Lvm Capital Management Ltdmi buys $4,028,736 stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Lvm Capital Management Ltdmi scooped up 6,809 additional shares in Stryker Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 3, 2016. The investment management firm now holds a total of 34,534 shares of Stryker Corporation which is valued at $4,028,736.Stryker Corporation makes up approximately 1.27% of Lvm Capital Management Ltdmi’s portfolio.

Other Hedge Funds, Including , Cullinan Associates Inc reduced its stake in SYK by selling 3,225 shares or 62.93% in the most recent quarter. The Hedge Fund company now holds 1,900 shares of SYK which is valued at $221,654. Stryker Corporation makes up approx 0.02% of Cullinan Associates Inc’s portfolio.

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.

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