Danaher Corporation (NYSE:DHR) Holdings Reduced by Banque Pictet & Cie SA

Mae Love
December 7, 2017

Lincoln Capital Llc acquired 9,012 shares as Danaher Corp Del (DHR)'s stock declined 2.27%. The institutional investor owned 34,152 shares of the conglomerate's stock after selling 91,448 shares during the quarter. Addison Capital Company who had been investing in Apple Inc for a number of months, seems to be less bullish one the $867.75B market cap company. The stock decreased 0.23% or $0.21 during the last trading session, reaching $92.53. Fred Alger Management Inc. now owns 1,637,360 shares of the conglomerate's stock valued at $127,452,000 after buying an additional 1,426,599 shares during the last quarter.

Danaher (NYSE:DHR) last posted its quarterly earnings data on Thursday, October 19th. It has underperformed by 6.08% the S&P500. The shares were sold at an average price of $92.64, for a total transaction of $11,671,620.96. The Energy Income Partners Llc holds 1.14 million shares with $73.08M value, down from 1.41 million last quarter. About 5.19 million shares traded. It has underperformed by 16.70% the S&P500. It also increased its holding in Schwab International Equity Et (SCHF) by 13,770 shares in the quarter, for a total of 40,204 shares, and has risen its stake in Vodafone Group Inc (NASDAQ:VOD). Therefore 72% are positive. Zacks Investment Research raised Danaher from a "hold" rating to a "buy" rating and set a $97.00 target price on the stock in a report on Thursday, October 5th. The company was maintained on Thursday, October 19 by Cowen & Co. On Monday, October 9 the stock rating was downgraded by Wells Fargo to "Market Perform". As per Friday, September 4, the company rating was maintained by Credit Suisse. The firm earned "Neutral" rating on Thursday, January 21 by Citigroup. On Wednesday, July 27 the stock rating was maintained by Citigroup with "Neutral". The rating was maintained by Morgan Stanley on Friday, October 6 with "Overweight".

Investors sentiment increased to 0.68 in Q2 2017. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.43 and a quick ratio of 1.00. Macguire Cheswick & Tuttle Investment Counsel Llc sold 6,250 shares as Danaher Corporation (DHR)'s stock declined 2.27%.

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Arlington Capital Management Inc. holds 2.16% of its portfolio in Invesco Dynamic Credit Opportunities Fund for 439,255 shares. Several other institutional investors have also sold shares of the company. 31 funds opened positions while 37 raised stakes.

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Several other hedge funds have also recently made changes to their positions in DHR. The institutional investor held 7,714 shares of the computer manufacturing company at the end of 2017Q2, valued at $1.11 million, down from 10,848 at the end of the previous reported quarter. First Advsr LP has 0.08% invested in Danaher Corporation (NYSE:DHR) for 339,035 shares. Kingfisher Capital Ltd Liability has invested 0.79% in Danaher Corporation (NYSE:DHR). (NASDAQ:ORBC). Great West Life Assurance Can accumulated 0% or 8,139 shares. Addison Capital Company sold 3,134 shares as the company's stock rose 12.78% with the market. Weiss Multi holds 37,644 shares or 0.23% of its portfolio. Finally, Simmons Bank grew its stake in shares of Danaher by 0.4% in the 2nd quarter.

Driving interest in Danaher Corporation (DHR) is a number of factors, including perhaps, a steady decrease of the profile of the company as insider activity takes center stage. Moreover, Davis has 3.74% invested in Danaher Corporation (NYSE:DHR). Suntrust Banks has 0.01% invested in Owens Corning (NYSE:OC) for 30,929 shares. Meyer Handelman Com has invested 0.66% in Danaher Corporation (NYSE:DHR). Tower Bridge Advsrs stated it has 0% in Danaher Corporation (NYSE:DHR). Etrade Management Ltd Liability Company has invested 0.06% in Danaher Corporation (NYSE:DHR). They expect $-0.10 EPS, down 150.00% or $0.06 from last year's $-0.04 per share. TRIP's profit will be $6.94 million for 172.10 P/E if the $0.05 EPS becomes a reality. It also reduced its holding in Nike Inc (NYSE:NKE) by 234,273 shares in the quarter, leaving it with 263,994 shares, and cut its stake in Wabtec Corp (NYSE:WAB). Nautilus Inc (NYSE:NLS) was raised too. Three research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Therefore 80% are positive. MYR Group had 22 analyst reports since August 11, 2015 according to SRatingsIntel. (NASDAQ:ORBC) on Friday, September 29 with "Buy" rating. Capstone Invest Advisors Ltd Llc, a New York-based fund reported 74,183 shares. (NASDAQ:MYRG) rating on Friday, May 5. The firm has "Buy" rating given on Monday, August 28 by Northland Capital. The firm has "Outperform" rating given on Monday, March 14 by Northland Capital. Barclays Capital maintained the shares of BPL in report on Thursday, May 12 with "Equalweight" rating. The firm has "Overweight" rating by Morgan Stanley given on Tuesday, July 28. (NASDAQ:AAPL) on Wednesday, August 2 with "Buy" rating. Its up 0.35, from 1.06 in 2017Q1. It fall, as 27 investors sold BPL shares while 100 reduced holdings. 129 funds opened positions while 634 raised stakes. Fincl Bank Of The Ozarks reported 18,931 shares stake. Two Sigma Limited Company reported 0.09% stake. Spirit Of America Mngmt Corp Ny accumulated 216,015 shares. Hartford Fin Management invested in 32,935 shares or 1.25% of the stock. 102.55 million shares or 3.39% less from 106.14 million shares in 2017Q1 were reported. (NASDAQ:AAPL). Sg Americas Limited Liability Company holds 192,297 shares or 0.25% of its portfolio. AE Wealth Management LLC now owns 4,339 shares of the conglomerate's stock valued at $372,000 after acquiring an additional 783 shares during the last quarter. Lazard Asset Mngmt Ltd Liability Corporation stated it has 5,000 shares.

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