Danaher Corporation (DHR) : Capital International Sarl scooped up 13,350 additional shares in Danaher Corporation during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 168,050 shares of Danaher Corporation which is valued at $16 Million.Danaher Corporation makes up approximately 1.42% of Capital International Sarl’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities reduced its stake in DHR by selling 336,837 shares or 94.77% during the fourth quarter. The Hedge Fund company now holds 18,606 shares of DHR which is valued at $1.8 Million. Danaher Corporation makes up approx 0.01% of Sg Americas Securities’s portfolio.Parsons Capital Management Incri boosted its stake in DHR during the Q4 period, The investment management firm added 168 additional shares and now holds a total of 61,101 shares of Danaher Corporation which is valued at $5.8 Million. Danaher Corporation makes up approx 0.81% of Parsons Capital Management Incri’s portfolio.Lipe Dalton reduced its stake in DHR by selling 275 shares or 0.62% during the fourth quarter. The Hedge Fund company now holds 43,743 shares of DHR which is valued at $4.2 Million. Danaher Corporation makes up approx 3.36% of Lipe Dalton’s portfolio.Wetherby Asset Management Inc reduced its stake in DHR by selling 96 shares or 0.87% during the fourth quarter. The Hedge Fund company now holds 10,962 shares of DHR which is valued at $1 Million. Danaher Corporation makes up approx 0.25% of Wetherby Asset Management Inc’s portfolio.
On the company’s financial health, Danaher Corporation reported $1.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $1.26. The company had revenue of $5884.80 million for the quarter, compared to analysts expectations of $6005.39 million. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.
Many Wall Street Analysts have commented on Danaher Corporation. Shares were Reiterated by RBC Capital Mkts on Jan 27, 2016 to “Sector Perform” and Lowered the Price Target to $ 87 from a previous price target of $93 .Danaher Corporation was Downgraded by Goldman to ” Neutral” on Dec 8, 2015.
Danaher Corporation closed down -0.43 points or -0.45% at $94.86 with 22,02,795 shares getting traded on Monday. Post opening the session at $95, the shares hit an intraday low of $94.32 and an intraday high of $95.27 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.