Marshwinds Advisory Co Lowers stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Marshwinds Advisory Co reduced its stake in Stryker Corporation by 0.67% during the most recent quarter end. The investment management company now holds a total of 14,850 shares of Stryker Corporation which is valued at $1,686,663 after selling 100 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Stryker Corporation makes up approximately 0.84% of Marshwinds Advisory Co’s portfolio.

Other Hedge Funds, Including , Private Bank Trust Co boosted its stake in SYK in the latest quarter, The investment management firm added 23 additional shares and now holds a total of 4,222 shares of Stryker Corporation which is valued at $479,535. Stryker Corporation makes up approx 0.07% of Private Bank Trust Co’s portfolio.Osborn Rohs Williams Donohoe Ltd reduced its stake in SYK by selling 4,997 shares or 5.42% in the most recent quarter. The Hedge Fund company now holds 87,267 shares of SYK which is valued at $9,924,876. Stryker Corporation makes up approx 1.94% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Franklin Street Advisors Inc Nc reduced its stake in SYK by selling 620 shares or 18.13% in the most recent quarter. The Hedge Fund company now holds 2,800 shares of SYK which is valued at $326,648. Stryker Corporation makes up approx 0.06% of Franklin Street Advisors Inc Nc’s portfolio.Lvm Capital Management Ltdmi boosted its stake in SYK in the latest quarter, The investment management firm added 6,809 additional shares and now holds a total of 34,534 shares of Stryker Corporation which is valued at $4,028,736. Stryker Corporation makes up approx 1.27% of Lvm Capital Management Ltdmi’s portfolio.

Stryker Corporation closed down -4.12 points or -3.50% at $113.73 with 14,33,448 shares getting traded on Tuesday. Post opening the session at $117.59, the shares hit an intraday low of $113.14 and an intraday high of $117.68 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.

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.

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