Latest Stocks: Suntrust Banks Inc. Increases Position in DENTSPLY SIRONA Inc (XRAY)

Latest Stocks: Suntrust Banks Inc. Increases Position in DENTSPLY SIRONA Inc (XRAY)

Suntrust Banks Inc. increased its position in shares of DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 4.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,150 shares of the medical instruments supplier’s stock after buying an additional 892 shares during the period. Suntrust Banks Inc.’s holdings in DENTSPLY SIRONA were worth $1,257,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Buffington Mohr McNeal acquired a new stake in DENTSPLY SIRONA during the first quarter worth $470,000. Capital Fund Management S.A. purchased a new stake in shares of DENTSPLY SIRONA during the first quarter valued at $1,811,000. Daiwa Securities Group Inc. boosted its stake in shares of DENTSPLY SIRONA by 2.4% in the first quarter. Daiwa Securities Group Inc. now owns 6,350 shares of the medical instruments supplier’s stock valued at $396,000 after buying an additional 150 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of DENTSPLY SIRONA by 10.9% in the first quarter. Advisors Asset Management Inc. now owns 109,273 shares of the medical instruments supplier’s stock valued at $6,823,000 after buying an additional 10,719 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of DENTSPLY SIRONA by 27.7% in the first quarter. First Trust Advisors LP now owns 297,696 shares of the medical instruments supplier’s stock valued at $18,588,000 after buying an additional 64,530 shares in the last quarter. 94.32% of the stock is owned by institutional investors and hedge funds.

Shares of DENTSPLY SIRONA Inc (NASDAQ:XRAY) opened at 63.90 on Tuesday. The stock’s 50 day moving average is $63.05 and its 200-day moving average is $60.85. DENTSPLY SIRONA Inc has a 1-year low of $55.00 and a 1-year high of $65.83. The firm has a market cap of $14.65 billion, a PE ratio of 41.12 and a beta of 1.21.

Several analysts have recently commented on the stock. Zacks Investment Research raised shares of DENTSPLY SIRONA from a “sell” rating to a “hold” rating and set a $71.00 price target on the stock in a research note on Tuesday, May 2nd. Barrington Research lowered shares of DENTSPLY SIRONA from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 21st. Cleveland Research upgraded shares of DENTSPLY SIRONA from a “neutral” rating to a “buy” rating in a report on Tuesday, May 23rd. Goldman Sachs Group Inc lowered shares of DENTSPLY SIRONA from a “neutral” rating to a “sell” rating and cut their target price for the stock from $60.00 to $55.00 in a report on Tuesday, May 23rd. Finally, Stifel Nicolaus upgraded shares of DENTSPLY SIRONA from a “hold” rating to a “buy” rating and increased their target price for the stock from $62.00 to $70.00 in a report on Monday, February 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $66.80. In related news, CEO James G. Mosch sold 50,600 shares of DENTSPLY SIRONA stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $63.49, for a total value of $3,212,594.00. Following the completion of the transaction, the chief executive officer now directly owns 105,083 shares in the company, valued at $6,671,719.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ulrich Michel sold 24,000 shares of DENTSPLY SIRONA stock in a transaction dated Thursday, March 9th. The stock was sold at an average price of $62.84, for a total value of $1,508,160.00. Following the completion of the transaction, the insider now owns 94,067 shares of the company’s stock, valued at $5,911,170.28. The disclosure for this sale can be found here. Insiders sold 164,300 shares of company stock valued at $10,342,253 over the last quarter. Insiders own 2.20% of the company’s stock.

Receive News & Ratings for DENTSPLY SIRONA Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for DENTSPLY SIRONA Inc and related companies with MarketBeat.com’s FREE daily email newsletter.

Related posts

Leave a Comment