Cambiar Investors LLC Has $5.87 Million Stake in DENTSPLY SIRONA Inc. (NASDAQ:XRAY)

Cambiar Investors LLC decreased its holdings in DENTSPLY SIRONA Inc. (NASDAQ:XRAY) by 9.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 309,210 shares of the medical instruments supplier’s stock after selling 31,024 shares during the period. Cambiar Investors LLC’s holdings in DENTSPLY SIRONA were worth $5,869,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. State of Alaska Department of Revenue raised its stake in DENTSPLY SIRONA by 2.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 23,545 shares of the medical instruments supplier’s stock worth $637,000 after purchasing an additional 560 shares in the last quarter. UMB Bank n.a. raised its position in shares of DENTSPLY SIRONA by 60.8% in the 4th quarter. UMB Bank n.a. now owns 1,492 shares of the medical instruments supplier’s stock valued at $28,000 after buying an additional 564 shares in the last quarter. MML Investors Services LLC raised its position in shares of DENTSPLY SIRONA by 2.1% in the 3rd quarter. MML Investors Services LLC now owns 29,682 shares of the medical instruments supplier’s stock valued at $803,000 after buying an additional 620 shares in the last quarter. Allworth Financial LP raised its position in shares of DENTSPLY SIRONA by 40.2% in the 3rd quarter. Allworth Financial LP now owns 2,179 shares of the medical instruments supplier’s stock valued at $59,000 after buying an additional 625 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of DENTSPLY SIRONA by 10.9% in the 4th quarter. Blue Trust Inc. now owns 7,199 shares of the medical instruments supplier’s stock valued at $137,000 after buying an additional 707 shares in the last quarter. Institutional investors and hedge funds own 95.70% of the company’s stock.

DENTSPLY SIRONA Stock Performance

Shares of DENTSPLY SIRONA stock opened at $18.46 on Tuesday. DENTSPLY SIRONA Inc. has a twelve month low of $17.21 and a twelve month high of $34.91. The company’s fifty day moving average is $19.09 and its 200 day moving average is $22.13. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.25 and a quick ratio of 0.84.

DENTSPLY SIRONA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were paid a $0.16 dividend. The ex-dividend date was Friday, December 27th. This represents a $0.64 annualized dividend and a dividend yield of 3.47%. DENTSPLY SIRONA’s payout ratio is -30.92%.

Analyst Ratings Changes

XRAY has been the subject of several analyst reports. Leerink Partnrs cut shares of DENTSPLY SIRONA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Morgan Stanley dropped their target price on shares of DENTSPLY SIRONA from $30.00 to $23.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Evercore ISI restated an “in-line” rating and issued a $20.00 target price on shares of DENTSPLY SIRONA in a research report on Tuesday, January 7th. Jefferies Financial Group lowered shares of DENTSPLY SIRONA from a “buy” rating to a “hold” rating and decreased their price target for the company from $30.00 to $20.00 in a report on Thursday, January 23rd. Finally, Leerink Partners lowered shares of DENTSPLY SIRONA from an “outperform” rating to a “market perform” rating in a report on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $26.33.

DENTSPLY SIRONA Company 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.