Stryker Corporation (SYK) : North Star Asset Management Inc reduced its stake in Stryker Corporation by 2.32% during the most recent quarter end. The investment management company now holds a total of 85,750 shares of Stryker Corporation which is valued at $10,003,595 after selling 2,040 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on Oct 5, 2016.Stryker Corporation makes up approximately 1.13% of North Star Asset Management Inc’s portfolio.
Other Hedge Funds, Including , Chevy Chase Trust Holdings reduced its stake in SYK by selling 11,608 shares or 3.49% in the most recent quarter. The Hedge Fund company now holds 321,140 shares of SYK which is valued at $37,464,192. Stryker Corporation makes up approx 0.21% of Chevy Chase Trust Holdings’s portfolio.Lynch Associatesin reduced its stake in SYK by selling 325 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 27,250 shares of SYK which is valued at $3,178,985. Stryker Corporation makes up approx 1.41% of Lynch Associatesin’s portfolio. Lau Associates sold out all of its stake in SYK during the most recent quarter. The investment firm sold 1,700 shares of SYK which is valued $198,322.Lvm Capital Management Ltdmi boosted its stake in SYK in the latest quarter, The investment management firm added 6,809 additional shares and now holds a total of 34,534 shares of Stryker Corporation which is valued at $4,028,736. Stryker Corporation makes up approx 1.27% of Lvm Capital Management Ltdmi’s portfolio.
Stryker Corporation closed down -0.19 points or -0.16% at $116.26 with 10,74,069 shares getting traded on Tuesday. Post opening the session at $116.48, the shares hit an intraday low of $115.73 and an intraday high of $116.92 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.
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.