Mogy Joel R Investment Counsel Inc Lowers stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Mogy Joel R Investment Counsel Inc reduced its stake in Stryker Corporation by 1.49% during the most recent quarter end. The investment management company now holds a total of 89,208 shares of Stryker Corporation which is valued at $10,242,863 after selling 1,350 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Stryker Corporation makes up approximately 1.85% of Mogy Joel R Investment Counsel Inc’s portfolio.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in SYK in the latest quarter, The investment management firm added 1,315 additional shares and now holds a total of 2,377 shares of Stryker Corporation which is valued at $272,951. Stryker Corporation makes up approx 0.06% of Advisory Services Network’s portfolio.Security National Trust Co reduced its stake in SYK by selling 100 shares or 42.55% in the most recent quarter. The Hedge Fund company now holds 135 shares of SYK which is valued at $15,799. Stryker Corporation makes up approx 0.01% of Security National Trust Co’s portfolio.Meeder Asset Management Inc boosted its stake in SYK in the latest quarter, The investment management firm added 1,961 additional shares and now holds a total of 8,628 shares of Stryker Corporation which is valued at $1,009,735. Stryker Corporation makes up approx 0.09% of Meeder Asset Management Inc’s portfolio.

Stryker Corporation closed down -0.08 points or -0.07% at $114.82 with 10,13,387 shares getting traded on Monday. Post opening the session at $114.99, the shares hit an intraday low of $114.07 and an intraday high of $115.07 and the price fluctuated in this range throughout the day.Shares ended Monday 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

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.