Mn Services Vermogensbeheer B.V. Has $57.08 Million Stock Position in Danaher Corporation $DHR

Mn Services Vermogensbeheer B.V. lifted its stake in shares of Danaher Corporation (NYSE:DHR) by 2.4% during the fourth quarter, HoldingsChannel reports. The firm owned 249,336 shares of the conglomerate’s stock after acquiring an additional 5,736 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Danaher were worth $57,078,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Tyche Wealth Partners LLC acquired a new stake in Danaher in the third quarter valued at $462,000. Lockheed Martin Investment Management Co. increased its stake in shares of Danaher by 49.4% during the 3rd quarter. Lockheed Martin Investment Management Co. now owns 25,340 shares of the conglomerate’s stock worth $5,024,000 after purchasing an additional 8,380 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Danaher by 2.9% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 664,705 shares of the conglomerate’s stock valued at $131,784,000 after purchasing an additional 18,744 shares during the period. Resona Asset Management Co. Ltd. raised its holdings in shares of Danaher by 4.6% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 513,288 shares of the conglomerate’s stock valued at $100,071,000 after purchasing an additional 22,595 shares during the period. Finally, Quantbot Technologies LP lifted its stake in Danaher by 179.9% in the 2nd quarter. Quantbot Technologies LP now owns 52,622 shares of the conglomerate’s stock valued at $10,395,000 after purchasing an additional 33,823 shares during the last quarter. Institutional investors and hedge funds own 79.05% of the company’s stock.

Danaher Stock Up 1.3%

Shares of DHR opened at $183.93 on Tuesday. The firm has a market cap of $130.17 billion, a P/E ratio of 36.49, a price-to-earnings-growth ratio of 2.46 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.51 and a current ratio of 1.87. Danaher Corporation has a 52 week low of $171.00 and a 52 week high of $242.80. The firm’s 50-day simple moving average is $208.26 and its 200 day simple moving average is $214.62.

Danaher (NYSE:DHR) last issued its quarterly earnings data on Tuesday, January 27th. The conglomerate reported $2.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.09. Danaher had a net margin of 14.71% and a return on equity of 10.81%. The firm had revenue of $6.84 billion during the quarter, compared to the consensus estimate of $6.79 billion. During the same period last year, the business posted $2.14 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, analysts forecast that Danaher Corporation will post 7.63 earnings per share for the current year.

Danaher Increases Dividend

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

Insider Transactions at Danaher

In other Danaher news, EVP Gregory M. Milosevich sold 1,320 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $208.01, for a total value of $274,573.20. Following the transaction, the executive vice president directly owned 5,099 shares of the company’s stock, valued at $1,060,642.99. This represents a 20.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 11.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

DHR has been the subject of a number of research analyst reports. Guggenheim lifted their price target on Danaher from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Danaher in a research report on Thursday, January 29th. TD Cowen reiterated a “buy” rating on shares of Danaher in a research note on Wednesday, January 7th. Robert W. Baird set a $251.00 target price on Danaher in a report on Thursday, January 29th. Finally, Wells Fargo & Company increased their price target on Danaher from $230.00 to $240.00 and gave the company an “equal weight” rating in a research note on Monday, December 15th. Nineteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company 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.