Danaher Corporation (DHR) Shares Sold by Candriam Luxembourg S.C.A., Report finds

Danaher Corporation (DHR) Shares Sold by Candriam Luxembourg S.C.A., Report finds

Candriam Luxembourg S.C.A. cut its position in Danaher Corporation (NYSE:DHR) by 60.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,604 shares of the company’s stock after selling 120,857 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Danaher Corporation were worth $6,240,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Lombard Odier Asset Management USA Corp increased its position in shares of Danaher Corporation by 278.9% in the third quarter. Lombard Odier Asset Management USA Corp now owns 32,600 shares of the company’s stock worth $2,556,000 after buying an additional 23,996 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its position in shares of Danaher Corporation by 18.6% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,220,413 shares of the company’s stock worth $95,668,000 after buying an additional 191,600 shares during the period. Eaton Vance Management increased its position in shares of Danaher Corporation by 12.0% in the third quarter. Eaton Vance Management now owns 1,027,262 shares of the company’s stock worth $80,527,000 after buying an additional 110,404 shares during the period. Lombard Odier Asset Management Europe Ltd bought a new position in shares of Danaher Corporation during the third quarter worth $704,000. Finally, Dai Ichi Life Holdings Inc. increased its position in shares of Danaher Corporation by 1.5% in the third quarter. Dai Ichi Life Holdings Inc. now owns 62,000 shares of the company’s stock worth $4,860,000 after buying an additional 918 shares during the period. 76.19% of the stock is currently owned by institutional investors.

Shares of Danaher Corporation (NYSE:DHR) traded down 0.12% during mid-day trading on Wednesday, reaching $82.98. The company’s stock had a trading volume of 1,699,638 shares. Danaher Corporation has a 12-month low of $62.82 and a 12-month high of $84.74. The company’s 50-day moving average price is $80.70 and its 200-day moving average price is $79.39. The stock has a market capitalization of $57.44 billion, a P/E ratio of 22.72 and a beta of 1.00.

Danaher Corporation (NYSE:DHR) last issued its earnings results on Tuesday, January 31st. The company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.02. Danaher Corporation had a return on equity of 12.38% and a net margin of 12.84%. The business earned $4.60 billion during the quarter, compared to analysts’ expectations of $4.54 billion. During the same period in the prior year, the business earned $0.91 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that Danaher Corporation will post $3.94 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, January 27th. Stockholders of record on Friday, December 30th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend was Wednesday, December 28th. Danaher Corporation’s payout ratio is 13.66%.

A number of equities analysts recently weighed in on the stock. Jefferies Group LLC boosted their price target on shares of Danaher Corporation from $93.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, February 1st. Credit Suisse Group raised shares of Danaher Corporation from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $80.00 to $93.00 in a report on Wednesday, February 1st. Evercore ISI boosted their price target on shares of Danaher Corporation from $88.50 to $91.50 and gave the stock a “buy” rating in a report on Tuesday, January 31st. Vetr raised shares of Danaher Corporation from a “buy” rating to a “strong-buy” rating and set a $89.84 price target on the stock in a report on Monday, January 23rd. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $88.00 price target on shares of Danaher Corporation in a report on Wednesday, January 18th. Six investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Danaher Corporation presently has a consensus rating of “Buy” and an average target price of $92.57.

Danaher Corporation Company Profile

Danaher Corporation designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers products, software and services.

Want to see what other hedge funds are holding DHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Danaher Corporation (NYSE:DHR).

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Danaher Corporation (DHR) Shares Sold by Candriam Luxembourg S.C.A.

Danaher Corporation (DHR) Shares Sold by Candriam Luxembourg S.C.A.

Candriam Luxembourg S.C.A. cut its position in Danaher Corporation (NYSE:DHR) by 60.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,604 shares of the company’s stock after selling 120,857 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Danaher Corporation were worth $6,240,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Lombard Odier Asset Management USA Corp increased its position in shares of Danaher Corporation by 278.9% in the third quarter. Lombard Odier Asset Management USA Corp now owns 32,600 shares of the company’s stock worth $2,556,000 after buying an additional 23,996 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its position in shares of Danaher Corporation by 18.6% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,220,413 shares of the company’s stock worth $95,668,000 after buying an additional 191,600 shares during the period. Eaton Vance Management increased its position in shares of Danaher Corporation by 12.0% in the third quarter. Eaton Vance Management now owns 1,027,262 shares of the company’s stock worth $80,527,000 after buying an additional 110,404 shares during the period. Lombard Odier Asset Management Europe Ltd bought a new position in shares of Danaher Corporation during the third quarter worth $704,000. Finally, Dai Ichi Life Holdings Inc. increased its position in shares of Danaher Corporation by 1.5% in the third quarter. Dai Ichi Life Holdings Inc. now owns 62,000 shares of the company’s stock worth $4,860,000 after buying an additional 918 shares during the period. 76.19% of the stock is currently owned by institutional investors.

Shares of Danaher Corporation (NYSE:DHR) traded down 0.12% during mid-day trading on Wednesday, reaching $82.98. The company’s stock had a trading volume of 1,699,638 shares. Danaher Corporation has a 12-month low of $62.82 and a 12-month high of $84.74. The company’s 50-day moving average price is $80.70 and its 200-day moving average price is $79.39. The stock has a market capitalization of $57.44 billion, a P/E ratio of 22.72 and a beta of 1.00.

Danaher Corporation (NYSE:DHR) last issued its earnings results on Tuesday, January 31st. The company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.02. Danaher Corporation had a return on equity of 12.38% and a net margin of 12.84%. The business earned $4.60 billion during the quarter, compared to analysts’ expectations of $4.54 billion. During the same period in the prior year, the business earned $0.91 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that Danaher Corporation will post $3.94 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, January 27th. Stockholders of record on Friday, December 30th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend was Wednesday, December 28th. Danaher Corporation’s payout ratio is 13.66%.

A number of equities analysts recently weighed in on the stock. Jefferies Group LLC boosted their price target on shares of Danaher Corporation from $93.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, February 1st. Credit Suisse Group raised shares of Danaher Corporation from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $80.00 to $93.00 in a report on Wednesday, February 1st. Evercore ISI boosted their price target on shares of Danaher Corporation from $88.50 to $91.50 and gave the stock a “buy” rating in a report on Tuesday, January 31st. Vetr raised shares of Danaher Corporation from a “buy” rating to a “strong-buy” rating and set a $89.84 price target on the stock in a report on Monday, January 23rd. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $88.00 price target on shares of Danaher Corporation in a report on Wednesday, January 18th. Six investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Danaher Corporation presently has a consensus rating of “Buy” and an average target price of $92.57.

Danaher Corporation Company Profile

Danaher Corporation designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers products, software and services.

Want to see what other hedge funds are holding DHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Danaher Corporation (NYSE:DHR).

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Leave a Comment