Danaher Corporation (DHR) : First United Bank Trust reduced its stake in Danaher Corporation by 1.22% during the most recent quarter end. The investment management company now holds a total of 24,332 shares of Danaher Corporation which is valued at $2,290,128 after selling 301 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.Danaher Corporation makes up approximately 2.08% of First United Bank Trust’s portfolio.
Danaher Corporation opened for trading at $94.15 and hit $94.37 on the upside on Friday, eventually ending the session at $94.12, with a gain of 0.07% or 0.07 points. The heightened volatility saw the trading volume jump to 14,69,423 shares. Company has a market cap of $64,675 M.
Other Hedge Funds, Including , Dnb Asset Management As boosted its stake in DHR in the latest quarter, The investment management firm added 20,800 additional shares and now holds a total of 60,755 shares of Danaher Corporation which is valued at $5,718,261. Danaher Corporation makes up approx 0.12% of Dnb Asset Management As’s portfolio.Partnerre Asset Management Corp boosted its stake in DHR in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 4,085 shares of Danaher Corporation which is valued at $378,598. Danaher Corporation makes up approx 0.20% of Partnerre Asset Management Corp’s portfolio.Pensionfund Dsm Netherlands reduced its stake in DHR by selling 3,500 shares or 6.48% in the most recent quarter. The Hedge Fund company now holds 50,500 shares of DHR which is valued at $4,680,340. Danaher Corporation makes up approx 0.64% of Pensionfund Dsm Netherlands’s portfolio.
On the company’s financial health, Danaher Corporation reported $1.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $1.26. The company had revenue of $5884.80 million for the quarter, compared to analysts expectations of $6005.39 million. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.
Many Wall Street Analysts have commented on Danaher Corporation. Danaher Corporation was Downgraded by Bernstein to ” Mkt Perform” on Apr 4, 2016. Shares were Reiterated by RBC Capital Mkts on Jan 27, 2016 to “Sector Perform” and Lowered the Price Target to $ 87 from a previous price target of $93 .
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.