Pictet North America Advisors Sa Lowers stake in DENTSPLY International (XRAY)

DENTSPLY International (XRAY) : Pictet North America Advisors Sa reduced its stake in DENTSPLY International by 0.87% during the most recent quarter end. The investment management company now holds a total of 28,245 shares of DENTSPLY International which is valued at $1,723,510 after selling 247 shares in DENTSPLY International , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.DENTSPLY International makes up approximately 0.38% of Pictet North America Advisors Sa’s portfolio.

Other Hedge Funds, Including , New York State Common Retirement Fund boosted its stake in XRAY in the latest quarter, The investment management firm added 105,905 additional shares and now holds a total of 1,141,629 shares of DENTSPLY International which is valued at $69,662,202. DENTSPLY International makes up approx 0.10% of New York State Common Retirement Fund’s portfolio.Ubs Asset Management Americas Inc boosted its stake in XRAY in the latest quarter, The investment management firm added 8,309 additional shares and now holds a total of 581,632 shares of DENTSPLY International which is valued at $35,735,470. DENTSPLY International makes up approx 0.04% of Ubs Asset Management Americas Inc’s portfolio.Penserra Capital Management boosted its stake in XRAY in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 1,080 shares of DENTSPLY International which is valued at $66,355. DENTSPLY International makes up approx 0.01% of Penserra Capital Management’s portfolio.Ropes Wealth Advisors boosted its stake in XRAY in the latest quarter, The investment management firm added 1,503 additional shares and now holds a total of 7,065 shares of DENTSPLY International which is valued at $434,074. DENTSPLY International makes up approx 0.15% of Ropes Wealth Advisors’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in XRAY in the latest quarter, The investment management firm added 821 additional shares and now holds a total of 36,011 shares of DENTSPLY International which is valued at $2,345,757. DENTSPLY International makes up approx 0.06% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.

DENTSPLY International opened for trading at $59.88 and hit $60.81 on the upside on Friday, eventually ending the session at $60.77, with a gain of 1.27% or 0.76 points. The heightened volatility saw the trading volume jump to 13,36,211 shares. Company has a market cap of $14,160 M.

On the company’s financial health, DENTSPLY International reported $0.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 5, 2016. Analyst had a consensus of $0.70. The company had revenue of $1022.00 million for the quarter, compared to analysts expectations of $1028.82 million. The company’s revenue was up 46.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

Many Wall Street Analysts have commented on DENTSPLY International. DENTSPLY International was Downgraded by Barrington Research to ” Mkt Perform” on Aug 8, 2016. DENTSPLY International was Initiated by Piper Jaffray to “Overweight” on Jun 13, 2016. Company shares were Reiterated by Barrington Research on May 13, 2016 to “Outperform”, Firm has raised the Price Target to $ 68 from a previous price target of $62 .

DENTSPLY International Inc. is a designer developer manufacturer and marketer of a range of consumable dental products for the professional dental market. It operates through three segments: Dental Consumable and Certain International Businesses; Dental Specialty and Laboratory and Certain Global Distribution Businesses and Healthcare and Emerging Markets Businesses. All the segments are primarily engaged in the design manufacture and distribution of dental and medical products in four product categories. Its Dental Consumable Products consist of dental supplies and devices and small equipment used in dental offices. Its Dental Laboratory Products are used in the preparation of dental appliances by dental laboratories. Its Dental Specialty Products are specialized treatment products used within the dental office and laboratory settings. Its Consumable Medical Device Products consist mainly of urology catheters certain surgical products medical drills and other products.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *