DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 188,318 shares of the medical instruments supplier’s stock after selling 9,282 shares during the quarter. New York State Teachers Retirement System owned 0.09% of DENTSPLY SIRONA worth $3,574,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Savant Capital LLC lifted its holdings in shares of DENTSPLY SIRONA by 71.9% during the fourth quarter. Savant Capital LLC now owns 83,062 shares of the medical instruments supplier’s stock worth $1,577,000 after purchasing an additional 34,750 shares during the period. Canvas Wealth Advisors LLC lifted its holdings in DENTSPLY SIRONA by 126.5% in the fourth quarter. Canvas Wealth Advisors LLC now owns 326,298 shares of the medical instruments supplier’s stock valued at $6,245,000 after acquiring an additional 182,234 shares during the period. Entropy Technologies LP acquired a new position in DENTSPLY SIRONA in the fourth quarter valued at approximately $630,000. Choreo LLC lifted its holdings in DENTSPLY SIRONA by 191.6% in the fourth quarter. Choreo LLC now owns 23,507 shares of the medical instruments supplier’s stock valued at $440,000 after acquiring an additional 15,446 shares during the period. Finally, OLD National Bancorp IN lifted its holdings in DENTSPLY SIRONA by 45.3% in the fourth quarter. OLD National Bancorp IN now owns 18,874 shares of the medical instruments supplier’s stock valued at $358,000 after acquiring an additional 5,884 shares during the period. Institutional investors and hedge funds own 95.70% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on XRAY. Needham & Company LLC reissued a “buy” rating and issued a $25.00 price target on shares of DENTSPLY SIRONA in a report on Tuesday, February 11th. Morgan Stanley decreased their price target on DENTSPLY SIRONA from $30.00 to $23.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Robert W. Baird decreased their price target on DENTSPLY SIRONA from $31.00 to $24.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Evercore ISI reissued an “in-line” rating and issued a $20.00 price target on shares of DENTSPLY SIRONA in a report on Tuesday, January 7th. Finally, StockNews.com raised DENTSPLY SIRONA from a “hold” rating to a “buy” rating in a report on Tuesday. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, DENTSPLY SIRONA has a consensus rating of “Hold” and an average price target of $25.85.

DENTSPLY SIRONA Trading Down 1.1 %

XRAY opened at $18.75 on Friday. DENTSPLY SIRONA Inc. has a one year low of $17.21 and a one year high of $34.91. The company has a market cap of $3.73 billion, a P/E ratio of -9.06, a PEG ratio of 1.81 and a beta of 0.96. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.84 and a current ratio of 1.25. The business’s 50-day simple moving average is $18.92 and its 200-day simple moving average is $21.71.

DENTSPLY SIRONA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were paid a dividend of $0.16 per share. The ex-dividend date was Friday, December 27th. This represents a $0.64 dividend on an annualized basis and a yield of 3.41%. DENTSPLY SIRONA’s dividend payout ratio is presently -30.92%.

DENTSPLY SIRONA Profile

DENTSPLY SIRONA Inc manufactures and sells various dental products and technologies worldwide. It operates in four segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare. The company offers dental equipment comprising imaging equipment, motorized dental handpieces, treatment centers, other instruments, amalgamators, mixing machines, and porcelain furnaces; and dental CAD/CAM technologies to support dental restorations, such as intraoral scanners, 3-D printers, mills, other software and services, and a full-chairside economical restoration of esthetic ceramic dentistry, as well as DS Core, its cloud-based platform.