Danaher Corporation (DHR) : Argentiere Capital Ag added new position in Danaher Corporation during the most recent quarter end. The investment management firm now holds 164,000 shares of Danaher Corporation which is valued at $15,968,680 , the company said in a statement filed on May 9, 2016 with the SEC.Danaher Corporation makes up approximately 12.70% of Argentiere Capital Ag’s portfolio.
Other Hedge Funds, Including , Cls Investments reduced its stake in DHR by selling 19 shares or 5.96% in the most recent quarter. The Hedge Fund company now holds 300 shares of DHR which is valued at $29,211.Grandfield Dodd boosted its stake in DHR in the latest quarter, The investment management firm added 527 additional shares and now holds a total of 7,101 shares of Danaher Corporation which is valued at $689,578. Danaher Corporation makes up approx 0.10% of Grandfield Dodd’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.Wealthtrust Fairport boosted its stake in DHR in the latest quarter, The investment management firm added 1,715 additional shares and now holds a total of 63,927 shares of Danaher Corporation which is valued at $6,207,951. Danaher Corporation makes up approx 0.83% of Wealthtrust Fairport’s portfolio.
Danaher Corporation closed down -0.75 points or -0.76% at $97.37 with 24,06,603 shares getting traded on Friday. Post opening the session at $97.99, the shares hit an intraday low of $97.08 and an intraday high of $98.47 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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 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.