Danaher Corporation (DHR) : Efg Asset Management (americas) Corp. reduced its stake in Danaher Corporation by 11.19% during the most recent quarter end. The investment management company now holds a total of 47,056 shares of Danaher Corporation which is valued at $3,722,130 after selling 5,927 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Danaher Corporation makes up approximately 1.62% of Efg Asset Management (americas) Corp.’s portfolio.
Other Hedge Funds, Including , Farr Miller Washingtondc boosted its stake in DHR in the latest quarter, The investment management firm added 3,732 additional shares and now holds a total of 255,392 shares of Danaher Corporation which is valued at $20,201,507. Danaher Corporation makes up approx 2.19% of Farr Miller Washingtondc’s portfolio.Grantham Mayo Van Otterloo reduced its stake in DHR by selling 5,891 shares or 60.63% in the most recent quarter. The Hedge Fund company now holds 3,826 shares of DHR which is valued at $306,998.Boys Arnold Co Inc reduced its stake in DHR by selling 238 shares or 0.73% in the most recent quarter. The Hedge Fund company now holds 32,537 shares of DHR which is valued at $2,496,889. Danaher Corporation makes up approx 0.44% of Boys Arnold Co Inc’s portfolio.Suffolk Capital Management boosted its stake in DHR in the latest quarter, The investment management firm added 23,100 additional shares and now holds a total of 84,002 shares of Danaher Corporation which is valued at $6,470,674. Danaher Corporation makes up approx 0.92% of Suffolk Capital Management’s portfolio.Train Babcock Advisors reduced its stake in DHR by selling 138 shares or 0.46% in the most recent quarter. The Hedge Fund company now holds 29,951 shares of DHR which is valued at $2,401,471. Danaher Corporation makes up approx 0.92% of Train Babcock Advisors’s portfolio.
Danaher Corporation closed down -0.98 points or -1.23% at $78.99 with 33,04,863 shares getting traded on Monday. Post opening the session at $79.94, the shares hit an intraday low of $78.61 and an intraday high of $79.97 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Danaher Corporation reported $0.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Oct 20, 2016. Analyst had a consensus of $0.82. The company had revenue of $4132.10 million for the quarter, compared to analysts expectations of $4129.02 million. The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS.
Danaher Corporation (Danaher) designs manufactures and markets professional medical industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental and Industrial Technologies. The Test & Measurement segment offers test measurement and monitoring products. The Environmental segment products and services help protect the global water supply facilitate environmental stewardship and enhance the safety of personal data. The Companys diagnostics business offers analytical instruments reagents consumables software and services. The Dental segment provides products that are used to diagnose treat and prevent disease and ailments of the teeth gums and supporting bone. The Companys Industrial Technologies solutions help protect the worlds food supply improve packaging design and quality verify pharmaceutical dosages and authenticity and power innovative machines.