Stryker Corporation (SYK) : Dixon Hubard Feinour Brown Incva scooped up 100 additional shares in Stryker Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 56,523 shares of Stryker Corporation which is valued at $6,532,363.Stryker Corporation makes up approximately 2.02% of Dixon Hubard Feinour Brown Incva’s portfolio.
Other Hedge Funds, Including , Fort Washington Investment Advisors Inc Oh reduced its stake in SYK by selling 547 shares or 1.05% in the most recent quarter. The Hedge Fund company now holds 51,342 shares of SYK which is valued at $5,933,595. Stryker Corporation makes up approx 0.11% of Fort Washington Investment Advisors Inc Oh’s portfolio.New Mexico Educational Retirement Board boosted its stake in SYK in the latest quarter, The investment management firm added 1,600 additional shares and now holds a total of 36,559 shares of Stryker Corporation which is valued at $4,197,704. Stryker Corporation makes up approx 0.18% of New Mexico Educational Retirement Board’s portfolio.Evercore Wealth Management boosted its stake in SYK in the latest quarter, The investment management firm added 62 additional shares and now holds a total of 36,996 shares of Stryker Corporation which is valued at $4,247,881. Stryker Corporation makes up approx 0.18% of Evercore Wealth Management’s portfolio.Edmp reduced its stake in SYK by selling 1,514 shares or 5.45% in the most recent quarter. The Hedge Fund company now holds 26,265 shares of SYK which is valued at $3,016,010. Stryker Corporation makes up approx 2.83% of Edmp’s portfolio.
Stryker Corporation closed down -0.53 points or -0.46% at $113.61 with 8,93,915 shares getting traded on Tuesday. Post opening the session at $114.18, the shares hit an intraday low of $113.48 and an intraday high of $114.61 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.
Investors should note that on Jul 27, 2016, Stryker Corporation announced a cash dividend of $0.3800. The company’s management has announced Sep 28, 2016 as the ex-dividend date and fixed the record date on Sep 30, 2016. The payable date has been fixed on Oct 31, 2016.
Many Wall Street Analysts have commented on Stryker Corporation. Stryker Corporation was Initiated by Guggenheim to “Buy” on Jun 9, 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.