British Airways Pensions Investment Management Ltd adds Danaher Corporation (DHR) to its portfolio

Danaher Corporation (DHR) : British Airways Pensions Investment Management Ltd added new position in Danaher Corporation during the most recent quarter end. The investment management firm now holds 431,450 shares of Danaher Corporation which is valued at $41,898,110 , the company said in a statement filed on May 3, 2016 with the SEC.Danaher Corporation makes up approximately 1.30% of British Airways Pensions Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Lakeview Capital Partners boosted its stake in DHR in the latest quarter, The investment management firm added 189 additional shares and now holds a total of 5,436 shares of Danaher Corporation which is valued at $527,890. Danaher Corporation makes up approx 0.34% of Lakeview Capital Partners’s portfolio.Confluence Wealth Management boosted its stake in DHR in the latest quarter, The investment management firm added 3,539 additional shares and now holds a total of 11,558 shares of Danaher Corporation which is valued at $1,118,237. Danaher Corporation makes up approx 0.51% of Confluence Wealth Management’s portfolio.Tocqueville Asset Management boosted its stake in DHR in the latest quarter, The investment management firm added 2,012 additional shares and now holds a total of 54,419 shares of Danaher Corporation which is valued at $5,265,038. Danaher Corporation makes up approx 0.07% of Tocqueville Asset Management’s portfolio.Moreno Evelyn V boosted its stake in DHR in the latest quarter, The investment management firm added 1,890 additional shares and now holds a total of 60,855 shares of Danaher Corporation which is valued at $5,867,639. Danaher Corporation makes up approx 2.24% of Moreno Evelyn V’s portfolio.Stralem Co Inc reduced its stake in DHR by selling 32,852 shares or 9.53% in the most recent quarter. The Hedge Fund company now holds 312,048 shares of DHR which is valued at $30,087,668. Danaher Corporation makes up approx 3.23% of Stralem Co Inc’s portfolio.

Danaher Corporation opened for trading at $97.49 and hit $98.34 on the upside on Tuesday, eventually ending the session at $98.32, with a gain of 1.30% or 1.26 points. The heightened volatility saw the trading volume jump to 18,96,572 shares. Company has a market cap of $67,713 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.

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