WINTON GROUP Ltd decreased its position in shares of Danaher Co. (NYSE:DHR) by 55.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,321 shares of the conglomerate’s stock after selling 7,816 shares during the quarter. WINTON GROUP Ltd’s holdings in Danaher were worth $587,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Calton & Associates Inc. bought a new position in shares of Danaher during the 4th quarter worth $114,000. First Personal Financial Services grew its stake in shares of Danaher by 128.9% during the 4th quarter. First Personal Financial Services now owns 1,227 shares of the conglomerate’s stock worth $114,000 after acquiring an additional 691 shares during the period. Zions Bancorporation grew its stake in shares of Danaher by 118.3% during the 3rd quarter. Zions Bancorporation now owns 1,231 shares of the conglomerate’s stock worth $106,000 after acquiring an additional 667 shares during the period. Resources Investment Advisors Inc. grew its stake in shares of Danaher by 661.2% during the 4th quarter. Resources Investment Advisors Inc. now owns 1,530 shares of the conglomerate’s stock worth $142,000 after acquiring an additional 1,329 shares during the period. Finally, SeaCrest Wealth Management LLC bought a new position in shares of Danaher during the 4th quarter worth $177,000. Institutional investors own 76.83% of the company’s stock.
In other Danaher news, insider Rainer Blair sold 3,981 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $100.05, for a total value of $398,299.05. Following the sale, the insider now owns 49,751 shares of the company’s stock, valued at approximately $4,977,587.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP William K. Daniel sold 131,066 shares of the firm’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $102.05, for a total value of $13,375,285.30. Following the completion of the sale, the executive vice president now directly owns 270,523 shares in the company, valued at approximately $27,606,872.15. The disclosure for this sale can be found here. In the last ninety days, insiders sold 313,260 shares of company stock worth $31,657,786. Insiders own 12.20% of the company’s stock.
Shares of Danaher Co. (NYSE:DHR) opened at $103.74 on Friday. Danaher Co. has a 1-year low of $78.97 and a 1-year high of $104.82. The firm has a market capitalization of $72,365.80, a PE ratio of 25.74, a price-to-earnings-growth ratio of 2.18 and a beta of 1.03. The company has a quick ratio of 1.05, a current ratio of 1.43 and a debt-to-equity ratio of 0.39.
Danaher (NYSE:DHR) last released its quarterly earnings results on Tuesday, January 30th. The conglomerate reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.03. Danaher had a return on equity of 11.36% and a net margin of 13.60%. The firm had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $4.97 billion. During the same quarter last year, the firm posted $1.05 EPS. The company’s revenue was up 10.9% compared to the same quarter last year. equities research analysts forecast that Danaher Co. will post 4.37 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Shareholders of record on Thursday, March 29th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.64 annualized dividend and a dividend yield of 0.62%. This is a boost from Danaher’s previous quarterly dividend of $0.14. Danaher’s dividend payout ratio (DPR) is presently 15.86%.
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Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates through four segments: Life Sciences, which offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines; Diagnostics; which offers analytical instruments, reagents, consumables, software and services; Dental, which provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone, and Environmental & Applied Solutions, which consists of various lines of business, including water quality and product identification.
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