As Stryker Corp (SYK) Stock Price Rose, Holder Greenleaf Trust Has Lowered Stake by $39.49 Million

January 19, 2018 - By Hazel Jackson

Investors sentiment increased to 0.87 in Q3 2017. Its up 0.02, from 0.85 in 2017Q2. It improved, as 52 investors sold SYK shares while 330 reduced holdings. 56 funds opened positions while 275 raised stakes. 275.60 million shares or 0.51% more from 274.21 million shares in 2017Q2 were reported. Moreover, Todd Asset Mgmt Limited Liability Corporation has 0.65% invested in Stryker Corporation (NYSE:SYK) for 165,279 shares. Macquarie Group Inc Ltd holds 0.03% of its portfolio in Stryker Corporation (NYSE:SYK) for 110,720 shares. Old Second Natl Bank Of Aurora stated it has 100 shares. Connable Office stated it has 23,127 shares or 0.67% of all its holdings. Long Road Investment Counsel Ltd Llc invested 4.89% of its portfolio in Stryker Corporation (NYSE:SYK). Moreover, Quantres Asset Management Limited has 0.46% invested in Stryker Corporation (NYSE:SYK). Sentinel Asset Management reported 184,500 shares or 0.63% of all its holdings. National Pension Serv accumulated 282,425 shares or 0.22% of the stock. Columbia Prtnrs L L C Mngmt reported 0.41% stake. The Illinois-based Hightower Advsrs Ltd Limited Liability Company has invested 0.12% in Stryker Corporation (NYSE:SYK). Btr Capital reported 0.06% stake. 1,875 were accumulated by Gratry Ltd Llc. Moors And Cabot accumulated 10,954 shares. Point72 Asset Management Ltd Partnership accumulated 35,800 shares. The New York-based Sg Americas Secs has invested 0.01% in Stryker Corporation (NYSE:SYK).

Since August 4, 2017, it had 0 buys, and 2 insider sales for $896,215 activity. $164,396 worth of stock was sold by McLean Graham A on Tuesday, August 8.

Greenleaf Trust decreased its stake in Stryker Corp (SYK) by 1.15% based on its latest 2017Q3 regulatory filing with the SEC. Greenleaf Trust sold 278,127 shares as the company’s stock rose 8.29% with the market. The institutional investor held 23.94M shares of the medical and dental instruments company at the end of 2017Q3, valued at $3.41B, down from 24.22 million at the end of the previous reported quarter. Greenleaf Trust who had been investing in Stryker Corp for a number of months, seems to be less bullish one the $59.98B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $160.28. About 1.36 million shares traded or 17.86% up from the average. Stryker Corporation (NYSE:SYK) has risen 24.95% since January 19, 2017 and is uptrending. It has outperformed by 8.25% the S&P500.

Greenleaf Trust, which manages about $4.56B US Long portfolio, upped its stake in Priceline Group Inc (NASDAQ:PCLN) by 2,156 shares to 2,288 shares, valued at $4.19 million in 2017Q3, according to the filing.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on January, 23. They expect $1.95 EPS, up 9.55 % or $0.17 from last year’s $1.78 per share. SYK’s profit will be $729.77 million for 20.55 P/E if the $1.95 EPS becomes a reality. After $1.52 actual EPS reported by Stryker Corporation for the previous quarter, Wall Street now forecasts 28.29 % EPS growth.

More recent Stryker Corporation (NYSE:SYK) news were published by: Nasdaq.com which released: “Stryker (SYK) Posts Upbeat Preliminary Sales Figure for Q4” on January 12, 2018. Also Nasdaq.com published the news titled: “Stryker provides 2017 preliminary net sales results” on January 09, 2018. Nasdaq.com‘s news article titled: “Stryker Corporation (SYK) Ex-Dividend Date Scheduled for December 28, 2017” with publication date: December 27, 2017 was also an interesting one.

Stryker Corporation (NYSE:SYK) Ratings Coverage

Among 26 analysts covering Stryker Corporation (NYSE:SYK), 17 have Buy rating, 2 Sell and 7 Hold. Therefore 65% are positive. Stryker Corporation has $174.0 highest and $88 lowest target. $147.89’s average target is -7.73% below currents $160.28 stock price. Stryker Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. Barclays Capital initiated Stryker Corporation (NYSE:SYK) on Monday, April 11 with “Underweight” rating. The stock of Stryker Corporation (NYSE:SYK) has “Hold” rating given on Friday, September 29 by BMO Capital Markets. The firm has “Neutral” rating by Goldman Sachs given on Friday, November 13. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 28 report. Wells Fargo maintained it with “Buy” rating and $174.0 target in Tuesday, January 2 report. On Friday, August 25 the stock rating was upgraded by Needham to “Hold”. The firm earned “Sell” rating on Monday, June 19 by Needham. On Tuesday, November 1 the stock rating was upgraded by BMO Capital Markets to “Market Perform”. The stock of Stryker Corporation (NYSE:SYK) earned “Buy” rating by UBS on Thursday, December 15. The stock of Stryker Corporation (NYSE:SYK) earned “Hold” rating by Needham on Monday, September 28.

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