As Stryker (SYK) Share Value Rose, Marshall & Sullivan Trimmed Stake by $393,760; Roundview Capital Upped Position in Bank Of America (BAC) by $323,060

August 10, 2018 - By Richard Slagle

Stryker Corporation (NYSE:SYK) Logo

Roundview Capital Llc increased its stake in Bank Of America Corp (BAC) by 5.66% based on its latest 2018Q1 regulatory filing with the SEC. Roundview Capital Llc bought 11,140 shares as the company’s stock declined 6.97% with the market. The institutional investor held 207,997 shares of the major banks company at the end of 2018Q1, valued at $6.24M, up from 196,857 at the end of the previous reported quarter. Roundview Capital Llc who had been investing in Bank Of America Corp for a number of months, seems to be bullish on the $315.63 billion market cap company. The stock decreased 0.63% or $0.2 during the last trading session, reaching $31.6. About 38.22M shares traded. Bank of America Corporation (NYSE:BAC) has risen 29.72% since August 10, 2017 and is uptrending. It has outperformed by 17.15% the S&P500. Some Historical BAC News: 26/04/2018 – Merrill Lynch B.V. Files Annual Financial Report; 23/05/2018 – Bank of America Presenting at Deutsche Bank Conference May 29; 20/04/2018 – Conmed Presenting at Bank of America Conference May 15; 18/05/2018 – Bank of America Delivers First Widely Available AI–Driven Virtual Financial Assistant; 05/04/2018 – NOTICE TO UPS EMPLOYEES WITH ACCOUNTS AT THE MERRILL LYNCH TAMPA, FLORIDA BRANCH OFFICE: Klayman & Toskes, P.A. Continues to; 15/05/2018 – Acadia Health Presenting at Bank of America Conference Tomorrow; 29/05/2018 – Small Biz Tech: Small Merchants Must Take Data Protection Seriously Says Bank of America Exec and Survey; 09/04/2018 – U.S. Investment Grade Bond Sales Fall 11% in 2018, BofA Leads; 16/04/2018 – BOFA CFO SAYS SEES BIGGEST OPPORTUNITIES IN PRIME BROKERAGE; 07/05/2018 – BofA Merrill’s Blanch Sees Room for Oil Prices to Move Higher (Video)

Marshall & Sullivan Inc decreased its stake in Stryker Corp (SYK) by 8.15% based on its latest 2018Q1 regulatory filing with the SEC. Marshall & Sullivan Inc sold 2,461 shares as the company’s stock rose 4.83% while stock markets declined. The institutional investor held 27,728 shares of the medical and dental instruments company at the end of 2018Q1, valued at $4.46 million, down from 30,189 at the end of the previous reported quarter. Marshall & Sullivan Inc who had been investing in Stryker Corp for a number of months, seems to be less bullish one the $62.46 billion market cap company. The stock increased 0.51% or $0.85 during the last trading session, reaching $167.01. About 805,409 shares traded. Stryker Corporation (NYSE:SYK) has risen 23.38% since August 10, 2017 and is uptrending. It has outperformed by 10.81% the S&P500. Some Historical SYK News: 15/03/2018 – Stryker Spine Division’s Tritanium® C Anterior Cervical Cage Gains Momentum With Surgeons; 28/03/2018 – FDA: Stryker Instruments Div. of Stryker Corporation- 180-Gram Cement Cartridge with Breakaway Femoral Nozzle, Product Number:; 21/03/2018 – REG-Stryker announces Annual Meeting of Shareholders; 07/03/2018 – Stryker’s Spine Division Receives FDA Clearance for 3D-Printed Tritanium TL Curved Posterior Lumbar Cage; 17/05/2018 – Stryker To Make Its Sixth K9s For Warriors Donation Of 2018 At The AT&T Byron Nelson; 26/04/2018 – STRYKER 1Q ADJ EPS $1.68, EST. $1.60; 28/03/2018 – FDA: Stryker Instruments Div. of Stryker Corporation- 11g Verteport Cement Cannula (18/pkg), Product Number: 0306-511-000, UDI:; 02/04/2018 – Fidelity Advisor Selector All Cap Adds Stryker, Exits CSX; 28/03/2018 – FDA: Stryker Instruments Div. of Stryker Corporation- Advanced Cement Mixing (ACM) Kit w/ Femoral Breakaway Nozzle & Prox. Med; 26/04/2018 – STRYKER CORP SEES 2018 ORGANIC NET SALES GROWTH, THAT EXCLUDES IMPACT RELATED TO ADOPTION OF NEW REVENUE RECOGNITION STANDARD TO BE OF 6.5% TO 7.0%

More notable recent Stryker Corporation (NYSE:SYK) news were published by: Seekingalpha.com which released: “Stryker Is One Stock Worth Overpaying For” on August 06, 2018, also Seekingalpha.com with their article: “K2M Gets A Boost From A Stronger Spine Market” published on August 07, 2018, Nasdaq.com published: “Market Trends Toward New Normal in ING Group, NV, Altaba, Steel Dynamics, The TJX Companies, Colgate …” on August 09, 2018. More interesting news about Stryker Corporation (NYSE:SYK) were released by: Seekingalpha.com and their article: “Stryker Corp (SYK) CEO Kevin Lobo on Q2 2018 Results – Earnings Call Transcript” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “Stryker’s Exceptional Growth Supports A Gravity-Defying Valuation” with publication date: July 27, 2018.

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.04, from 0.8 in 2017Q4. It turned negative, as 48 investors sold SYK shares while 380 reduced holdings. 84 funds opened positions while 243 raised stakes. 273.49 million shares or 0.80% less from 275.69 million shares in 2017Q4 were reported. Hm Payson And has invested 0.05% in Stryker Corporation (NYSE:SYK). Michigan-based Columbia Asset Mngmt has invested 1.09% in Stryker Corporation (NYSE:SYK). Of Toledo Na Oh invested in 1,324 shares or 0.06% of the stock. Weatherstone Capital Management accumulated 3,158 shares. Buckingham Asset Mgmt Limited holds 0.07% or 2,324 shares in its portfolio. Qv reported 2.07% stake. Synovus Financial holds 0.01% or 3,723 shares in its portfolio. Brown Brothers Harriman & invested 0% of its portfolio in Stryker Corporation (NYSE:SYK). Shelton Capital Mngmt accumulated 2,155 shares. Lmr Ptnrs Ltd Liability Partnership has invested 0.11% in Stryker Corporation (NYSE:SYK). Ogorek Anthony Joseph New York Adv stated it has 0.01% in Stryker Corporation (NYSE:SYK). Field Main State Bank has invested 1.92% in Stryker Corporation (NYSE:SYK). Moreover, Busey Communications has 0.08% invested in Stryker Corporation (NYSE:SYK) for 4,522 shares. Moreover, Colonial Tru Advsr has 0.79% invested in Stryker Corporation (NYSE:SYK). The North Carolina-based Bragg Advsr has invested 0.2% in Stryker Corporation (NYSE:SYK).

Marshall & Sullivan Inc, which manages about $278.30M and $123.12M US Long portfolio, upped its stake in Fiserv Inc (NASDAQ:FISV) by 30,761 shares to 68,272 shares, valued at $4.87 million in 2018Q1, according to the filing.

Among 31 analysts covering Stryker Corporation (NYSE:SYK), 20 have Buy rating, 1 Sell and 10 Hold. Therefore 65% are positive. Stryker Corporation had 102 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, October 6, the company rating was maintained by Jefferies. The firm has “Buy” rating by SunTrust given on Friday, October 14. The stock of Stryker Corporation (NYSE:SYK) earned “Neutral” rating by Sterne Agee CRT on Wednesday, November 4. The stock of Stryker Corporation (NYSE:SYK) has “Market Perform” rating given on Tuesday, November 1 by BMO Capital Markets. Nomura initiated Stryker Corporation (NYSE:SYK) on Thursday, March 17 with “Neutral” rating. Argus Research maintained the stock with “Buy” rating in Wednesday, April 27 report. On Thursday, October 26 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Hold” rating by BMO Capital Markets given on Friday, September 29. The firm has “Neutral” rating given on Friday, November 13 by Goldman Sachs. The company was maintained on Wednesday, August 12 by Stifel Nicolaus.

Since March 5, 2018, it had 1 buying transaction, and 10 selling transactions for $22.56 million activity. $412,114 worth of Stryker Corporation (NYSE:SYK) was sold by Owen Katherine Ann on Wednesday, March 21. On Friday, May 4 Carpenter Lonny J sold $832,103 worth of Stryker Corporation (NYSE:SYK) or 5,000 shares. Shares for $6.48 million were sold by Lobo Kevin. Doliveux Roch bought $7,365 worth of stock. Boehnlein Glenn S had sold 750 shares worth $120,000. On Thursday, March 15 the insider Floyd David sold $9.18M.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on October, 25. They expect $1.68 earnings per share, up 10.53% or $0.16 from last year’s $1.52 per share. SYK’s profit will be $628.30 million for 24.85 P/E if the $1.68 EPS becomes a reality. After $1.76 actual earnings per share reported by Stryker Corporation for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 18 by Nomura. The firm earned “Buy” rating on Wednesday, April 4 by Keefe Bruyette & Woods. The firm has “Outperform” rating by Wood given on Friday, April 7. The stock of Bank of America Corporation (NYSE:BAC) earned “Outperform” rating by Wells Fargo on Thursday, September 10. The stock of Bank of America Corporation (NYSE:BAC) earned “Hold” rating by Societe Generale on Tuesday, September 13. The stock has “Buy” rating by Nomura on Monday, April 16. Oppenheimer maintained the stock with “Outperform” rating in Tuesday, October 6 report. The firm has “Buy” rating by Sandler O’Neill given on Wednesday, January 20. As per Tuesday, August 25, the company rating was upgraded by Robert W. Baird. The firm has “Overweight” rating by JP Morgan given on Thursday, April 7.

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.24, from 1.19 in 2017Q4. It dropped, as 73 investors sold BAC shares while 633 reduced holdings. 134 funds opened positions while 535 raised stakes. 6.66 billion shares or 2.67% less from 6.85 billion shares in 2017Q4 were reported. Sabal Trust Co invested in 14,217 shares. Birch Hill Invest Limited Liability Corp reported 1.10 million shares. Bancshares Of The Ozarks holds 1% or 83,656 shares. Twin Tree Management Limited Partnership reported 0.13% of its portfolio in Bank of America Corporation (NYSE:BAC). Pcj Investment Counsel Limited has 0.19% invested in Bank of America Corporation (NYSE:BAC). Seaward Management Lp invested 2.57% in Bank of America Corporation (NYSE:BAC). Delta Asset Mgmt Limited Liability Tn holds 0.06% or 14,383 shares. The Connecticut-based Paloma Mngmt has invested 0.07% in Bank of America Corporation (NYSE:BAC). Peak Asset Limited Com reported 6,900 shares or 0.08% of all its holdings. Wright Investors Ser, a Connecticut-based fund reported 132,851 shares. Waters Parkerson And Ltd Limited Liability Company stated it has 2.59% of its portfolio in Bank of America Corporation (NYSE:BAC). Yorktown Mgmt invested 0.63% in Bank of America Corporation (NYSE:BAC). Highbridge Cap Limited Liability Corporation accumulated 0.17% or 350,000 shares. Roffman Miller Assocs Pa has 318,876 shares. Bluefin Trading Ltd Liability Corporation has 4.05 million shares for 5.55% of their portfolio.

Roundview Capital Llc, which manages about $323.08M and $355.25 million US Long portfolio, decreased its stake in Alphabet Inc Cl C by 1,694 shares to 8,397 shares, valued at $8.66 million in 2018Q1, according to the filing. It also reduced its holding in Ishares Russell 2000 Value (IWN) by 18,550 shares in the quarter, leaving it with 13,412 shares, and cut its stake in Coca Cola Co Com (NYSE:KO).

Stryker Corporation (NYSE:SYK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts