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Stryker Corp. drew more institutional investment, posting earnings above estimates and an 11.9% revenue rise.
Stryker Corporation saw its stock become more attractive to some institutional investors in the first quarter, with Bedel Financial Consulting Inc. and Ballast Advisors LLC increasing their holdings by 4.0% and 10.2%, respectively.
Conversely, Peak Asset Management LLC reduced its stake by 1.3%.
Stryker reported earnings of $2.84 per share, beating analysts' estimates by $0.11, and a revenue increase of 11.9%.
The company's market cap stands at $153.95 billion with a dividend yield of 0.83%.
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Stryker Corp. atrajo más inversiones institucionales, registrando ganancias por encima de las estimaciones y un aumento de ingresos del 11,9%.