Kirr Marbach & Co. LLC IN acquired a new stake in DENTSPLY SIRONA Inc (NASDAQ:XRAY) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 188,627 shares of the medical instruments supplier’s stock, valued at approximately $9,354,000. DENTSPLY SIRONA comprises about 2.3% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 20th biggest holding. Kirr Marbach & Co. LLC IN owned about 0.08% of DENTSPLY SIRONA at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the stock. FMR LLC grew its holdings in DENTSPLY SIRONA by 20.2% during the 3rd quarter. FMR LLC now owns 1,023,473 shares of the medical instruments supplier’s stock worth $38,626,000 after acquiring an additional 172,162 shares in the last quarter. Allianz Asset Management GmbH increased its stake in DENTSPLY SIRONA by 182.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 51,113 shares of the medical instruments supplier’s stock valued at $1,929,000 after buying an additional 33,031 shares during the period. Riverhead Capital Management LLC grew its stake in shares of DENTSPLY SIRONA by 16.0% in the 3rd quarter. Riverhead Capital Management LLC now owns 11,225 shares of the medical instruments supplier’s stock worth $424,000 after purchasing an additional 1,550 shares during the last quarter. Jane Street Group LLC grew its stake in shares of DENTSPLY SIRONA by 63.8% in the 3rd quarter. Jane Street Group LLC now owns 38,714 shares of the medical instruments supplier’s stock worth $1,461,000 after purchasing an additional 15,072 shares during the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of DENTSPLY SIRONA by 21.8% in the third quarter. Pacer Advisors Inc. now owns 21,456 shares of the medical instruments supplier’s stock worth $810,000 after acquiring an additional 3,842 shares in the last quarter. Hedge funds and other institutional investors own 99.78% of the company’s stock.
A number of analysts have issued reports on the stock. BidaskClub cut shares of DENTSPLY SIRONA from a “buy” rating to a “hold” rating in a research note on Friday, March 22nd. ValuEngine raised shares of DENTSPLY SIRONA from a “hold” rating to a “buy” rating in a report on Saturday, May 4th. Barrington Research upgraded shares of DENTSPLY SIRONA from a “market perform” rating to an “outperform” rating and set a $63.00 target price on the stock in a research note on Monday. Zacks Investment Research downgraded shares of DENTSPLY SIRONA from a “buy” rating to a “hold” rating in a research report on Monday. Finally, HC Wainwright reiterated a “neutral” rating and set a $55.00 price target (up previously from $49.00) on shares of DENTSPLY SIRONA in a research report on Monday. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $53.25.
DENTSPLY SIRONA stock opened at $54.99 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.27 and a current ratio of 1.86. DENTSPLY SIRONA Inc has a 1 year low of $33.93 and a 1 year high of $55.88. The stock has a market cap of $12.19 billion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 2.25 and a beta of 1.11.
DENTSPLY SIRONA (NASDAQ:XRAY) last released its earnings results on Friday, May 3rd. The medical instruments supplier reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.10. DENTSPLY SIRONA had a negative net margin of 26.48% and a positive return on equity of 8.98%. The company had revenue of $946.20 million for the quarter, compared to the consensus estimate of $925.13 million. During the same period in the prior year, the company posted $0.45 EPS. The company’s revenue was down 1.0% compared to the same quarter last year. On average, analysts forecast that DENTSPLY SIRONA Inc will post 2.33 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were paid a $0.087 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 0.63%. DENTSPLY SIRONA’s dividend payout ratio (DPR) is presently 17.41%.
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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.
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