John G Ullman & Associates Inc. Has $566,000 Stock Holdings in DENTSPLY SIRONA Inc. (NASDAQ:XRAY)

John G Ullman & Associates Inc. cut its stake in shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY) by 84.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,800 shares of the medical instruments supplier’s stock after selling 163,206 shares during the period. John G Ullman & Associates Inc.’s holdings in DENTSPLY SIRONA were worth $566,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. State of Alaska Department of Revenue raised its position in DENTSPLY SIRONA by 2.4% during the third quarter. State of Alaska Department of Revenue now owns 23,545 shares of the medical instruments supplier’s stock valued at $637,000 after buying an additional 560 shares during the period. UMB Bank n.a. raised its position in DENTSPLY SIRONA by 60.8% during the fourth 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 during the period. MML Investors Services LLC raised its position in DENTSPLY SIRONA by 2.1% during the third 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 during the period. Allworth Financial LP raised its position in DENTSPLY SIRONA by 40.2% during the third 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 during the period. Finally, Blue Trust Inc. raised its position in DENTSPLY SIRONA by 10.9% during the fourth 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 during the period. 95.70% of the stock is owned by institutional investors and hedge funds.

DENTSPLY SIRONA Trading Down 3.5 %

DENTSPLY SIRONA stock opened at $16.55 on Friday. The business has a 50 day moving average price of $18.83 and a two-hundred day moving average price of $21.50. The company has a quick ratio of 0.84, a current ratio of 1.25 and a debt-to-equity ratio of 0.72. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of -8.00, a price-to-earnings-growth ratio of 1.80 and a beta of 0.96. DENTSPLY SIRONA Inc. has a 12 month low of $16.21 and a 12 month high of $34.91.

DENTSPLY SIRONA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be issued a $0.16 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.64 annualized dividend and a yield of 3.87%. DENTSPLY SIRONA’s dividend payout ratio (DPR) is -30.92%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Leerink Partners lowered DENTSPLY SIRONA from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Needham & Company LLC dropped their target price on DENTSPLY SIRONA from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday. Morgan Stanley dropped their target price on DENTSPLY SIRONA from $30.00 to $23.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. Leerink Partnrs lowered DENTSPLY SIRONA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, UBS Group dropped their target price on DENTSPLY SIRONA from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Tuesday, December 3rd. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $23.58.

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.