As Danaher Del (DHR) Market Valuation Declined, Healthcor Management LP Has Cut by $12.78 Million Its Holding; As Visa (V) Stock Price Rose, Holder Fox Point Capital Management Trimmed Holding by $2.36 Million

February 23, 2018 - By Dolores Ford

Arthur B Cohen decreased its stake in Danaher Corp Del (DHR) by 10.72% based on its latest 2017Q3 regulatory filing with the SEC. Healthcor Management Lp sold 150,380 shares as the company’s stock declined 2.27% while stock markets rallied. The hedge fund run by Arthur B Cohen held 1.25M shares of the industrial machinery and components company at the end of 2017Q3, valued at $107.39 million, down from 1.40 million at the end of the previous reported quarter. Healthcor Management Lp who had been investing in Danaher Corp Del for a number of months, seems to be less bullish one the $68.25 billion market cap company. The stock increased 0.49% or $0.48 during the last trading session, reaching $97.84. About 29,557 shares traded. Danaher Corporation (NYSE:DHR) has risen 10.62% since February 23, 2017 and is uptrending. It has underperformed by 6.08% the S&P500.

Charles Anderson decreased its stake in Visa Inc (V) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Fox Point Capital Management Llc sold 22,500 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Charles Anderson held 22,500 shares of the business services company at the end of 2017Q3, valued at $2.37M, down from 45,000 at the end of the previous reported quarter. Fox Point Capital Management Llc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $273.97 billion market cap company. The stock increased 0.84% or $1.01 during the last trading session, reaching $121.39. About 331,188 shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 23, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.




Fox Point Capital Management Llc, which manages about $337.67 million and $23.75M US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 12,500 shares to 37,500 shares, valued at $6.41 million in 2017Q3, according to the filing.

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 19. They expect $1.01 EPS, up 17.44% or $0.15 from last year’s $0.86 per share. V’s profit will be $2.28B for 30.05 P/E if the $1.01 EPS becomes a reality. After $1.08 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It turned negative, as 48 investors sold V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported. Cypress Cap Mgmt Ltd invested 0.08% of its portfolio in Visa Inc. (NYSE:V). Cibc Mkts Corporation holds 0.53% or 527,841 shares. Windacre Partnership Ltd Co has invested 10.89% in Visa Inc. (NYSE:V). Sunbelt Securities Inc holds 1.05% or 9,456 shares. Park National Oh reported 0.03% in Visa Inc. (NYSE:V). Polaris Greystone Financial Group Ltd Liability Corp holds 0.04% in Visa Inc. (NYSE:V) or 4,415 shares. First Heartland Consultants owns 0.21% invested in Visa Inc. (NYSE:V) for 8,351 shares. Consulta Limited has invested 2.82% in Visa Inc. (NYSE:V). Washington Bancshares holds 0.12% of its portfolio in Visa Inc. (NYSE:V) for 7,219 shares. Zeke Advsr stated it has 0.45% of its portfolio in Visa Inc. (NYSE:V). Moreover, Granite Invest Prtn Lc has 1.04% invested in Visa Inc. (NYSE:V) for 159,290 shares. Korea Investment Corporation invested in 0.6% or 1.24 million shares. Moreover, Whitnell And Com has 0.05% invested in Visa Inc. (NYSE:V). Bailard Incorporated holds 80,803 shares or 0.65% of its portfolio. Westwood Holdings Grp reported 0.05% in Visa Inc. (NYSE:V).

Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained it with “Outperform” rating and $143 target in Thursday, January 25 report. The company was maintained on Thursday, October 26 by Morgan Stanley. KeyBanc Capital Markets maintained Visa Inc. (NYSE:V) on Wednesday, December 13 with “Buy” rating. The firm earned “Buy” rating on Thursday, February 1 by RBC Capital Markets. The company was maintained on Friday, October 13 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods on Thursday, June 8 with “Buy”. The firm has “Hold” rating given on Tuesday, October 3 by Credit Suisse. The firm earned “Buy” rating on Thursday, October 8 by Guggenheim. The firm has “Outperform” rating given on Wednesday, August 12 by Bernstein. RBC Capital Markets maintained it with “Outperform” rating and $98 target in Friday, April 21 report.

Since December 13, 2017, it had 0 insider buys, and 3 selling transactions for $6.56 million activity. $707,561 worth of stock was sold by MATSCHULLAT ROBERT W on Wednesday, December 13. 49,702 Visa Inc. (NYSE:V) shares with value of $5.65 million were sold by MAHON TULLIER KELLY.

Among 20 analysts covering Danaher Corporation (NYSE:DHR), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Danaher Corporation had 85 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 28 by Argus Research. Barclays Capital maintained it with “Overweight” rating and $104 target in Monday, April 18 report. Bernstein upgraded the shares of DHR in report on Friday, June 24 to “Outperform” rating. The firm has “Buy” rating given on Friday, October 23 by Stifel Nicolaus. The firm has “Buy” rating given on Thursday, December 14 by Jefferies. The rating was maintained by Robert W. Baird on Friday, October 6 with “Buy”. RBC Capital Markets maintained Danaher Corporation (NYSE:DHR) on Wednesday, January 3 with “Hold” rating. The firm has “Buy” rating given on Thursday, June 29 by Jefferies. Credit Suisse maintained it with “Buy” rating and $93 target in Thursday, May 25 report. The rating was downgraded by Goldman Sachs on Tuesday, December 8 to “Neutral”.

Since August 31, 2017, it had 0 insider buys, and 7 sales for $37.83 million activity. COMAS DANIEL L sold $6.42 million worth of stock. King William had sold 43,688 shares worth $3.62 million on Thursday, August 31. DANIEL WILLIAM K sold $13.37 million worth of stock or 131,066 shares. $4.40M worth of Danaher Corporation (NYSE:DHR) shares were sold by Lalor Angela S. EHRLICH DONALD J sold $960,736 worth of stock or 10,578 shares.

Analysts await Danaher Corporation (NYSE:DHR) to report earnings on April, 19. They expect $0.93 earnings per share, up 9.41% or $0.08 from last year’s $0.85 per share. DHR’s profit will be $648.74M for 26.30 P/E if the $0.93 EPS becomes a reality. After $1.19 actual earnings per share reported by Danaher Corporation for the previous quarter, Wall Street now forecasts -21.85% negative EPS growth.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.40, from 1.41 in 2017Q2. It dived, as 58 investors sold DHR shares while 367 reduced holdings. 78 funds opened positions while 352 raised stakes. 511.08 million shares or 0.43% more from 508.92 million shares in 2017Q2 were reported. Nationwide Fund Advsrs has invested 0.07% in Danaher Corporation (NYSE:DHR). Cap City Fl accumulated 0.89% or 27,156 shares. Signaturefd Limited Liability Corporation owns 2,555 shares for 0.03% of their portfolio. Utah Retirement Sys holds 0.22% or 112,503 shares. Private Wealth Ltd Company owns 111,449 shares or 1.92% of their US portfolio. Investec Asset, a United Kingdom-based fund reported 1.09M shares. Alps Advisors accumulated 44,860 shares or 0.03% of the stock. M&R Capital Management invested in 6,515 shares. Axa invested 0.34% in Danaher Corporation (NYSE:DHR). 2,500 are owned by Bluestein R H & Comm. Lincoln Capital Ltd Llc holds 30,477 shares or 1.61% of its portfolio. State Common Retirement Fund invested in 1.84 million shares or 0.2% of the stock. Carroll Financial Associates Inc invested 0.01% in Danaher Corporation (NYSE:DHR). Nikko Asset Mgmt Americas has invested 0.01% of its portfolio in Danaher Corporation (NYSE:DHR). Oppenheimer Asset Mgmt owns 0.12% invested in Danaher Corporation (NYSE:DHR) for 52,261 shares.

Healthcor Management Lp, which manages about $3.20B and $2.98 billion US Long portfolio, upped its stake in Mallinckrodt Pub Ltd Co (NYSE:MNK) by 812,329 shares to 3.21 million shares, valued at $120.13M in 2017Q3, according to the filing. It also increased its holding in Hill Rom Hldgs Inc (NYSE:HRC) by 459,770 shares in the quarter, for a total of 584,770 shares, and has risen its stake in Varian Med Sys Inc (Put) (NYSE:VAR).

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