Brown Advisory Securities Lowers stake in Danaher Corporation (DHR)

Danaher Corporation (DHR) : Brown Advisory Securities reduced its stake in Danaher Corporation by 0.15% during the most recent quarter end. The investment management company now holds a total of 29,241 shares of Danaher Corporation which is valued at $2,847,196 after selling 43 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on May 10, 2016.Danaher Corporation makes up approximately 0.94% of Brown Advisory Securities’s portfolio.

Other Hedge Funds, Including , Spot Trading L.l.c reduced its stake in DHR by selling 184,293 shares or 93.07% in the most recent quarter. The Hedge Fund company now holds 13,730 shares of DHR which is valued at $1,336,890. Danaher Corporation makes up approx 0.18% of Spot Trading L.l.c’s portfolio. First Long Island Investors sold out all of its stake in DHR during the most recent quarter. The investment firm sold 3,000 shares of DHR which is valued $291,330.Gryphon International Investment Corp reduced its stake in DHR by selling 1,270 shares or 0.77% in the most recent quarter. The Hedge Fund company now holds 164,057 shares of DHR which is valued at $15,931,575. Danaher Corporation makes up approx 3.47% of Gryphon International Investment Corp’s portfolio.Boys Arnold Co Inc reduced its stake in DHR by selling 45,130 shares or 66.29% in the most recent quarter. The Hedge Fund company now holds 22,952 shares of DHR which is valued at $2,220,606. Danaher Corporation makes up approx 0.88% of Boys Arnold Co Inc’s portfolio.

Danaher Corporation opened for trading at $97.71 and hit $98.9201 on the upside on Monday, eventually ending the session at $98.65, with a gain of 1.31% or 1.28 points. The heightened volatility saw the trading volume jump to 23,87,699 shares. Company has a market cap of $67,940 M.

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.