Danaher Corporation (DHR) : Btr Capital Management Inc has sold out all of its stake in Danaher Corporation during the most recent quarter, according to the disclosure filed by the company on Oct 14, 2016 with the SEC. The investment management company has sold out 2,023 shares of Danaher Corporation which is valued at $154,072.
Other Hedge Funds, Including , Renaissance Investment Group reduced its stake in DHR by selling 233 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 78,852 shares of DHR which is valued at $6,009,311. Danaher Corporation makes up approx 2.93% of Renaissance Investment Group’s portfolio.Private Trust Co Na reduced its stake in DHR by selling 9,693 shares or 33.71% in the most recent quarter. The Hedge Fund company now holds 19,058 shares of DHR which is valued at $1,452,410. Danaher Corporation makes up approx 0.36% of Private Trust Co Na’s portfolio.Beacon Financial Group reduced its stake in DHR by selling 200 shares or 6.8% in the most recent quarter. The Hedge Fund company now holds 2,740 shares of DHR which is valued at $213,117. Danaher Corporation makes up approx 0.04% of Beacon Financial Group’s portfolio.
Danaher Corporation closed down -0.05 points or -0.07% at $76.16 with 32,21,072 shares getting traded on Friday. Post opening the session at $76.76, the shares hit an intraday low of $76.04 and an intraday high of $76.8 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 $1.25 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.
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.