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Capital International Ltd. CA Reduces Stock Position in Danaher Corporation $DHR
Capital International Ltd. CA reduced its stake in Danaher Corporation (NYSE:DHR) by 30.3% during the third quarter, selling 18,925 shares and holding 43,590 shares valued at $8.64 million. Despite institutional investors owning 79.05% of the company’s stock, other hedge funds have recently increased their positions in Danaher. The company announced an increased quarterly dividend of $0.40 per share and reported strong Q4 earnings, while analysts maintain a “Moderate Buy” rating with a consensus target price of $253.86.