Tower Bridge Advisors trimmed its holdings in DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,849 shares of the medical instruments supplier’s stock after selling 987 shares during the period. Tower Bridge Advisors’ holdings in DENTSPLY SIRONA were worth $2,487,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFM Investors Pty Ltd lifted its position in shares of DENTSPLY SIRONA by 1.8% in the fourth quarter. IFM Investors Pty Ltd now owns 13,533 shares of the medical instruments supplier’s stock valued at $504,000 after buying an additional 245 shares during the last quarter. Private Capital Group LLC lifted its holdings in DENTSPLY SIRONA by 105.3% during the 4th quarter. Private Capital Group LLC now owns 700 shares of the medical instruments supplier’s stock worth $26,000 after purchasing an additional 359 shares during the last quarter. Diversified Trust Co lifted its holdings in DENTSPLY SIRONA by 10.8% during the 4th quarter. Diversified Trust Co now owns 6,867 shares of the medical instruments supplier’s stock worth $256,000 after purchasing an additional 672 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in DENTSPLY SIRONA during the 4th quarter worth approximately $26,000. Finally, Enlightenment Research LLC acquired a new stake in DENTSPLY SIRONA during the 4th quarter worth approximately $30,000. 97.09% of the stock is owned by institutional investors.
Get DENTSPLY SIRONA alerts:In other DENTSPLY SIRONA news, insider Markus Boehringer sold 7,373 shares of the firm’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $37.86, for a total transaction of $279,141.78. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.93% of the stock is owned by company insiders.
DENTSPLY SIRONA stock traded up $0.03 during mid-day trading on Tuesday, reaching $43.61. 25,164 shares of the company were exchanged, compared to its average volume of 1,870,130. DENTSPLY SIRONA Inc has a 12 month low of $33.93 and a 12 month high of $59.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.76 and a quick ratio of 1.14. The firm has a market cap of $9.70 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 2.43 and a beta of 1.06.
XRAY has been the subject of several research reports. BidaskClub raised DENTSPLY SIRONA from a “hold” rating to a “buy” rating in a report on Tuesday, December 25th. Zacks Investment Research reissued a “hold” rating on shares of DENTSPLY SIRONA in a report on Saturday, November 17th. Barrington Research reissued a “hold” rating on shares of DENTSPLY SIRONA in a report on Friday, November 9th. Barclays reissued a “hold” rating and set a $39.00 price target on shares of DENTSPLY SIRONA in a report on Sunday, January 6th. Finally, UBS Group initiated coverage on DENTSPLY SIRONA in a report on Thursday, January 17th. They set a “neutral” rating and a $42.00 price target for the company. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $50.62.
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About DENTSPLY SIRONA
DENTSPLY SIRONA Inc designs, develops, manufactures, and markets various dental and oral health products, and other consumable healthcare products primarily for the professional dental market worldwide. The company operates in two segments, Technologies & Equipment; and Consumables. Its dental supplies include endodontic instruments and materials, dental anesthetics, prophylaxis pastes, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride products; and small equipment products comprise dental hand pieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers.
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