Stryker Corp (NYSE:SYK) Quarterly Sentiment Change Reported at 0.76

June 27, 2018 - By Mark Williams

Stryker Corporation (NYSE:SYK) Corporate Logo

“Big money” Positions

In Q1 2018 Stryker Corp (NYSE:SYK) big money sentiment decreased to 0.76, according to Securities and Exchange Commission filings. That’s down -0.04, from 2017Q4’s 0.8. 327 hedge funds increased and opened new positions, while 428 sold and decreased stakes in Stryker Corp so the sentiment has worsened. Funds own 273.49 million shares, down from 275.69 million shares in 2017Q4. Funds holding Stryker Corp in top 10 changed to 42 from 41 for an increase of 1. 48 Investors Sold All; 380 Reduced Holdings; 243 increased holdings while 84 hedge funds bought holdings.

Biggest Stryker Corp Shareholders

As of Q1 2018 Greenleaf Trust has 74.69% invested in Stryker Corp. As of Q1 2018, 71,000 shares of Stryker Corp are owned by Bonness Enterprises Inc. Also, Fundsmith Llp reported 5.51 million shares in Stryker Corp equivalent to 7.32% of its stock exposure. Gvo Asset Management Ltd revealed 178,815 shares position in Stryker Corp. The Michigan-based fund Dillon & Associates Inc holds 95,767 shares or 5.96% of their stock exposure.

Stryker Corporation, together with its subsidiaries, operates as a medical technology company.The firm is valued at $64.38 billion. It operates through three divisions: Orthopaedics; MedSurg; and Neurotechnology and Spine.64.47 is the P/E ratio. The Orthopaedics segment offers implants for use in hip and knee joint replacements, and trauma and extremities surgeries.

Ticker’s shares touched $172.26 during the last trading session after 1.16% change.Stryker Corporation has volume of 1.21M shares. Since June 27, 2017 SYK has risen 23.38% and is uptrending. SYK outperformed by 10.81% the S&P500.

Stryker Corporation (NYSE:SYK)’s earnings release is anticipated by WallStreet on July, 26, according to Zacks. Analysts forecast $1.73 earnings per share. That’s $0.20 up or 13.07 % from 2017’s earnings of $1.53. SYK’s profit could reach $646.52M with 24.89 P/E in case $1.73 earnings per share is revealed. After $1.68 EPS report previous quarter, Wall Street now predicts 2.98 % EPS growth of Stryker Corporation.

Cypress Capital Gru reported 1,885 shs. Colony Grp Limited Liability Corp owns 4,953 shs or 0.04% of their US capital. Shufro Rose Limited Liability Corporation reported 58,597 shs. Mackenzie Financial reported 738,168 shs. Highlander Management Ltd Co, a New Jersey-based fund reported 28,300 shs. Rothschild Il reported 4,050 shs or 0.08% of all its holdings. Dearborn Prtn Lc accumulated 94,648 shs. 98,442 are held by Fjarde Ap. Carnegie Capital Asset Mgmt Ltd Limited Liability Company stated it has 0.44% of its capital in Stryker Corporation (NYSE:SYK). Indiana & Management Com stated it has 0.38% in Stryker Corporation (NYSE:SYK). Stephens Ar stated it has 0.03% in Stryker Corporation (NYSE:SYK). 5,600 are held by Spears Abacus Advsr Ltd. Pathstone Family Office Limited Liability Com holds 0% or 9 shs. Cambridge Inv Rech Advsrs stated it has 0.09% in Stryker Corporation (NYSE:SYK). 2,389 are owned by Clear Harbor Asset Ltd Llc.

Stryker Corporation had 15 sales and 1 buy since February 1, 2018. This’s net activity of $26.00 million. $3.85M worth of Stryker Corporation (NYSE:SYK) was sold by Becker Yin C. $818,792 worth of Stryker Corporation (NYSE:SYK) was sold by Carpenter Lonny J on Friday, February 2. On Monday, April 30 Doliveux Roch also bought $7,365 worth of Stryker Corporation (NYSE:SYK). On Wednesday, March 21 Shares for $6.48M were sold by Lobo Kevin. On Monday, April 16 Boehnlein Glenn S had sold 750 shs worth $120,000. On Friday, February 2 COX HOWARD E JR sold $1.21 million worth of Stryker Corporation (NYSE:SYK).

Stryker Corporation (NYSE:SYK) Ratings Coverage

Total analysts of 17 have positions in Stryker Corporation (NYSE:SYK) as follows: 13 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 76%. The firm has $189.0 highest while $163.0 is the lowest target. The average target $177.31 is 2.93% above the last ($172.26) price. Since January 2, 2018 according to StockzIntelligence Inc Stryker Corporation has 22 analyst reports. The company rating was maintained by Stifel Nicolaus on Wednesday, January 31. On Tuesday, January 30 the firm earned “Hold” rating by Jefferies. On Tuesday, January 30 the company was maintained by Canaccord Genuity. On Wednesday, January 31 the stock has “Buy” rating by Cowen & Co. On Tuesday, May 1 the stock of Stryker Corporation (NYSE:SYK) has “Neutral” rating given by Citigroup. On Tuesday, January 2 the rating was maintained by Wells Fargo with “Buy”. The stock rating was maintained by Northcoast with “Buy” on Wednesday, January 31. On Wednesday, January 31 the firm has “Buy” rating by Piper Jaffray given. On Thursday, January 4 the rating was maintained by Canaccord Genuity with “Buy”. On Friday, April 27 the company was maintained by Stifel Nicolaus.

For more Stryker Corporation (NYSE:SYK) news released briefly go to: Seekingalpha.com, Streetinsider.com, Themiddlemarket.com, Streetinsider.com or Benzinga.com. The titles are as follows: “Stryker Combining Industry-Leading Performance With Peaking Sector Valuations” released on June 26, 2018, “Stryker (SYK) Made Takeover Approach for Boston Scientific (BSX) – WSJ” on June 11, 2018, “M&A daily wrap: Energizer, Nu Finish, Stryker, BDO USA, Bob Pearlman, auto industry disruptions” with a publish date: June 26, 2018, “Stryker (SYK) to Acquire SafeAir AG” and the last “Boston Scientific Halted On Stryker Takeover Approach” with publication date: June 11, 2018.

Stryker Corporation (NYSE:SYK) Institutional Investors Chart

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