Mycio Wealth Partners LLC Cuts Stake in DENTSPLY SIRONA Inc (NASDAQ:XRAY)

Mycio Wealth Partners LLC decreased its holdings in shares of DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 17.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,980 shares of the medical instruments supplier’s stock after selling 33,726 shares during the quarter. Mycio Wealth Partners LLC owned approximately 0.07% of DENTSPLY SIRONA worth $5,767,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Diversified Trust Co raised its holdings in DENTSPLY SIRONA by 10.8% in the 4th quarter. Diversified Trust Co now owns 6,867 shares of the medical instruments supplier’s stock worth $256,000 after purchasing an additional 672 shares during the period. Riverhead Capital Management LLC grew its holdings in DENTSPLY SIRONA by 16.0% during the 3rd quarter. Riverhead Capital Management LLC now owns 11,225 shares of the medical instruments supplier’s stock worth $424,000 after acquiring an additional 1,550 shares during the last quarter. OppenheimerFunds Inc. raised its holdings in shares of DENTSPLY SIRONA by 26.9% during the 2nd quarter. OppenheimerFunds Inc. now owns 7,997 shares of the medical instruments supplier’s stock worth $350,000 after acquiring an additional 1,697 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in DENTSPLY SIRONA by 5.1% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 35,062 shares of the medical instruments supplier’s stock valued at $1,323,000 after acquiring an additional 1,700 shares during the last quarter. Finally, Vident Investment Advisory LLC grew its holdings in shares of DENTSPLY SIRONA by 13.8% during the 3rd quarter. Vident Investment Advisory LLC now owns 19,733 shares of the medical instruments supplier’s stock valued at $744,000 after acquiring an additional 2,397 shares in the last quarter. Institutional investors own 97.09% of the company’s stock.

In other news, insider Markus Boehringer sold 7,373 shares of the stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $37.86, for a total transaction of $279,141.78. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.93% of the company’s stock.

XRAY stock opened at $43.87 on Thursday. The firm has a market cap of $9.48 billion, a price-to-earnings ratio of 16.49, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06. DENTSPLY SIRONA Inc has a 52 week low of $33.93 and a 52 week high of $59.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.76 and a quick ratio of 1.14.

XRAY has been the topic of several recent analyst reports. Goldman Sachs Group raised shares of DENTSPLY SIRONA from a “sell” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Friday, October 19th. Barrington Research reaffirmed a “hold” rating on shares of DENTSPLY SIRONA in a research report on Friday, November 9th. UBS Group began coverage on shares of DENTSPLY SIRONA in a report on Thursday, January 17th. They set a “neutral” rating and a $42.00 price target on the stock. ValuEngine raised shares of DENTSPLY SIRONA from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 24th. Finally, BidaskClub upgraded DENTSPLY SIRONA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 12th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. DENTSPLY SIRONA has a consensus rating of “Hold” and an average target price of $50.62.

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DENTSPLY SIRONA Company Profile

DENTSPLY SIRONA Inc designs, develops, manufactures, and markets various dental and oral health products, and other consumable healthcare products primarily for the professional dental market worldwide. The company operates in two segments, Technologies & Equipment; and Consumables. Its dental supplies include endodontic instruments and materials, dental anesthetics, prophylaxis pastes, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride products; and small equipment products comprise dental hand pieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers.

Further Reading: Beta

Institutional Ownership by Quarter for DENTSPLY SIRONA (NASDAQ:XRAY)

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