Perkins Coie Trust Co Lowers stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Perkins Coie Trust Co reduced its stake in Stryker Corporation by 0.3% during the most recent quarter end. The investment management company now holds a total of 20,698 shares of Stryker Corporation which is valued at $2,439,259 after selling 63 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on Oct 11, 2016.Stryker Corporation makes up approximately 1.56% of Perkins Coie Trust Co’s portfolio.

Other Hedge Funds, Including , Centre Asset Management reduced its stake in SYK by selling 9,110 shares or 7.6% in the most recent quarter. The Hedge Fund company now holds 110,750 shares of SYK which is valued at $13,051,888. Stryker Corporation makes up approx 2.38% of Centre Asset Management’s portfolio. Independent Portfolio Consultants sold out all of its stake in SYK during the most recent quarter. The investment firm sold 250 shares of SYK which is valued $29,165.Burns J W Co Incny boosted its stake in SYK in the latest quarter, The investment management firm added 335 additional shares and now holds a total of 34,986 shares of Stryker Corporation which is valued at $4,081,467. Stryker Corporation makes up approx 1.26% of Burns J W Co Incny’s portfolio.Bath Savings Trust Co boosted its stake in SYK in the latest quarter, The investment management firm added 547 additional shares and now holds a total of 66,267 shares of Stryker Corporation which is valued at $7,730,708. Stryker Corporation makes up approx 2.44% of Bath Savings Trust Co’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.

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.

Leave a Reply

Stryker Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Stryker Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.