Danaher Corporation (DHR) : Loring Wolcott Coolidge Fiduciary Advisors Llpma scooped up 61,160 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 26, 2016. The investment management firm now holds a total of 1,450,147 shares of Danaher Corporation which is valued at $140,301,722.Danaher Corporation makes up approximately 3.32% of Loring Wolcott Coolidge Fiduciary Advisors Llpma’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.Seaward Management Limited Partnership reduced its stake in DHR by selling 3,195 shares or 3.21% in the most recent quarter. The Hedge Fund company now holds 96,223 shares of DHR which is valued at $9,277,822. Danaher Corporation makes up approx 0.49% of Seaward Management Limited Partnership’s portfolio.Central Bank Trust Co boosted its stake in DHR in the latest quarter, The investment management firm added 83 additional shares and now holds a total of 1,673 shares of Danaher Corporation which is valued at $157,463. Danaher Corporation makes up approx 0.04% of Central Bank Trust Co’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 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.