Mutual of America Capital Management LLC Buys 306 Shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY)

Mutual of America Capital Management LLC grew its stake in DENTSPLY SIRONA Inc. (NASDAQ:XRAYGet Rating) by 1.1% during the first quarter, Holdings Channel.com reports. The fund owned 29,226 shares of the medical instruments supplier’s stock after purchasing an additional 306 shares during the quarter. Mutual of America Capital Management LLC’s holdings in DENTSPLY SIRONA were worth $1,439,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. State of Michigan Retirement System grew its stake in DENTSPLY SIRONA by 0.4% in the 4th quarter. State of Michigan Retirement System now owns 55,049 shares of the medical instruments supplier’s stock worth $3,071,000 after acquiring an additional 200 shares in the last quarter. Signaturefd LLC grew its stake in DENTSPLY SIRONA by 13.0% in the 4th quarter. Signaturefd LLC now owns 1,786 shares of the medical instruments supplier’s stock worth $100,000 after acquiring an additional 205 shares in the last quarter. Northwest Investment Counselors LLC grew its stake in DENTSPLY SIRONA by 1.4% in the 1st quarter. Northwest Investment Counselors LLC now owns 15,756 shares of the medical instruments supplier’s stock worth $776,000 after acquiring an additional 217 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of DENTSPLY SIRONA by 0.7% in the 4th quarter. Fifth Third Bancorp now owns 31,816 shares of the medical instruments supplier’s stock worth $1,775,000 after purchasing an additional 222 shares during the period. Finally, Fuller & Thaler Asset Management Inc. lifted its position in shares of DENTSPLY SIRONA by 3.1% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 7,387 shares of the medical instruments supplier’s stock worth $412,000 after purchasing an additional 225 shares during the period. 94.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Piper Sandler lowered their price target on shares of DENTSPLY SIRONA from $41.00 to $38.00 in a research report on Monday, July 11th. Robert W. Baird cut shares of DENTSPLY SIRONA from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $67.00 to $48.00 in a research report on Tuesday, April 19th. StockNews.com cut shares of DENTSPLY SIRONA from a “buy” rating to a “hold” rating in a research report on Saturday. Bank of America cut shares of DENTSPLY SIRONA from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $66.00 to $49.00 in a research report on Tuesday, April 19th. Finally, HC Wainwright lowered their price target on shares of DENTSPLY SIRONA from $58.00 to $48.00 and set a “hold” rating for the company in a research report on Friday, April 22nd. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $48.11.

DENTSPLY SIRONA Trading Down 0.5 %

Shares of DENTSPLY SIRONA stock opened at $36.16 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. DENTSPLY SIRONA Inc. has a 12-month low of $33.78 and a 12-month high of $66.98. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of 21.40 and a beta of 0.94. The firm’s 50 day simple moving average is $36.84 and its two-hundred day simple moving average is $44.58.

DENTSPLY SIRONA (NASDAQ:XRAYGet Rating) last issued its quarterly earnings results on Tuesday, May 10th. The medical instruments supplier reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The business had revenue of $9.67 billion for the quarter, compared to analyst estimates of $982.05 million. DENTSPLY SIRONA had a net margin of 8.81% and a return on equity of 11.63%. DENTSPLY SIRONA’s revenue for the quarter was up 841.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 EPS. Analysts predict that DENTSPLY SIRONA Inc. will post 2.41 EPS for the current year.

DENTSPLY SIRONA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 24th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.38%. The ex-dividend date was Thursday, June 23rd. DENTSPLY SIRONA’s dividend payout ratio is currently 29.59%.

Insiders Place Their Bets

In related news, Director Eric Brandt sold 6,900 shares of DENTSPLY SIRONA stock in a transaction that occurred on Tuesday, May 3rd. The shares were sold at an average price of $39.71, for a total value of $273,999.00. Following the completion of the transaction, the director now owns 35,155 shares in the company, valued at $1,396,005.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.76% of the stock is owned by insiders.

About DENTSPLY SIRONA

(Get Rating)

DENTSPLY SIRONA Inc designs, develops, manufactures, distributes, and sells various dental products and technologies for professional dental market worldwide. It offers dental equipment, including treatment centers, imaging equipment, motorized dental handpieces, and other instruments; imaging equipment; treatment centers comprising basic dentist chairs, sophisticated chair-based units with integrated diagnostic, hygiene and ergonomic functionalities, and specialist centers; and lab equipment, such as amalgamators, mixing machines, and porcelain furnaces.

See Also

Want to see what other hedge funds are holding XRAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DENTSPLY SIRONA Inc. (NASDAQ:XRAYGet Rating).

Institutional Ownership by Quarter for DENTSPLY SIRONA (NASDAQ:XRAY)

Receive News & Ratings for DENTSPLY SIRONA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DENTSPLY SIRONA and related companies with MarketBeat.com's FREE daily email newsletter.