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Advisor OS LLC grew its holdings in Danaher Co. (NYSE:DHR – Free Report) by 71.5% within the third quarter, in line with its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The agency owned 12,148 shares of the conglomerate’s inventory after shopping for a further 5,064 shares throughout the quarter. Advisor OS LLC’s holdings in Danaher have been price $3,014,000 on the finish of the newest quarter.
A number of different hedge funds have additionally modified their holdings of DHR. DHJJ Monetary Advisors Ltd. acquired a brand new stake in shares of Danaher within the third quarter valued at roughly $25,000. OFI Make investments Asset Administration acquired a brand new place in Danaher throughout the third quarter price $30,000. IAG Wealth Companions LLC raised its holdings in Danaher by 344.8% throughout the second quarter. IAG Wealth Companions LLC now owns 129 shares of the conglomerate’s inventory price $31,000 after buying a further 100 shares over the past quarter. WFA of San Diego LLC acquired a brand new place in Danaher throughout the second quarter price $32,000. Lastly, First Capital Advisors Group LLC. acquired a brand new place in Danaher throughout the second quarter price $32,000. 76.71% of the inventory is owned by institutional buyers and hedge funds.
Analysts Set New Value Targets
A number of equities analysts lately issued experiences on the corporate. StockNews.com raised Danaher from a “maintain” score to a “purchase” score in a report on Friday, January twelfth. Raymond James decreased their worth goal on Danaher from $250.00 to $240.00 and set an “outperform” score for the corporate in a report on Wednesday, October twenty fifth. TheStreet raised Danaher from a “c+” score to a “b-” score in a report on Friday, December eighth. Wolfe Analysis assumed protection on Danaher in a analysis report on Wednesday, December thirteenth. They set a “peer carry out” score for the corporate. Lastly, Wells Fargo & Firm dropped their worth goal on Danaher from $285.00 to $247.00 and set an “chubby” score for the corporate in a analysis report on Tuesday, October third. 5 equities analysis analysts have rated the inventory with a maintain score and 13 have assigned a purchase score to the corporate. Based mostly on information from MarketBeat, the inventory presently has a median score of “Reasonable Purchase” and a median worth goal of $259.40.
View Our Newest Analysis Report on DHR
Danaher Buying and selling Up 2.1 %
Shares of NYSE:DHR traded up $4.74 throughout noon buying and selling on Friday, reaching $231.05. The corporate’s inventory had a buying and selling quantity of three,258,230 shares, in comparison with its common quantity of two,154,363. The agency has a market cap of $170.73 billion, a price-to-earnings ratio of 29.14, a price-to-earnings-growth ratio of two.47 and a beta of 0.85. The corporate has a fast ratio of 1.94, a present ratio of two.26 and a debt-to-equity ratio of 0.37. Danaher Co. has a 1 yr low of $182.09 and a 1 yr excessive of $247.62. The enterprise has a 50 day shifting common worth of $223.85 and a 200 day shifting common worth of $232.03.
Danaher (NYSE:DHR – Get Free Report) final introduced its quarterly earnings information on Tuesday, October twenty fourth. The conglomerate reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.19. Danaher had a return on fairness of 13.71% and a web margin of 20.01%. The enterprise had income of $6.87 billion throughout the quarter, in comparison with the consensus estimate of $6.60 billion. Throughout the identical quarter within the earlier yr, the enterprise earned $2.56 earnings per share. The enterprise’s income for the quarter was down 10.3% on a year-over-year foundation. Analysis analysts forecast that Danaher Co. will publish 7.39 EPS for the present yr.
Danaher Cuts Dividend
The corporate additionally lately disclosed a quarterly dividend, which will probably be paid on Friday, January twenty sixth. Shareholders of report on Friday, December twenty ninth will probably be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend is Thursday, December twenty eighth. Danaher’s payout ratio is at the moment 12.11%.
Danaher Firm Profile
(Free Report)
Danaher Company designs, manufactures, and markets skilled, medical, industrial, and business services and products worldwide. The Biotechnology segments provides bioprocess applied sciences, consumables, and providers; lab filtration, separation, and purification; lab-scale protein purification and analytical instruments; reagents, membranes and providers; and healthcare filtration options.
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This immediate information alert was generated by narrative science know-how and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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