DHR has been the topic of several recent research reports. Citigroup Inc. set a $96.00 price target on shares of Danaher Corporation and gave the stock a "buy" rating in a research note on Friday, July 21st. Finally, Royal Bank Of Canada reissued a "hold" rating and issued a $88.00 price objective on shares of Danaher Corporation in a research note on Wednesday, July 12th.
On October 6 Morgan Stanley made no change to the company rating of "Overweight" but moved down the price target from $100.00 to $95.00. BidaskClub lowered Danaher Corporation from a "hold" rating to a "sell" rating in a research report on Tuesday, July 25th. Deutsche Bank AG reiterated a "buy" rating and issued a $97.00 target price on shares of Danaher Corporation in a research report on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The firm earned "Buy" rating on Friday, July 21 by Citigroup.
Becton, Dickinson and Company (NYSE:BDX) ended its day at $200.82 with the rising stream of -0.30% and its total traded volume was 1.08 million shares less than the average volume. The company's 50 day moving average price is $81.87 and its 200-day moving average price is $84.14. The company has market cap of $1.09 billion. Cibc World Markets Corporation holds 0.27% in Danaher Corporation (NYSE:DHR) or 300,808 shares.
Danaher Corporation (NYSE:DHR) last announced its earnings results on Thursday, July 20th. It is 0.00% or $0 reaching $12.13 per share. Danaher Corporation had a return on equity of 11.15% and a net margin of 12.63%. The conglomerate reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.02. During the same period past year, the company posted $0.90 earnings per share. They expect $-0.08 earnings per share, up 78.95% or $0.30 from last year's $-0.38 per share. Equities analysts forecast that Danaher Corporation will post $3.96 EPS for the current fiscal year.
Let's have a look at some of the important valuation ratios of the Danaher Corporation (DHR). If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of global copyright legislation. The original version of this piece of content can be accessed at https://www.dispatchtribunal.com/2017/10/18/banque-pictet-cie-sa-has-52-63-million-stake-in-danaher-corporation-dhr.html.
As the earnings date approaches, we can see that insider ownership is now 1.80% shares, and institutional ownership is at 78.40% for Danaher Corporation (NYSE:DHR) stock. It increased, as 42 investors sold DHR shares while 311 reduced holdings. Following the sale, the insider now directly owns 155,520 shares in the company, valued at $12,718,425.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
The most recent open market insider trade was Sell of 43,688 shares on a day where the closing price was 82.84. Insider ownership decreased by a total of 23393 shares, which suggests that DHR's key executives are feeling less optimistic about the outlook for the stock. The disclosure for this sale can be found here. The Bath Savings Trust Co holds 39,688 shares with $3.35 million value, up from 31,403 last quarter.
Insider trading over the last 12 months, however, paints a different picture. Institutional investors and hedge funds own 75.75% of the company's stock. Peddock Capital Advisors LLC boosted its holdings in Danaher Corporation by 17.4% in the first quarter. Finally, Geode Capital Management LLC lifted its position in shares of Danaher Corporation by 6.0% during the 1st quarter. Short interest, which represents the number of a stock's shares now being shorted, captures what the market as a whole feels about a stock. Danaher Corp now has $60.08B valuation. Curbstone Financial Management Corp now owns 5,490 shares of the conglomerate's stock worth $471,000 after purchasing an additional 2,745 shares during the period. Danaher Corporation's dividend payout ratio is presently 17.83%. Btim Corp. grew its holdings by buying 25,810 shares an increase of 315.1% from 06/30/2017 to 09/30/2017. Perkins Coie Trust Co controls 28,904 shares with a value of $2,479,000. Davis R M Inc. now owns 395,701 shares of the conglomerate's stock valued at $33,844,000 after acquiring an additional 4,095 shares in the last quarter.
For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments.
Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services.