Stryker Corp (NYSE:SYK) 2019 Q2 Sentiment Change

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Sentiment for Stryker Corp (NYSE:SYK)

Stryker Corp (NYSE:SYK) institutional sentiment increased to 1.03 in 2019 Q2. Its up 0.01, from 1.02 in 2019Q1. The ratio has improved, as 392 active investment managers opened new or increased positions, while 379 reduced and sold holdings in Stryker Corp. The active investment managers in our partner’s database now own: 263.36 million shares, down from 265.08 million shares in 2019Q1. Also, the number of active investment managers holding Stryker Corp in their top 10 positions decreased from 53 to 50 for a decrease of 3. Sold All: 42 Reduced: 337 Increased: 301 New Position: 91.

Stryker Corporation, together with its subsidiaries, operates as a medical technology company. The company has market cap of $81.62 billion. It operates through three divisions: Orthopaedics; MedSurg; and Neurotechnology and Spine. It has a 23.34 P/E ratio. The Orthopaedics segment offers implants for use in hip and knee joint replacements, and trauma and extremities surgeries.

The stock decreased 0.85% or $1.86 during the last trading session, reaching $218.18. About 684,412 shares traded. Stryker Corporation (NYSE:SYK) has risen 27.15% since September 13, 2018 and is uptrending. It has outperformed by 27.15% the S&P500.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on October, 24. They expect $1.90 EPS, up 12.43 % or $0.21 from last year’s $1.69 per share. SYK’s profit will be $710.80M for 28.71 P/E if the $1.90 EPS becomes a reality. After $1.98 actual EPS reported by Stryker Corporation for the previous quarter, Wall Street now forecasts -4.04 % negative EPS growth.

Greenleaf Trust holds 72.1% of its portfolio in Stryker Corporation for 22.15 million shares. Bonness Enterprises Inc owns 70,600 shares or 9.06% of their US portfolio. Moreover, Clenar Muke Llc has 7.85% invested in the company for 124,485 shares. The United Kingdom-based Fundsmith Llp has invested 6.21% in the stock. Long Road Investment Counsel Llc, a Michigan-based fund reported 50,710 shares.

Since January 1, 0001, it had 2 insider purchases, and 0 insider sales for $16,843 activity.

Stryker Corporation (NYSE:SYK) Ratings Coverage

Ratings analysis reveals 91% of Stryker Corporation’s analysts are positive. Out of 11 Wall Street analysts rating Stryker Corporation, 10 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $19000 while the high is $24000. The stock’s average target of $224.45 is 2.87% above today’s ($218.18) share price. SYK was included in 19 notes of analysts from March 15, 2019. Barclays Capital maintained the shares of SYK in report on Monday, April 15 with “Overweight” rating. The firm earned “Buy” rating on Wednesday, April 24 by Canaccord Genuity. Morgan Stanley maintained Stryker Corporation (NYSE:SYK) rating on Tuesday, July 16. Morgan Stanley has “Overweight” rating and $23000 target. The stock of Stryker Corporation (NYSE:SYK) has “Outperform” rating given on Friday, July 26 by Credit Suisse. As per Wednesday, April 24, the company rating was maintained by Robert W. Baird. Cantor Fitzgerald maintained Stryker Corporation (NYSE:SYK) on Wednesday, April 24 with “Neutral” rating. J.P. Morgan maintained Stryker Corporation (NYSE:SYK) rating on Tuesday, March 19. J.P. Morgan has “Buy” rating and $215 target. The rating was maintained by Credit Suisse on Thursday, July 11 with “Outperform”. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, April 24. Cowen & Co maintained Stryker Corporation (NYSE:SYK) on Friday, March 15 with “Buy” rating.

More notable recent Stryker Corporation (NYSE:SYK) news were published by: Finance.Yahoo.com which released: “Is Stryker Corporation (SYK) A Good Stock To Buy? – Yahoo Finance” on June 11, 2019, also Finance.Yahoo.com with their article: “Should You Be Adding Stryker (NYSE:SYK) To Your Watchlist Today? – Yahoo Finance” published on June 27, 2019, Finance.Yahoo.com published: “Stryker Corporation (NYSE:SYK) Has Attractive Fundamentals – Yahoo Finance” on May 20, 2019. More interesting news about Stryker Corporation (NYSE:SYK) were released by: Finance.Yahoo.com and their article: “Our Take On Stryker Corporation’s (NYSE:SYK) CEO Salary – Yahoo Finance” published on July 27, 2019 as well as Globenewswire.com‘s news article titled: “Stryker announces definitive agreement to acquire Mobius Imaging & Cardan Robotics – GlobeNewswire” with publication date: September 04, 2019.

Stryker Corporation (NYSE:SYK) Institutional Positions Chart

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