DENTSPLY International (XRAY) : Generation Investment Management Llp reduced its stake in DENTSPLY International by 0.03% during the most recent quarter end. The investment management company now holds a total of 3,487,020 shares of DENTSPLY International which is valued at $212,777,960 after selling 900 shares in DENTSPLY International , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.DENTSPLY International makes up approximately 2.27% of Generation Investment Management Llp’s portfolio.
Other Hedge Funds, Including , Brown Brothers Harriman Co reduced its stake in XRAY by selling 160,802 shares or 6.64% in the most recent quarter. The Hedge Fund company now holds 2,259,221 shares of XRAY which is valued at $137,857,665. DENTSPLY International makes up approx 0.69% of Brown Brothers Harriman Co’s portfolio.Blackrock Advisors boosted its stake in XRAY in the latest quarter, The investment management firm added 450,653 additional shares and now holds a total of 716,057 shares of DENTSPLY International which is valued at $43,693,798. DENTSPLY International makes up approx 0.05% of Blackrock Advisors’s portfolio.Glenmede Trust Co Na reduced its stake in XRAY by selling 1,505 shares or 21.75% in the most recent quarter. The Hedge Fund company now holds 5,413 shares of XRAY which is valued at $335,552. Skylands Capital sold out all of its stake in XRAY during the most recent quarter. The investment firm sold 5,301 shares of XRAY which is valued $331,790.
DENTSPLY International closed down -0.07 points or -0.11% at $61.13 with 1,008,107 shares getting traded on Wednesday. Post opening the session at $61.11, the shares hit an intraday low of $60.89 and an intraday high of $61.49 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.
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.