Gofen & Glossberg LLC IL lessened its position in shares of DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 45.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,288 shares of the medical instruments supplier’s stock after selling 3,550 shares during the period. Gofen & Glossberg LLC IL’s holdings in DENTSPLY SIRONA were worth $282,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Stock Yards Bank & Trust Co. bought a new stake in shares of DENTSPLY SIRONA in the fourth quarter valued at approximately $203,000. Atlantic Trust Group LLC boosted its stake in shares of DENTSPLY SIRONA by 970.7% in the third quarter. Atlantic Trust Group LLC now owns 475,232 shares of the medical instruments supplier’s stock valued at $28,424,000 after buying an additional 430,848 shares during the period. Pura Vida Investments LLC bought a new stake in shares of DENTSPLY SIRONA in the third quarter valued at approximately $9,570,000. IFM Investors Pty Ltd bought a new stake in shares of DENTSPLY SIRONA in the third quarter valued at approximately $566,000. Finally, Security National Bank of Sioux City Iowa IA boosted its stake in shares of DENTSPLY SIRONA by 3.9% in the third quarter. Security National Bank of Sioux City Iowa IA now owns 23,990 shares of the medical instruments supplier’s stock valued at $1,435,000 after buying an additional 909 shares during the period. Institutional investors own 96.13% of the company’s stock.
Several equities research analysts recently issued reports on XRAY shares. HC Wainwright cut DENTSPLY SIRONA from a “buy” rating to a “neutral” rating and set a $68.00 price target for the company. in a research note on Thursday, November 30th. Zacks Investment Research cut DENTSPLY SIRONA from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Credit Suisse Group cut DENTSPLY SIRONA to a “hold” rating and set a $73.00 price target for the company. in a research note on Friday, January 5th. Deutsche Bank began coverage on shares of DENTSPLY SIRONA in a research report on Friday, December 8th. They set a “buy” rating and a $81.00 price objective for the company. Finally, JPMorgan Chase & Co. upgraded shares of DENTSPLY SIRONA from a “neutral” rating to an “overweight” rating and set a $75.00 price objective for the company in a research report on Wednesday, December 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $69.15.
DENTSPLY SIRONA Inc (NASDAQ XRAY) opened at $62.65 on Thursday. DENTSPLY SIRONA Inc has a 1 year low of $52.53 and a 1 year high of $68.98. The company has a market cap of $14,460.00, a P/E ratio of -18.00, a price-to-earnings-growth ratio of 2.42 and a beta of 1.31. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.59 and a current ratio of 2.32.
DENTSPLY SIRONA (NASDAQ:XRAY) last announced its quarterly earnings data on Friday, November 3rd. The medical instruments supplier reported $0.70 EPS for the quarter, beating the consensus estimate of $0.66 by $0.04. DENTSPLY SIRONA had a negative net margin of 20.33% and a positive return on equity of 7.56%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $978.99 million. During the same period in the previous year, the business earned $0.66 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. equities research analysts anticipate that DENTSPLY SIRONA Inc will post 2.65 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were given a dividend of $0.0875 per share. The ex-dividend date was Thursday, December 28th. This represents a $0.35 annualized dividend and a yield of 0.56%. DENTSPLY SIRONA’s dividend payout ratio is currently -10.06%.
In related news, CFO Nicholas W. Alexos purchased 50,000 shares of the stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $65.85 per share, for a total transaction of $3,292,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eric Brandt sold 6,409 shares of the company’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $68.04, for a total transaction of $436,068.36. Following the transaction, the director now owns 12,073 shares of the company’s stock, valued at $821,446.92. The disclosure for this sale can be found here. 1.99% of the stock is currently owned by corporate insiders.
COPYRIGHT VIOLATION NOTICE: “DENTSPLY SIRONA Inc (XRAY) Shares Sold by Gofen & Glossberg LLC IL” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2018/01/18/dentsply-sirona-inc-xray-shares-sold-by-gofen-glossberg-llc-il.html.
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.
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: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.