Advisory Services Network buys $337,183 stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Advisory Services Network scooped up 522 additional shares in Stryker Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 2,899 shares of Stryker Corporation which is valued at $337,183.Stryker Corporation makes up approximately 0.06% of Advisory Services Network’s portfolio.

Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in SYK by selling 1,991 shares or 2.45% in the most recent quarter. The Hedge Fund company now holds 79,325 shares of SYK which is valued at $9,226,291. Stryker Corporation makes up approx 0.19% of Exxonmobil Investment Management Inc Tx’s portfolio.North Star Asset Management Inc reduced its stake in SYK by selling 2,040 shares or 2.32% in the most recent quarter. The Hedge Fund company now holds 85,750 shares of SYK which is valued at $10,003,595. Stryker Corporation makes up approx 1.13% of North Star Asset Management Inc’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. Beacon Financial Group sold out all of its stake in SYK during the most recent quarter. The investment firm sold 2,981 shares of SYK which is valued $347,763.

Stryker Corporation closed down -0.34 points or -0.29% at $116.31 with 9,20,067 shares getting traded on Friday. Post opening the session at $117.13, the shares hit an intraday low of $115.59 and an intraday high of $117.37 and the price fluctuated in this range throughout the day.Shares ended Friday 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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