Danaher Corporation (DHR) : Northstar Asset Management reduced its stake in Danaher Corporation by 1.25% during the most recent quarter end. The investment management company now holds a total of 74,831 shares of Danaher Corporation which is valued at $7,266,838 after selling 950 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on May 2, 2016.Danaher Corporation makes up approximately 3.11% of Northstar Asset Management’s portfolio.
Danaher Corporation opened for trading at $96.07 and hit $97.19 on the upside on Friday, eventually ending the session at $97.11, with a gain of 1.04% or 1 points. The heightened volatility saw the trading volume jump to 21,84,470 shares. Company has a market cap of $66,879 M.
Other Hedge Funds, Including , Harel Insurance Investments Financial Services Ltd. added DHR to its portfolio by purchasing 353 company shares during the most recent quarter which is valued at $34,280.Barrett Asset Management reduced its stake in DHR by selling 150 shares or 0.87% in the most recent quarter. The Hedge Fund company now holds 17,100 shares of DHR which is valued at $1,654,425. Danaher Corporation makes up approx 0.14% of Barrett Asset Management’s portfolio.Wilbanks Smith Thomas Asset Management reduced its stake in DHR by selling 79 shares or 0.48% in the most recent quarter. The Hedge Fund company now holds 16,232 shares of DHR which is valued at $1,570,446. Danaher Corporation makes up approx 0.19% of Wilbanks Smith Thomas Asset Management’s portfolio.Advisory Services Network reduced its stake in DHR by selling 4,121 shares or 96.35% in the most recent quarter. The Hedge Fund company now holds 156 shares of DHR which is valued at $15,042.Yhb Investment Advisors reduced its stake in DHR by selling 2,194 shares or 2.58% in the most recent quarter. The Hedge Fund company now holds 82,875 shares of DHR which is valued at $7,990,808. Danaher Corporation makes up approx 2.12% of Yhb Investment Advisors’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.