The Company develops, manufactures, and markets solutions offering, including dental and oral health products, as well as other consumable medical devices. It operates through two segments: Dental and Healthcare Consumables, and Technologies.
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