Stryker Corporation (SYK) : Exxonmobil Investment Management Inc Tx reduced its stake in Stryker Corporation by 2.45% during the most recent quarter end. The investment management company now holds a total of 79,325 shares of Stryker Corporation which is valued at $9,226,291 after selling 1,991 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Stryker Corporation makes up approximately 0.19% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Advisory Services Network boosted its stake in SYK in the latest quarter, The investment management firm added 522 additional shares and now holds a total of 2,899 shares of Stryker Corporation which is valued at $337,183. Stryker Corporation makes up approx 0.06% of Advisory Services Network’s portfolio.Indiana Trust Investment Management Co reduced its stake in SYK by selling 31 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 4,667 shares of SYK which is valued at $544,452. Stryker Corporation makes up approx 0.29% of Indiana Trust Investment Management Co’s portfolio.Curbstone Financial Management Corp reduced its stake in SYK by selling 300 shares or 6.44% in the most recent quarter. The Hedge Fund company now holds 4,360 shares of SYK which is valued at $508,638. Stryker Corporation makes up approx 0.16% of Curbstone Financial Management Corp’s portfolio.Lynch Associatesin reduced its stake in SYK by selling 325 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 27,250 shares of SYK which is valued at $3,178,985. Stryker Corporation makes up approx 1.41% of Lynch Associatesin’s portfolio.
Stryker Corporation closed down -0.34 points or -0.29% at $116.31 with 9,20,067 shares getting traded on Friday. Post opening the session at $117.13, the shares hit an intraday low of $115.59 and an intraday high of $117.37 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.
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.