CenterBook Partners LP significantly reduced its stake in Danaher Corporation by 67.6% in the third quarter, selling 8,387 shares and holding 4,026 shares valued at $798,000. Despite this, analysts maintain a largely bullish outlook on Danaher with a consensus price target of $253.86, following strong Q3 earnings where the company beat EPS estimates and reported a 4.6% year-over-year revenue increase. Institutional investors and hedge funds still collectively own 79.05% of the company’s stock, and Danaher recently declared a quarterly dividend of $0.32 per share.
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CenterBook Partners LP Reduces Stock Holdings in Danaher Corporation $DHR
CenterBook Partners LP significantly reduced its stake in Danaher Corporation by 67.6% in the third quarter, selling 8,387 shares and holding 4,026 shares valued at $798,000. Despite this, analysts maintain a largely bullish outlook on Danaher with a consensus price target of $253.86, following strong Q3 earnings where the company beat EPS estimates and reported a 4.6% year-over-year revenue increase. Institutional investors and hedge funds still collectively own 79.05% of the company’s stock, and Danaher recently declared a quarterly dividend of $0.32 per share.