Sigma Investment Counselors Inc buys $4,018,124 stake in Danaher Corporation (DHR)

Danaher Corporation (DHR) : Sigma Investment Counselors Inc scooped up 91 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 41,531 shares of Danaher Corporation which is valued at $4,018,124.Danaher Corporation makes up approximately 0.71% of Sigma Investment Counselors Inc’s portfolio.

Danaher Corporation opened for trading at $96.73 and hit $97.58 on the upside on Monday, eventually ending the session at $97.39, with a gain of 0.66% or 0.64 points. The heightened volatility saw the trading volume jump to 22,68,939 shares. Company has a market cap of $67,072 M.

Other Hedge Funds, Including , Burt Wealth Advisors reduced its stake in DHR by selling 125 shares or 18.52% in the most recent quarter. The Hedge Fund company now holds 550 shares of DHR which is valued at $53,213. Danaher Corporation makes up approx 0.05% of Burt Wealth Advisors’s portfolio.Chemung Canal Trust Co reduced its stake in DHR by selling 1,769 shares or 7.33% in the most recent quarter. The Hedge Fund company now holds 22,366 shares of DHR which is valued at $2,156,530. Danaher Corporation makes up approx 0.49% of Chemung Canal Trust Co’s portfolio.High Point Bank Trust Co reduced its stake in DHR by selling 200 shares or 11.76% in the most recent quarter. The Hedge Fund company now holds 1,500 shares of DHR which is valued at $144,630. Danaher Corporation makes up approx 0.04% of High Point Bank Trust Co’s portfolio.Sit Investment Associates Inc boosted its stake in DHR in the latest quarter, The investment management firm added 15,716 additional shares and now holds a total of 26,965 shares of Danaher Corporation which is valued at $2,537,946. Danaher Corporation makes up approx 0.05% of Sit Investment Associates Inc’s portfolio.

On the company’s financial health, Danaher Corporation reported $1.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $1.03. The company had revenue of $5387.20 million for the quarter, compared to analysts expectations of $5329.83 million. The company’s revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 EPS.

Many Wall Street Analysts have commented on Danaher Corporation. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 96 from a previous price target of $87 .Company shares were Reiterated by Stifel on Apr 22, 2016 to “Buy”, Firm has raised the Price Target to $ 110 from a previous price target of $109 .Company shares were Reiterated by Barclays on Apr 22, 2016 to “Overweight”, Firm has raised the Price Target to $ 105 from a previous price target of $104 .

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 Company’s 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 Company’s Industrial Technologies solutions help protect the world’s food supply improve packaging design and quality verify pharmaceutical dosages and authenticity and power innovative machines.

Leave a Reply

Danaher Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Danaher Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.