St. Jude Medical (STJ) : Johanson Financial Advisors added new position in St. Jude Medical during the most recent quarter end. The investment management firm now holds 2,780 shares of St. Jude Medical which is valued at $216,784 , the company said in a statement filed on Oct 14, 2016 with the SEC.St. Jude Medical makes up approximately 0.24% of Johanson Financial Advisors’s portfolio.
Other Hedge Funds, Including , Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in STJ in the latest quarter, The investment management firm added 1,951 additional shares and now holds a total of 68,143 shares of St. Jude Medical which is valued at $5,313,791. St. Jude Medical makes up approx 0.12% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Gulf International Bank (uk) Ltd boosted its stake in STJ in the latest quarter, The investment management firm added 175 additional shares and now holds a total of 84,946 shares of St. Jude Medical which is valued at $6,639,379. St. Jude Medical makes up approx 0.11% of Gulf International Bank (uk) Ltd’s portfolio.Capstone Asset Management Co boosted its stake in STJ in the latest quarter, The investment management firm added 2,986 additional shares and now holds a total of 83,602 shares of St. Jude Medical which is valued at $6,555,233. St. Jude Medical makes up approx 0.19% of Capstone Asset Management Co’s portfolio.Curbstone Financial Management Corp reduced its stake in STJ by selling 276 shares or 1.56% in the most recent quarter. The Hedge Fund company now holds 17,374 shares of STJ which is valued at $1,395,306. St. Jude Medical makes up approx 0.45% of Curbstone Financial Management Corp’s portfolio.
St. Jude Medical closed down -0.18 points or -0.23% at $77.98 with 14,22,465 shares getting traded on Friday. Post opening the session at $78.4, the shares hit an intraday low of $77.94 and an intraday high of $78.71 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, St. Jude Medical reported $1.06 EPS for the quarter, based on the information available during the earnings call on Jul 20, 2016. Analyst had a consensus estimate of $1.06. The company had revenue of $1562.00 million for the quarter, compared to analysts expectations of $1552.79 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS.
St. Jude Medical Inc. develops manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management cardiovascular and atrial fibrillation therapy areas and interventional pain therapy and neurostimulation devices for the management of chronic pain and movement disorders. Its six principal product categories include tachycardia implantable cardioverter defibrillator (ICD) systems bradycardia pacemaker systems atrial fibrillation (AF) products (electrophysiology introducers and catheters advanced cardiac mapping navigation and recording systems and ablation systems) vascular products (vascular closure products pressure measurement guidewires optical coherence tomography (OCT) imaging products heart failure monitoring device and other vascular accessories) structural heart products and neuromodulation products (spinal cord stimulation and radiofrequency ablation to treat chronic pain and deep brain stimulation to treat movement disorders).