Allworth Financial LP Has $28,000 Holdings in DENTSPLY SIRONA Inc. (NASDAQ:XRAY)

Allworth Financial LP cut its holdings in DENTSPLY SIRONA Inc. (NASDAQ:XRAY) by 34.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,432 shares of the medical instruments supplier’s stock after selling 747 shares during the period. Allworth Financial LP’s holdings in DENTSPLY SIRONA were worth $28,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of XRAY. State of Alaska Department of Revenue lifted its holdings in shares of DENTSPLY SIRONA by 2.4% in the third quarter. State of Alaska Department of Revenue now owns 23,545 shares of the medical instruments supplier’s stock worth $637,000 after acquiring an additional 560 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of DENTSPLY SIRONA by 60.8% in the fourth quarter. UMB Bank n.a. now owns 1,492 shares of the medical instruments supplier’s stock worth $28,000 after acquiring an additional 564 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of DENTSPLY SIRONA by 2.1% in the third quarter. MML Investors Services LLC now owns 29,682 shares of the medical instruments supplier’s stock worth $803,000 after acquiring an additional 620 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of DENTSPLY SIRONA by 10.9% in the fourth quarter. Blue Trust Inc. now owns 7,199 shares of the medical instruments supplier’s stock worth $137,000 after acquiring an additional 707 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new position in shares of DENTSPLY SIRONA in the third quarter worth about $27,000. 95.70% of the stock is currently owned by institutional investors and hedge funds.

DENTSPLY SIRONA Stock Down 0.1 %

DENTSPLY SIRONA stock opened at $18.81 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.84 and a current ratio of 1.25. DENTSPLY SIRONA Inc. has a 52-week low of $17.21 and a 52-week high of $34.91. The firm has a 50 day moving average price of $18.90 and a two-hundred day moving average price of $21.58. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of -9.09, a PEG ratio of 1.80 and a beta of 0.96.

DENTSPLY SIRONA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a dividend of $0.16 per share. The ex-dividend date was Friday, December 27th. This represents a $0.64 annualized dividend and a yield of 3.40%. DENTSPLY SIRONA’s payout ratio is -30.92%.

Analyst Ratings Changes

A number of research analysts have recently commented on XRAY shares. Jefferies Financial Group cut shares of DENTSPLY SIRONA from a “buy” rating to a “hold” rating and dropped their target price for the stock from $30.00 to $20.00 in a report on Thursday, January 23rd. Needham & Company LLC reissued a “buy” rating and issued a $25.00 target price on shares of DENTSPLY SIRONA in a report on Tuesday, February 11th. Robert W. Baird dropped their price objective on shares of DENTSPLY SIRONA from $31.00 to $24.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Leerink Partnrs lowered shares of DENTSPLY SIRONA from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Mizuho began coverage on shares of DENTSPLY SIRONA in a report on Wednesday, December 4th. They issued a “neutral” rating and a $21.00 price objective for the company. Ten investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, DENTSPLY SIRONA currently has an average rating of “Hold” and a consensus price target of $24.50.

About DENTSPLY SIRONA

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.