Danaher Corporation (DHR) : Eachwin Capital Lp scooped up 2,018 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 35,967 shares of Danaher Corporation which is valued at $2,927,354.Danaher Corporation makes up approximately 2.68% of Eachwin Capital Lp’s portfolio.
Other Hedge Funds, Including , Arizona State Retirement System boosted its stake in DHR in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 164,968 shares of Danaher Corporation which is valued at $13,426,746. Danaher Corporation makes up approx 0.16% of Arizona State Retirement System’s portfolio.Advisors Asset Management boosted its stake in DHR in the latest quarter, The investment management firm added 5,456 additional shares and now holds a total of 67,134 shares of Danaher Corporation which is valued at $5,474,106. Danaher Corporation makes up approx 0.09% of Advisors Asset Management’s portfolio.Calvert Investment Management reduced its stake in DHR by selling 36,813 shares or 17.1% in the most recent quarter. The Hedge Fund company now holds 178,514 shares of DHR which is valued at $14,548,891. Danaher Corporation makes up approx 0.73% of Calvert Investment Management’s portfolio.Whittier Trust Co Of Nevada Inc boosted its stake in DHR in the latest quarter, The investment management firm added 1,912 additional shares and now holds a total of 28,289 shares of Danaher Corporation which is valued at $2,303,856. Danaher Corporation makes up approx 0.25% of Whittier Trust Co Of Nevada Inc’s portfolio.Profit Investment Management reduced its stake in DHR by selling 34,438 shares or 67.66% in the most recent quarter. The Hedge Fund company now holds 16,461 shares of DHR which is valued at $1,337,292. Danaher Corporation makes up approx 1.02% of Profit Investment Management’s portfolio.
Danaher Corporation closed down -0.15 points or -0.19% at $79.35 with 3,844,479 shares getting traded on Wednesday. Post opening the session at $79.37, the shares hit an intraday low of $79.18 and an intraday high of $79.778 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Danaher Corporation reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $1.22. The company had revenue of $5785.00 million for the quarter, compared to analysts expectations of $5766.84 million. The company’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Many Wall Street Analysts have commented on Danaher Corporation. Shares were Reiterated by Barclays on Jul 11, 2016 to “Overweight” and Lowered the Price Target to $ 86 from a previous price target of $105 .Danaher Corporation was Initiated by Goldman to “Neutral” on Jul 5, 2016. Danaher Corporation was Upgraded by Bernstein to ” Outperform” on Jun 24, 2016.
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.