AGF Investments America Inc. Has $9.81 Million Holdings in Danaher Corporation (DHR)

AGF Investments America Inc. raised its holdings in Danaher Corporation (NYSE:DHR) by 29.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 116,216 shares of the conglomerate’s stock after acquiring an additional 26,535 shares during the period. Danaher Corporation makes up approximately 3.8% of AGF Investments America Inc.’s investment portfolio, making the stock its 2nd largest position. AGF Investments America Inc.’s holdings in Danaher Corporation were worth $9,807,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Danaher Corporation by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 40,967,631 shares of the conglomerate’s stock valued at $3,503,962,000 after acquiring an additional 1,530,015 shares during the last quarter. BlackRock Inc. raised its holdings in Danaher Corporation by 2,530.9% in the 1st quarter. BlackRock Inc. now owns 37,967,922 shares of the conglomerate’s stock valued at $3,247,398,000 after acquiring an additional 36,524,795 shares during the last quarter. FMR LLC raised its holdings in Danaher Corporation by 0.3% in the 1st quarter. FMR LLC now owns 19,441,167 shares of the conglomerate’s stock valued at $1,662,803,000 after acquiring an additional 53,429 shares during the last quarter. Geode Capital Management LLC raised its holdings in Danaher Corporation by 6.0% in the 1st quarter. Geode Capital Management LLC now owns 5,815,659 shares of the conglomerate’s stock valued at $496,687,000 after acquiring an additional 329,458 shares during the last quarter. Finally, Flossbach Von Storch AG raised its holdings in Danaher Corporation by 44.7% in the 2nd quarter. Flossbach Von Storch AG now owns 5,782,019 shares of the conglomerate’s stock valued at $487,945,000 after acquiring an additional 1,785,810 shares during the last quarter. Institutional investors own 75.69% of the company’s stock.

A number of analysts have commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $95.00 price objective (up previously from $86.00) on shares of Danaher Corporation in a report on Friday, October 6th. Cowen and Company reiterated a “buy” rating and issued a $90.00 price objective on shares of Danaher Corporation in a report on Wednesday, October 4th. Wells Fargo & Company assumed coverage on shares of Danaher Corporation in a report on Thursday, July 13th. They issued a “market perform” rating and a $90.00 price objective for the company. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $83.00 price objective on shares of Danaher Corporation in a report on Tuesday, September 26th. Finally, Jefferies Group LLC restated a “buy” rating and set a $95.00 price target on shares of Danaher Corporation in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $92.62.

Shares of Danaher Corporation (NYSE:DHR) opened at 87.17 on Wednesday. The firm has a market cap of $60.56 billion, a P/E ratio of 27.82 and a beta of 1.03. The company has a 50-day moving average of $85.42 and a 200 day moving average of $84.17. Danaher Corporation has a 12-month low of $75.71 and a 12-month high of $88.62.

Danaher Corporation (NYSE:DHR) last issued its quarterly earnings results on Thursday, July 20th. The conglomerate reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Danaher Corporation had a net margin of 12.63% and a return on equity of 11.15%. The firm had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.50 billion. During the same quarter in the prior year, the business posted $0.90 earnings per share. Danaher Corporation’s revenue for the quarter was up 6.3% compared to the same quarter last year. Equities research analysts anticipate that Danaher Corporation will post $3.96 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, September 29th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Thursday, September 28th. Danaher Corporation’s dividend payout ratio (DPR) is 17.83%.

ILLEGAL ACTIVITY WARNING: “AGF Investments America Inc. Has $9.81 Million Holdings in Danaher Corporation (DHR)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark laws. The original version of this story can be accessed at https://ledgergazette.com/2017/10/11/agf-investments-america-inc-has-9-81-million-holdings-in-danaher-corporation-dhr.html.

In related news, Director Linda P. Hefner sold 10,578 shares of the company’s stock in a transaction that occurred on Friday, July 21st. The shares were sold at an average price of $83.03, for a total transaction of $878,291.34. Following the completion of the transaction, the director now owns 42,151 shares of the company’s stock, valued at $3,499,797.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas Patrick Joyce, Jr. sold 9,772 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $81.78, for a total transaction of $799,154.16. Following the completion of the sale, the insider now directly owns 155,520 shares of the company’s stock, valued at approximately $12,718,425.60. The disclosure for this sale can be found here. Insiders have sold 71,496 shares of company stock valued at $5,916,223 in the last ninety d

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Danaher Corporation by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 40,967,631 shares of the conglomerate’s stock valued at $3,503,962,000 after acquiring an additional 1,530,015 shares during the last quarter. BlackRock Inc. raised its holdings in Danaher Corporation by 2,530.9% in the 1st quarter. BlackRock Inc. now owns 37,967,922 shares of the conglomerate’s stock valued at $3,247,398,000 after acquiring an additional 36,524,795 shares during the last quarter. FMR LLC raised its holdings in Danaher Corporation by 0.3% in the 1st quarter. FMR LLC now owns 19,441,167 shares of the conglomerate’s stock valued at $1,662,803,000 after acquiring an additional 53,429 shares during the last quarter. Geode Capital Management LLC raised its holdings in Danaher Corporation by 6.0% in the 1st quarter. Geode Capital Management LLC now owns 5,815,659 shares of the conglomerate’s stock valued at $496,687,000 after acquiring an additional 329,458 shares during the last quarter. Finally, Flossbach Von Storch AG raised its holdings in Danaher Corporation by 44.7% in the 2nd quarter. Flossbach Von Storch AG now owns 5,782,019 shares of the conglomerate’s stock valued at $487,945,000 after acquiring an additional 1,785,810 shares during the last quarter. Institutional investors own 75.69% of the company’s stock.

A number of analysts have commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $95.00 price objective (up previously from $86.00) on shares of Danaher Corporation in a report on Friday, October 6th. Cowen and Company reiterated a “buy” rating and issued a $90.00 price objective on shares of Danaher Corporation in a report on Wednesday, October 4th. Wells Fargo & Company assumed coverage on shares of Danaher Corporation in a report on Thursday, July 13th. They issued a “market perform” rating and a $90.00 price objective for the company. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $83.00 price objective on shares of Danaher Corporation in a report on Tuesday, September 26th. Finally, Jefferies Group LLC restated a “buy” rating and set a $95.00 price target on shares of Danaher Corporation in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $92.62.

Shares of Danaher Corporation (NYSE:DHR) opened at 87.17 on Wednesday. The firm has a market cap of $60.56 billion, a P/E ratio of 27.82 and a beta of 1.03. The company has a 50-day moving average of $85.42 and a 200 day moving average of $84.17. Danaher Corporation has a 12-month low of $75.71 and a 12-month high of $88.62.

Danaher Corporation (NYSE:DHR) last issued its quarterly earnings results on Thursday, July 20th. The conglomerate reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Danaher Corporation had a net margin of 12.63% and a return on equity of 11.15%. The firm had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.50 billion. During the same quarter in the prior year, the business posted $0.90 earnings per share. Danaher Corporation’s revenue for the quarter was up 6.3% compared to the same quarter last year. Equities research analysts anticipate that Danaher Corporation will post $3.96 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, September 29th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Thursday, September 28th. Danaher Corporation’s dividend payout ratio (DPR) is 17.83%.

ILLEGAL ACTIVITY WARNING: “AGF Investments America Inc. Has $9.81 Million Holdings in Danaher Corporation (DHR)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark laws. The original version of this story can be accessed at https://ledgergazette.com/2017/10/11/agf-investments-america-inc-has-9-81-million-holdings-in-danaher-corporation-dhr.html.

In related news, Director Linda P. Hefner sold 10,578 shares of the company’s stock in a transaction that occurred on Friday, July 21st. The shares were sold at an average price of $83.03, for a total transaction of $878,291.34. Following the completion of the transaction, the director now owns 42,151 shares of the company’s stock, valued at $3,499,797.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas Patrick Joyce, Jr. sold 9,772 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $81.78, for a total transaction of $799,154.16. Following the completion of the sale, the insider now directly owns 155,520 shares of the company’s stock, valued at approximately $12,718,425.60. The disclosure for this sale can be found here. Insiders have sold 71,496 shares of company stock valued at $5,916,223 in the last ninety days. 12.20% of the stock is currently owned by company insiders.

Danaher Corporation Company Profile

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.

Institutional Ownership by Quarter for Danaher Corporation (NYSE:DHR)

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