Mn Services Vermogensbeheer B.V. Acquires 5,736 Shares of Danaher Corporation $DHR

Mn Services Vermogensbeheer B.V. raised its holdings in Danaher Corporation (NYSE:DHR) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 249,336 shares of the conglomerate’s stock after acquiring an additional 5,736 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Danaher were worth $57,078,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of DHR. Sivia Capital Partners LLC lifted its holdings in shares of Danaher by 6.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,009 shares of the conglomerate’s stock valued at $397,000 after purchasing an additional 119 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Danaher by 11.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 7,218 shares of the conglomerate’s stock worth $1,426,000 after purchasing an additional 725 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in Danaher by 54.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,429 shares of the conglomerate’s stock worth $875,000 after purchasing an additional 1,569 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Danaher by 6.1% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 6,084 shares of the conglomerate’s stock worth $1,202,000 after buying an additional 350 shares during the period. Finally, Level Four Advisory Services LLC raised its holdings in Danaher by 58.1% during the 2nd quarter. Level Four Advisory Services LLC now owns 2,495 shares of the conglomerate’s stock worth $493,000 after buying an additional 917 shares during the period. 79.05% of the stock is currently owned by institutional investors.

Insider Activity at Danaher

In other news, EVP Gregory M. Milosevich sold 1,320 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $208.01, for a total value of $274,573.20. Following the completion of the transaction, the executive vice president owned 5,099 shares in the company, valued at $1,060,642.99. This trade represents a 20.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.20% of the stock is currently owned by corporate insiders.

Danaher Price Performance

Shares of DHR opened at $183.93 on Tuesday. The company has a quick ratio of 1.51, a current ratio of 1.87 and a debt-to-equity ratio of 0.35. Danaher Corporation has a twelve month low of $171.00 and a twelve month high of $242.80. The stock has a market capitalization of $130.17 billion, a P/E ratio of 36.49, a P/E/G ratio of 2.46 and a beta of 0.93. The company has a 50 day moving average of $208.26 and a 200-day moving average of $214.62.

Danaher (NYSE:DHR) last announced its earnings results on Tuesday, January 27th. The conglomerate reported $2.23 EPS for the quarter, topping the consensus estimate of $2.14 by $0.09. The business had revenue of $6.84 billion during the quarter, compared to analysts’ expectations of $6.79 billion. Danaher had a net margin of 14.71% and a return on equity of 10.81%. The firm’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.14 earnings per share. As a group, equities research analysts forecast that Danaher Corporation will post 7.63 EPS for the current fiscal year.

Danaher Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, March 27th will be given a dividend of $0.40 per share. This is a boost from Danaher’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, March 27th. This represents a $1.60 annualized dividend and a yield of 0.9%. Danaher’s payout ratio is presently 31.75%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DHR. Weiss Ratings reiterated a “hold (c)” rating on shares of Danaher in a report on Friday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Danaher in a report on Thursday, January 29th. KeyCorp reaffirmed an “overweight” rating on shares of Danaher in a research report on Thursday, January 29th. TD Cowen reaffirmed a “buy” rating on shares of Danaher in a research note on Wednesday, January 7th. Finally, Argus set a $265.00 target price on Danaher in a report on Wednesday, January 14th. Nineteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Danaher currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.55.

About Danaher

Danaher Corporation (NYSE: DHR) is a global science and technology company that designs, manufactures and markets products and services for the life sciences, diagnostics, and environmental and applied markets. The company organizes its operations into business segments focused on Life Sciences, Diagnostics, and Environmental & Applied Solutions, supplying instruments, reagents, software and related services that support research, clinical testing, biopharmaceutical development, and industrial and environmental monitoring.

Products and services in Danaher’s portfolio include analytical and diagnostic instruments, laboratory consumables and reagents, digital and software solutions for workflow and data management, field and industrial monitoring equipment, and service and maintenance programs.