DENTSPLY SIRONA Inc (NASDAQ:XRAY) has been assigned an average recommendation of “Hold” from the sixteen ratings firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $68.92.

A number of brokerages recently weighed in on XRAY. BidaskClub lowered shares of DENTSPLY SIRONA from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. HC Wainwright restated a “hold” rating and issued a $68.00 price objective on shares of DENTSPLY SIRONA in a report on Thursday, January 18th. Zacks Investment Research lowered shares of DENTSPLY SIRONA from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Credit Suisse Group lowered shares of DENTSPLY SIRONA to a “hold” rating and set a $73.00 target price for the company. in a research note on Friday, January 5th. Finally, JPMorgan Chase & Co. upgraded shares of DENTSPLY SIRONA from a “neutral” rating to an “overweight” rating and set a $75.00 target price for the company in a research note on Wednesday, December 13th.

In other news, Director Francis J. Lunger sold 8,900 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $65.90, for a total transaction of $586,510.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Thierer acquired 77,000 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were acquired at an average cost of $66.04 per share, with a total value of $5,085,080.00. The disclosure for this purchase can be found here. 1.99% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the company. Massey Quick Simon & CO. LLC bought a new stake in shares of DENTSPLY SIRONA during the 3rd quarter valued at $124,000. Huntington National Bank bought a new stake in shares of DENTSPLY SIRONA during the 3rd quarter valued at $157,000. First Interstate Bank bought a new stake in shares of DENTSPLY SIRONA during the 3rd quarter valued at $164,000. Stock Yards Bank & Trust Co. bought a new stake in shares of DENTSPLY SIRONA during the 4th quarter valued at $203,000. Finally, Dupont Capital Management Corp grew its position in shares of DENTSPLY SIRONA by 85.0% during the 4th quarter. Dupont Capital Management Corp now owns 3,308 shares of the medical instruments supplier’s stock valued at $218,000 after acquiring an additional 1,520 shares during the period. 96.56% of the stock is owned by hedge funds and other institutional investors.

Shares of DENTSPLY SIRONA (NASDAQ:XRAY) traded up $0.32 during midday trading on Friday, reaching $58.78. 437,300 shares of the company were exchanged, compared to its average volume of 2,486,702. DENTSPLY SIRONA has a 52 week low of $52.53 and a 52 week high of $68.98. The stock has a market cap of $13,445.64, a price-to-earnings ratio of -16.95, a P/E/G ratio of 2.16 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 business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were paid a dividend of $0.0875 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.35 dividend on an annualized basis and a yield of 0.60%. DENTSPLY SIRONA’s dividend payout ratio is presently -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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