From MarketBeat:



Greenwood Capital Associates LLC has acquired new shares in Stryker Co. during the third quarter, adding 13,022 shares to its portfolio valued at $3,558,000. Some hedge funds have also made changes, such as Liberty Capital Management Inc. and Caprock Group LLC, raising their stakes in the medical technology company. The stock of SYK traded at $299 per share on Tuesday and enjoys a market cap of $113.59 billion. Stryker reported $2.46 earnings per share for the quarter, surpassing analysts’ estimates, and had a return on equity of 22.62%. The company has recently increased its quarterly dividend to $0.80 per share, representing a $3.20 annualized dividend and a 1.07% yield.

Stryker, a medical technology company that operates in the MedSurg and Neurotechnology, and Orthopaedics and Spine segments, has also seen insider activity, with CAO William E. Berry, Jr. and CEO Kevin Lobo selling shares of the company. Market analysts and hedge funds continue to show keen interest in Stryker, especially given its performance and potential for growth.



Read more: Greenwood Capital Associates LLC Buys Shares of 13,022 Stryker Co. (NYSE:SYK)