Stone Ridge Asset Management LLC bought a new stake in DENTSPLY SIRONA Inc (NASDAQ:XRAY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 12,037 shares of the medical instruments supplier’s stock, valued at approximately $792,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. California Public Employees Retirement System raised its position in DENTSPLY SIRONA by 2.2% during the 3rd quarter. California Public Employees Retirement System now owns 499,526 shares of the medical instruments supplier’s stock valued at $29,877,000 after purchasing an additional 10,828 shares during the last quarter. Victory Capital Management Inc. raised its position in DENTSPLY SIRONA by 22,502.5% during the 4th quarter. Victory Capital Management Inc. now owns 855,955 shares of the medical instruments supplier’s stock valued at $56,348,000 after purchasing an additional 852,168 shares during the last quarter. Wells Fargo & Company MN raised its position in DENTSPLY SIRONA by 3.1% during the 3rd quarter. Wells Fargo & Company MN now owns 882,002 shares of the medical instruments supplier’s stock valued at $52,752,000 after purchasing an additional 26,125 shares during the last quarter. Amica Mutual Insurance Co. bought a new position in DENTSPLY SIRONA during the 3rd quarter valued at approximately $669,000. Finally, Bank of Montreal Can raised its position in DENTSPLY SIRONA by 6.1% during the 4th quarter. Bank of Montreal Can now owns 211,583 shares of the medical instruments supplier’s stock valued at $13,929,000 after purchasing an additional 12,211 shares during the last quarter. 96.80% of the stock is owned by institutional investors.
In other news, Director Eric Brandt sold 6,409 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $68.04, for a total value of $436,068.36. Following the completion of the transaction, the director now owns 12,073 shares of the company’s stock, valued at approximately $821,446.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.99% of the stock is currently owned by corporate insiders.
XRAY stock opened at $54.60 on Wednesday. DENTSPLY SIRONA Inc has a 52-week low of $52.53 and a 52-week high of $68.98. The stock has a market capitalization of $12,808.04, a P/E ratio of -7.94, a PEG ratio of 2.46 and a beta of 1.21. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.10 and a quick ratio of 1.45.
DENTSPLY SIRONA (NASDAQ:XRAY) last announced its earnings results on Thursday, March 1st. The medical instruments supplier reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.01. DENTSPLY SIRONA had a positive return on equity of 8.35% and a negative net margin of 39.39%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The business’s revenue was up 9.5% compared to the same quarter last year. research analysts expect that DENTSPLY SIRONA Inc will post 2.75 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 29th will be given a $0.0875 dividend. This represents a $0.35 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Wednesday, March 28th. DENTSPLY SIRONA’s dividend payout ratio is currently -5.09%.
DENTSPLY SIRONA 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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