Gardner Russo Gardner Lowers Abbott Labs Shares, Starts Medtronic and Pfizer Positions

Wall St. Watchdog reveals information regarding Gardner Russo Gardner’s top holdings in the Healthcare sector for the quarter ending September 30th, 2011. The firm held 13 stocks in the Healthcare sector at the end of the quarter with an aggregate market value of $23.247 million.

  • Abbott Laboratories (NYSE:ABT): On 06/30/2011, Gardner Russo Gardner reported holding 434,745 shares with a market value of $22,876,281. This comprised 0.45% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 425,177 shares with a market value of $21,743,552. This comprised 0.48% of the total portfolio. The net change in shares for this position over the two quarters is -9,568. About Company: Abbott Laboratories discovers, develops, manufactures, and sells a broad and diversified line of health care products and services. The Company’s products include pharmaceuticals, nutritional, diagnostics, and vascular products. Abbott markets its products worldwide through affiliates and distributors.
  • Johnson & Johnson (NYSE:JNJ): On 06/30/2011, Gardner Russo Gardner reported holding 13,101 shares with a market value of $871,478. This comprised 0.02% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 13,051 shares with a market value of $831,218. This comprised 0.02% of the total portfolio. The net change in shares for this position over the two quarters is -50. About Company: Johnson & Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.
  • Merck & Co. Inc. (NYSE:MRK): On 06/30/2011, Gardner Russo Gardner reported holding 7,586 shares with a market value of $267,710. This comprised 0.01% of the total portfolio. On 09/30/2011, Gardner Russo Gardner reported holding 7,586 shares with a market value of $248,062. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Merck & Co., Inc. is a global pharmaceutical company that discovers, develops, manufactures, and markets a broad range of human and animal health products. Merck’s products include a treatment for elevated cholesterol, a treatment for male pattern hair loss, a preventive treatment for osteoporosis, a treatment for hypertension, and a treatment for allergic rhinitis.
  • Bristol-myers Squibb Company (NYSE:BMY): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 3,000 shares with a market value of $94,140. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 3,000. About Company: Bristol-Myers Squibb Company is a global biopharmaceutical company that discovers, develops, manufactures and sells pharmaceutical and nutritional products. The Company’s products and experimental therapies address cancer, heart disease, HIV/AIDS, diabetes, rheumatoid arthritis, hepatitis, organ transplant rejection and psychiatric disorders.
  • Medtronic Inc. (NYSE:MDT): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 2,100 shares with a market value of $69,804. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 2,100. About Company: Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company’s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic’s products are sold worldwide.
  • Healthsouth Corp. (NYSE:HLS): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 4,400 shares with a market value of $65,692. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 4,400. About Company: HEALTHSOUTH Corporation provides inpatient rehabilitative healthcare services. The Company operates inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient and rehabilitation satellites, and home health agencies. HEALTHSOUTH provides treatment on both an inpatient and outpatient basis.
  • Mylan Inc. (NASDAQ:MYL): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 3,500 shares with a market value of $59,465. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 3,500. About Company: Mylan Inc. is a global generic and specialty pharmaceuticals company. The Company operates an active pharmaceutical ingredient manufacturer and runs a specialty business focused on respiratory, allergy, and psychiatric therapies.
  • Hill-rom Holdings Inc. (NYSE:HRC): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 1,500 shares with a market value of $45,030. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 1,500. About Company: Hill-Rom Holdings, Inc. manufactures equipment for the healthcare industry, and provides wound care and pulmonary/trauma management services. The Company produces hospital beds, mattresses, stretchers, furniture and hospital information technology systems; and offers wound, circulatory and pulmonary therapies.
  • Pfizer Inc. (NYSE:PFE): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 1,900 shares with a market value of $33,592. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 1,900. About Company: Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company’s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.
  • Dentsply International Inc. (NASDAQ:XRAY): On 06/30/2011, Gardner Russo Gardner reported holding 0 shares. On 09/30/2011, Gardner Russo Gardner reported holding 1,000 shares with a market value of $30,690. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 1,000. About Company: DENTSPLY International Inc. manufactures and distributes dental supplies on a worldwide basis. The Company’s products include dental prosthetics, endodontic instruments, dental sealants, ultrasonic scalers, dental x-ray equipment, and intraoral cameras. DENTSPLY also provides impression materials, orthodontic appliances, and dental operatory software systems, and other dental products.

(Note: Data regarding Gardner Russo Gardner’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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