Danaher Corporation (DHR) : Baker Boyer National Bank reduced its stake in Danaher Corporation by 6.45% during the most recent quarter end. The investment management company now holds a total of 7,256 shares of Danaher Corporation which is valued at $682,935 after selling 500 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.Danaher Corporation makes up approximately 3.17% of Baker Boyer National Bank’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 , Monroe Bank Trustmi reduced its stake in DHR by selling 299 shares or 1.93% in the most recent quarter. The Hedge Fund company now holds 15,164 shares of DHR which is valued at $1,427,236. Danaher Corporation makes up approx 0.49% of Monroe Bank Trustmi’s portfolio.Central Trust Co boosted its stake in DHR in the latest quarter, The investment management firm added 183 additional shares and now holds a total of 18,442 shares of Danaher Corporation which is valued at $1,735,761. Danaher Corporation makes up approx 0.14% of Central Trust Co’s portfolio.Chevy Chase Trust Holdings reduced its stake in DHR by selling 7,173 shares or 0.82% in the most recent quarter. The Hedge Fund company now holds 868,162 shares of DHR which is valued at $80,461,254. Danaher Corporation makes up approx 0.46% of Chevy Chase Trust Holdings’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.