Danaher Corporation (DHR) : Green Valley Investors added new position in Danaher Corporation during the most recent quarter end. The investment management firm now holds 2,168,594 shares of Danaher Corporation which is valued at $176,501,866 , the company said in a statement filed on Aug 12, 2016 with the SEC.Danaher Corporation makes up approximately 5.18% of Green Valley Investors’s portfolio.
Other Hedge Funds, Including , Grantham Mayo Van Otterloo reduced its stake in DHR by selling 920,016 shares or 98.95% in the most recent quarter. The Hedge Fund company now holds 9,717 shares of DHR which is valued at $790,867.National Pension Service boosted its stake in DHR in the latest quarter, The investment management firm added 23,813 additional shares and now holds a total of 366,392 shares of Danaher Corporation which is valued at $29,820,645. Danaher Corporation makes up approx 0.25% of National Pension Service’s portfolio.Teachers Advisors Inc boosted its stake in DHR in the latest quarter, The investment management firm added 41,667 additional shares and now holds a total of 913,510 shares of Danaher Corporation which is valued at $74,350,579. Danaher Corporation makes up approx 0.12% of Teachers Advisors Inc’s portfolio.Brown Advisory Inc reduced its stake in DHR by selling 117,039 shares or 1.74% in the most recent quarter. The Hedge Fund company now holds 6,596,738 shares of DHR which is valued at $536,182,865. Danaher Corporation makes up approx 1.81% of Brown Advisory Inc’s portfolio.Trust Co Of Vermont reduced its stake in DHR by selling 307 shares or 1.13% in the most recent quarter. The Hedge Fund company now holds 26,815 shares of DHR which is valued at $2,182,473. Danaher Corporation makes up approx 0.28% of Trust Co Of Vermont’s portfolio.
Danaher Corporation opened for trading at $81.19 and hit $82.08 on the upside on Monday, eventually ending the session at $81.84, with a gain of 0.79% or 0.64 points. The heightened volatility saw the trading volume jump to 25,27,394 shares. Company has a market cap of $56,514 M.
On the company’s financial health, Danaher Corporation reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $1.22. The company had revenue of $5785.00 million for the quarter, compared to analysts expectations of $5766.84 million. The company’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Many Wall Street Analysts have commented on Danaher Corporation. Shares were Reiterated by Barclays on Jul 11, 2016 to “Overweight” and Lowered the Price Target to $ 86 from a previous price target of $105 .Danaher Corporation was Initiated by Goldman to “Neutral” on Jul 5, 2016. Danaher Corporation was Upgraded by Bernstein to ” Outperform” on Jun 24, 2016.
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.