DENTSPLY SIRONA Inc (NASDAQ:XRAY) has been assigned an average rating of “Hold” from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $68.92.

A number of analysts have recently issued reports on XRAY shares. Zacks Investment Research lowered DENTSPLY SIRONA from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. BidaskClub lowered DENTSPLY SIRONA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Robert W. Baird set a $63.00 target price on DENTSPLY SIRONA and gave the stock a “buy” rating in a research report on Thursday, October 19th. Credit Suisse Group lowered DENTSPLY SIRONA to a “hold” rating and set a $73.00 target price on the stock. in a research report on Friday, January 5th. Finally, Stephens started coverage on DENTSPLY SIRONA in a research report on Tuesday, November 28th. They set an “overweight” rating and a $75.00 target price on the stock.

In other news, CFO Nicholas W. Alexos acquired 50,000 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was purchased at an average cost of $65.85 per share, with a total value of $3,292,500.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 6,409 shares of the business’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $68.04, for a total value of $436,068.36. Following the completion of the sale, the director now directly 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 owned by insiders.

Hedge funds have recently modified their holdings of the business. Grandfield & Dodd LLC boosted its stake in DENTSPLY SIRONA by 1.8% in the third quarter. Grandfield & Dodd LLC now owns 236,109 shares of the medical instruments supplier’s stock valued at $14,122,000 after acquiring an additional 4,140 shares during the period. Thompson Siegel & Walmsley LLC boosted its stake in DENTSPLY SIRONA by 41.4% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,389,010 shares of the medical instruments supplier’s stock valued at $83,076,000 after acquiring an additional 406,654 shares during the period. California Public Employees Retirement System boosted its stake in DENTSPLY SIRONA by 2.2% in the third quarter. California Public Employees Retirement System now owns 499,526 shares of the medical instruments supplier’s stock valued at $29,877,000 after acquiring an additional 10,828 shares during the period. Wells Fargo & Company MN boosted its stake in DENTSPLY SIRONA by 3.1% in the third quarter. Wells Fargo & Company MN now owns 882,002 shares of the medical instruments supplier’s stock valued at $52,752,000 after acquiring an additional 26,125 shares during the period. Finally, Amica Mutual Insurance Co. acquired a new position in DENTSPLY SIRONA in the third quarter valued at approximately $669,000. Institutional investors own 96.56% of the company’s stock.

Shares of DENTSPLY SIRONA (XRAY) traded up $0.33 during midday trading on Friday, hitting $57.18. The stock had a trading volume of 3,479,229 shares, compared to its average volume of 2,609,912. DENTSPLY SIRONA has a twelve month low of $52.53 and a twelve month high of $68.98. The stock has a market capitalization of $13,390.51, a price-to-earnings ratio of -16.48, a price-to-earnings-growth ratio of 2.15 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.59 and a current ratio of 2.32.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were issued a $0.0875 dividend. This represents a $0.35 annualized dividend and a yield of 0.61%. The ex-dividend date was Thursday, December 28th. DENTSPLY SIRONA’s dividend payout ratio is currently -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.

Analyst Recommendations for DENTSPLY SIRONA (NASDAQ:XRAY)

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