Stryker Corporation (SYK) : Hefty Wealth Partners added new position in Stryker Corporation during the most recent quarter end. The investment management firm now holds 1,658 shares of Stryker Corporation which is valued at $193,422 , the company said in a statement filed on Oct 5, 2016 with the SEC.Stryker Corporation makes up approximately 0.15% of Hefty Wealth Partners’s portfolio.
Other Hedge Funds, Including , 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.Eqis Capital Management boosted its stake in SYK in the latest quarter, The investment management firm added 3,307 additional shares and now holds a total of 16,309 shares of Stryker Corporation which is valued at $1,902,608. Stryker Corporation makes up approx 0.12% of Eqis Capital Management’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.Washington Trust Bank boosted its stake in SYK in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 3,076 shares of Stryker Corporation which is valued at $358,846. Stryker Corporation makes up approx 0.09% of Washington Trust Bank’s portfolio. Lau Associates sold out all of its stake in SYK during the most recent quarter. The investment firm sold 1,700 shares of SYK which is valued $198,322.
Stryker Corporation closed down -0.19 points or -0.16% at $116.26 with 10,74,069 shares getting traded on Tuesday. Post opening the session at $116.48, the shares hit an intraday low of $115.73 and an intraday high of $116.92 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.