Danaher Corporation (DHR) : Polaris Greystone Financial Group reduced its stake in Danaher Corporation by 2.39% during the most recent quarter end. The investment management company now holds a total of 4,373 shares of Danaher Corporation which is valued at $354,126 after selling 107 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Danaher Corporation makes up approximately 0.05% of Polaris Greystone Financial Group’s portfolio.
Other Hedge Funds, Including , Ipswich Investment Management sold out all of its stake in DHR during the most recent quarter. The investment firm sold 800 shares of DHR which is valued $64,784.Concert Wealth Management reduced its stake in DHR by selling 125 shares or 2.07% in the most recent quarter. The Hedge Fund company now holds 5,923 shares of DHR which is valued at $482,369. Danaher Corporation makes up approx 0.06% of Concert Wealth Management’s portfolio.Nordea Investment Management Ab boosted its stake in DHR in the latest quarter, The investment management firm added 7,450 additional shares and now holds a total of 53,930 shares of Danaher Corporation which is valued at $4,389,363. Danaher Corporation makes up approx 0.01% of Nordea Investment Management Ab’s portfolio.Fisher Asset Management boosted its stake in DHR in the latest quarter, The investment management firm added 192 additional shares and now holds a total of 5,697 shares of Danaher Corporation which is valued at $461,685.Next Financial Group Inc boosted its stake in DHR in the latest quarter, The investment management firm added 467 additional shares and now holds a total of 2,482 shares of Danaher Corporation which is valued at $200,695. Danaher Corporation makes up approx 0.06% of Next Financial Group Inc’s portfolio.
Danaher Corporation closed down -0.22 points or -0.27% at $81.28 with 16,34,579 shares getting traded on Monday. Post opening the session at $81.66, the shares hit an intraday low of $81.2 and an intraday high of $81.7 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 $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.