Compass Capital Management Inc Lowers stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Compass Capital Management Inc reduced its stake in Stryker Corporation by 0.85% during the most recent quarter end. The investment management company now holds a total of 199,306 shares of Stryker Corporation which is valued at $22,164,820 after selling 1,712 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on May 3, 2016.Stryker Corporation makes up approximately 4.39% of Compass Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Marble Harbor Investment Counsel boosted its stake in SYK in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 33,205 shares of Stryker Corporation which is valued at $3,692,728. Stryker Corporation makes up approx 0.93% of Marble Harbor Investment Counsel’s portfolio.Public Employees Retirement Association Of Colorado boosted its stake in SYK in the latest quarter, The investment management firm added 511 additional shares and now holds a total of 74,281 shares of Stryker Corporation which is valued at $8,097,372. Stryker Corporation makes up approx 0.07% of Public Employees Retirement Association Of Colorado’s portfolio.Transamerica Financial Advisors reduced its stake in SYK by selling 1 shares or 0.28% in the most recent quarter. The Hedge Fund company now holds 350 shares of SYK which is valued at $38,290.Cohen Lawrence B reduced its stake in SYK by selling 230 shares or 0.39% in the most recent quarter. The Hedge Fund company now holds 59,448 shares of SYK which is valued at $6,503,611. Stryker Corporation makes up approx 4.16% of Cohen Lawrence B’s portfolio.

Stryker Corporation opened for trading at $111.38 and hit $111.91 on the upside on Tuesday, eventually ending the session at $111.75, with a gain of 0.39% or 0.43 points. The heightened volatility saw the trading volume jump to 16,69,941 shares. Company has a market cap of $41,792 M.

On the company’s financial health, Stryker Corporation reported $1.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $1.20. The company had revenue of $2495.00 million for the quarter, compared to analysts expectations of $2471.86 million. The company’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS.

Many Wall Street Analysts have commented on Stryker Corporation. Stryker Corporation was Upgraded by Sterne Agee CRT to ” Buy” on Apr 27, 2016. Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 120 from a previous price target of $108 .Company shares were Downgraded by Robert W. Baird on Apr 13, 2016 to ” Neutral”, Firm has raised the Price Target to $ 116 from a previous price target of $111 .

Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics Medical and Surgical and Neurotechnology and Spine which help improve patient and hospital outcomes.

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