Mn Services Vermogensbeheer B.V. trimmed its position in DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 69.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,761 shares of the medical instruments supplier’s stock after selling 87,399 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in DENTSPLY SIRONA were worth $2,204,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of XRAY. Hanseatic Management Services Inc. acquired a new position in DENTSPLY SIRONA in the first quarter worth about $30,000. Cornerstone Advisors Inc. lifted its holdings in DENTSPLY SIRONA by 62.0% in the second quarter. Cornerstone Advisors Inc. now owns 904 shares of the medical instruments supplier’s stock worth $53,000 after acquiring an additional 346 shares during the last quarter. Arcadia Investment Management Corp MI bought a new position in DENTSPLY SIRONA in the second quarter worth about $58,000. Private Capital Group LLC lifted its holdings in DENTSPLY SIRONA by 74.7% in the first quarter. Private Capital Group LLC now owns 1,223 shares of the medical instruments supplier’s stock worth $61,000 after acquiring an additional 523 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in DENTSPLY SIRONA by 1,047.2% in the first quarter. Quadrant Capital Group LLC now owns 1,411 shares of the medical instruments supplier’s stock worth $68,000 after acquiring an additional 1,288 shares during the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.
In related news, SVP Markus Boehringer sold 22,900 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $54.80, for a total transaction of $1,254,920.00. Following the sale, the senior vice president now owns 49,849 shares of the company’s stock, valued at $2,731,725.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Maureen J. Macinnis sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $56.06, for a total value of $840,900.00. Following the sale, the senior vice president now directly owns 25,360 shares in the company, valued at approximately $1,421,681.60. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 22,720 shares of company stock worth $1,223,243. Corporate insiders own 0.62% of the company’s stock.
Shares of XRAY traded up $0.17 during mid-day trading on Friday, reaching $52.54. 361,254 shares of the company’s stock traded hands, compared to its average volume of 1,697,336. The firm’s 50-day simple moving average is $56.44. The company has a market cap of $11.57 billion, a PE ratio of 26.14, a P/E/G ratio of 1.89 and a beta of 0.97. The company has a quick ratio of 1.39, a current ratio of 2.08 and a debt-to-equity ratio of 0.30. DENTSPLY SIRONA Inc has a 12 month low of $33.93 and a 12 month high of $59.40.
DENTSPLY SIRONA (NASDAQ:XRAY) last released its quarterly earnings results on Friday, August 2nd. The medical instruments supplier reported $0.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.04. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.04 billion. DENTSPLY SIRONA had a return on equity of 9.19% and a net margin of 2.67%. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share. As a group, analysts expect that DENTSPLY SIRONA Inc will post 2.39 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Friday, June 28th were issued a dividend of $0.0875 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date was Thursday, June 27th. This is a boost from DENTSPLY SIRONA’s previous quarterly dividend of $0.09. DENTSPLY SIRONA’s payout ratio is 17.41%.
About DENTSPLY SIRONA
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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