Madison Asset Management LLC reduced its stake in Danaher Corporation (NYSE:DHR) by 3.7% in the third quarter, selling 21,065 shares and retaining 553,187 shares valued at $109,675,000. Despite this reduction, several other institutional investors increased their holdings in Danaher, and analysts have generally issued “Buy” or “Overweight” ratings with an average target price of $253.86. Danaher recently reported strong quarterly earnings and declared a quarterly dividend of $0.32 per share.
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Madison Asset Management LLC Lowers Holdings in Danaher Corporation $DHR
Madison Asset Management LLC reduced its stake in Danaher Corporation (NYSE:DHR) by 3.7% in the third quarter, selling 21,065 shares and retaining 553,187 shares valued at $109,675,000. Despite this reduction, several other institutional investors increased their holdings in Danaher, and analysts have generally issued “Buy” or “Overweight” ratings with an average target price of $253.86. Danaher recently reported strong quarterly earnings and declared a quarterly dividend of $0.32 per share.