Stryker Corporation (SYK) : Koshinski Asset Management scooped up 367 additional shares in Stryker Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 8,866 shares of Stryker Corporation which is valued at $1,007,621.Stryker Corporation makes up approximately 0.50% of Koshinski Asset Management’s portfolio.
Other Hedge Funds, Including , Farmers Trust Co reduced its stake in SYK by selling 90 shares or 1.59% in the most recent quarter. The Hedge Fund company now holds 5,586 shares of SYK which is valued at $634,849. Stryker Corporation makes up approx 0.22% of Farmers Trust Co’s portfolio.Nisa Investment Advisors boosted its stake in SYK in the latest quarter, The investment management firm added 4,000 additional shares and now holds a total of 109,011 shares of Stryker Corporation which is valued at $12,397,821. Stryker Corporation makes up approx 0.16% of Nisa Investment Advisors’s portfolio.Raymond James Trust N.a. reduced its stake in SYK by selling 382 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 17,537 shares of SYK which is valued at $2,066,735. Stryker Corporation makes up approx 0.18% of Raymond James Trust N.a.’s portfolio.Pacwest Financial Management Inc reduced its stake in SYK by selling 520 shares or 3.7% in the most recent quarter. The Hedge Fund company now holds 13,530 shares of SYK which is valued at $1,594,511. Stryker Corporation makes up approx 0.98% of Pacwest Financial Management Inc’s portfolio.
Stryker Corporation opened for trading at $116.18 and hit $116.18 on the upside on Friday, eventually ending the session at $113.65, with a gain of 0.06% or 0.07 points. The heightened volatility saw the trading volume jump to 12,53,605 shares. Company has a market cap of $42,539 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 Initiated by SunTrust to “Buy” on Oct 14, 2016.
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.