National Pension Service buys $26,634,673 stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : National Pension Service scooped up 18,408 additional shares in Stryker Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 234,357 shares of Stryker Corporation which is valued at $26,634,673.Stryker Corporation makes up approximately 0.22% of National Pension Service’s portfolio.

Other Hedge Funds, Including , Marshwinds Advisory Co reduced its stake in SYK by selling 100 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 14,850 shares of SYK which is valued at $1,686,663. Stryker Corporation makes up approx 0.84% of Marshwinds Advisory Co’s portfolio.Carroll Financial Associates boosted its stake in SYK in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 1,486 shares of Stryker Corporation which is valued at $175,125. Stryker Corporation makes up approx 0.03% of Carroll Financial Associates’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 opened for trading at $116.18 and hit $116.18 on the upside on Friday, eventually ending the session at $113.65, with a gain of 0.06% or 0.07 points. The heightened volatility saw the trading volume jump to 12,53,605 shares. Company has a market cap of $42,539 M.

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.

Many Wall Street Analysts have commented on Stryker Corporation. Stryker Corporation was Initiated by SunTrust to “Buy” on Oct 14, 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.

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