UBS Asset Management Americas Inc. boosted its stake in shares of Danaher Corp. (NYSE:DHR) by 14.3% during the third quarter, Holdings Channel reports. The institutional investor owned 4,486,038 shares of the company’s stock after buying an additional 562,626 shares during the period. UBS Asset Management Americas Inc.’s holdings in Danaher Corp. were worth $351,660,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Lincoln Capital LLC increased its position in shares of Danaher Corp. by 0.3% in the second quarter. Lincoln Capital LLC now owns 2,508 shares of the company’s stock valued at $253,000 after buying an additional 8 shares during the period. Clear Harbor Asset Management LLC increased its position in Danaher Corp. by 0.5% in the second quarter. Clear Harbor Asset Management LLC now owns 4,006 shares of the company’s stock worth $405,000 after buying an additional 20 shares during the last quarter. Bank of The Ozarks increased its position in Danaher Corp. by 0.4% in the third quarter. Bank of The Ozarks now owns 5,010 shares of the company’s stock worth $393,000 after buying an additional 20 shares during the last quarter. Alpha Windward LLC increased its position in Danaher Corp. by 1.0% in the third quarter. Alpha Windward LLC now owns 2,655 shares of the company’s stock worth $208,000 after buying an additional 26 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its position in Danaher Corp. by 0.7% in the second quarter. Quadrant Capital Group LLC now owns 3,799 shares of the company’s stock worth $375,000 after buying an additional 28 shares during the last quarter. Institutional investors own 74.86% of the company’s stock.

Institutional Ownership by Quarter for Danaher Corp. (NYSE:DHR)

Danaher Corp. (NYSE:DHR) opened at 78.17 on Thursday. The stock’s 50 day moving average is $78.41 and its 200 day moving average is $78.26. Danaher Corp. has a 52 week low of $61.60 and a 52 week high of $82.64. The company has a market capitalization of $54.07 billion, a PE ratio of 21.87 and a beta of 1.06.

Danaher Corp. (NYSE:DHR) last posted its quarterly earnings data on Thursday, October 20th. The company reported $0.87 EPS for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.05. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.14 billion. Danaher Corp. had a return on equity of 12.90% and a net margin of 11.78%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 earnings per share. Analysts predict that Danaher Corp. will post $3.59 EPS for the current fiscal year.

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A number of research firms have issued reports on DHR. Morgan Stanley restated a “buy” rating and set a $86.00 target price on shares of Danaher Corp. in a research report on Wednesday, August 31st. Zacks Investment Research upgraded shares of Danaher Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 31st. Cowen and Company upgraded shares of Danaher Corp. from a “market perform” rating to an “outperform” rating and set a $95.00 target price on the stock in a research report on Friday, November 11th. RBC Capital Markets set a $86.00 target price on shares of Danaher Corp. and gave the company a “hold” rating in a research report on Friday, October 21st. Finally, Barclays PLC upped their price target on Danaher Corp. from $90.00 to $91.00 and gave the company an “overweight” rating in a research note on Wednesday, September 7th. Seven research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Danaher Corp. currently has an average rating of “Buy” and a consensus target price of $92.14.

In related news, insider Thomas Patrick Joyce, Jr. sold 36,125 shares of Danaher Corp. stock in a transaction that occurred on Friday, October 21st. The stock was sold at an average price of $79.68, for a total value of $2,878,440.00. Following the transaction, the insider now directly owns 205,407 shares of the company’s stock, valued at $16,366,829.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 12.60% of the stock is owned by corporate insiders.

Danaher Corp. 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. Its Test & Measurement segment offers products, software and services.

5 Day Chart for NYSE:DHR

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