Danaher Co. (DHR) Shares Bought by NN Investment Partners Holdings N.V.

NN Investment Partners Holdings N.V. increased its position in Danaher Co. (NYSE:DHR) by 13.0% in the third quarter, HoldingsChannel.com reports. The firm owned 7,545 shares of the conglomerate’s stock after purchasing an additional 868 shares during the quarter. NN Investment Partners Holdings N.V.’s holdings in Danaher were worth $820,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IMS Capital Management purchased a new position in Danaher during the second quarter valued at $107,000. BerganKDV Wealth Management LLC purchased a new position in Danaher during the second quarter valued at $111,000. Fort L.P. purchased a new position in Danaher during the second quarter valued at $119,000. Braun Bostich & Associates Inc. raised its stake in Danaher by 506.4% during the second quarter. Braun Bostich & Associates Inc. now owns 1,225 shares of the conglomerate’s stock valued at $121,000 after buying an additional 1,023 shares during the last quarter. Finally, Reilly Financial Advisors LLC raised its stake in Danaher by 62.6% during the third quarter. Reilly Financial Advisors LLC now owns 1,301 shares of the conglomerate’s stock valued at $141,000 after buying an additional 501 shares during the last quarter. Institutional investors own 76.80% of the company’s stock.

In other Danaher news, EVP William K. Daniel sold 103,086 shares of the business’s stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $100.63, for a total transaction of $10,373,544.18. Following the completion of the sale, the executive vice president now owns 167,080 shares of the company’s stock, valued at $16,813,260.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donald J. Ehrlich sold 10,578 shares of the business’s stock in a transaction dated Tuesday, October 23rd. The shares were sold at an average price of $95.77, for a total value of $1,013,055.06. Following the sale, the director now directly owns 105,491 shares of the company’s stock, valued at approximately $10,102,873.07. The disclosure for this sale can be found here. Insiders sold 196,881 shares of company stock valued at $19,737,553 in the last ninety days. 11.90% of the stock is currently owned by corporate insiders.



Shares of DHR opened at $104.07 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.53 and a quick ratio of 1.08. Danaher Co. has a one year low of $91.65 and a one year high of $110.13. The firm has a market capitalization of $70.95 billion, a P/E ratio of 25.82, a PEG ratio of 1.95 and a beta of 1.04.

Danaher (NYSE:DHR) last issued its quarterly earnings data on Thursday, October 18th. The conglomerate reported $1.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.03. Danaher had a return on equity of 11.59% and a net margin of 14.07%. The company had revenue of $4.85 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the company posted $1.00 earnings per share. Danaher’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts predict that Danaher Co. will post 4.51 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 26th. Investors of record on Friday, September 28th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend was Thursday, September 27th. Danaher’s payout ratio is currently 15.88%.

A number of research analysts have issued reports on the company. ValuEngine upgraded Danaher from a “hold” rating to a “buy” rating in a research note on Thursday, July 12th. Zacks Investment Research cut Danaher from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Robert W. Baird lowered their price objective on Danaher from $116.00 to $114.00 and set an “outperform” rating for the company in a research note on Friday, October 19th. Morgan Stanley lifted their price objective on Danaher from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Friday, July 20th. Finally, Royal Bank of Canada lifted their price objective on Danaher to $107.00 and gave the company a “positive” rating in a research note on Thursday, July 19th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Danaher currently has a consensus rating of “Buy” and a consensus price target of $112.14.

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About Danaher

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company's Life Sciences segment provides laser scanning, compound, surgical, and other stereo microscopes. This segment also offers filtration, separation, and purification technologies to the biopharmaceutical, food and beverage, medical, aerospace, microelectronics, and general industrial sectors.

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Institutional Ownership by Quarter for Danaher (NYSE:DHR)

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