Toth Financial Advisory Corp Lowers stake in Stryker Corporation (SYK)

Stryker Corporation (SYK) : Toth Financial Advisory Corp reduced its stake in Stryker Corporation by 1.29% during the most recent quarter end. The investment management company now holds a total of 77,752 shares of Stryker Corporation which is valued at $8,831,072 after selling 1,013 shares in Stryker Corporation , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Stryker Corporation makes up approximately 2.66% of Toth Financial Advisory Corp’s portfolio.

Other Hedge Funds, Including , W.g. Shaheen Associates Dba Whitney Co reduced its stake in SYK by selling 50 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 11,533 shares of SYK which is valued at $1,309,918. Stryker Corporation makes up approx 0.53% of W.g. Shaheen Associates Dba Whitney Co’s portfolio.Canandaigua National Bank Trust Co reduced its stake in SYK by selling 27 shares or 0.4% in the most recent quarter. The Hedge Fund company now holds 6,772 shares of SYK which is valued at $770,180. Stryker Corporation makes up approx 0.23% of Canandaigua National Bank Trust Co’s portfolio.Raymond James Trust N.a. reduced its stake in SYK by selling 382 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 17,537 shares of SYK which is valued at $2,066,735. Stryker Corporation makes up approx 0.18% of Raymond James Trust N.a.’s portfolio.Curbstone Financial Management Corp reduced its stake in SYK by selling 300 shares or 6.44% in the most recent quarter. The Hedge Fund company now holds 4,360 shares of SYK which is valued at $508,638. Stryker Corporation makes up approx 0.16% of Curbstone Financial Management Corp’s portfolio.

Stryker Corporation closed down -4.12 points or -3.50% at $113.73 with 14,33,448 shares getting traded on Tuesday. Post opening the session at $117.59, the shares hit an intraday low of $113.14 and an intraday high of $117.68 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.

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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