Peak Asset Management Cut Its Stryker (SYK) Stake; Hawaiian Electric Industries, Inc. (HE) Had 0 Bulls

April 22, 2018 - By Peter Erickson

Stryker Corporation (NYSE:SYK) Logo

Among 6 analysts covering Hawaiian Electric Industries (NYSE:HE), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. Hawaiian Electric Industries had 9 analyst reports since August 14, 2015 according to SRatingsIntel. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, November 20 report. Zacks downgraded the stock to “Hold” rating in Friday, August 28 report. The stock of Hawaiian Electric Industries, Inc. (NYSE:HE) earned “Neutral” rating by JP Morgan on Thursday, January 25. Barclays Capital maintained Hawaiian Electric Industries, Inc. (NYSE:HE) rating on Friday, March 18. Barclays Capital has “Underweight” rating and $28 target. The stock has “Neutral” rating by JP Morgan on Thursday, October 12. The stock of Hawaiian Electric Industries, Inc. (NYSE:HE) earned “Sell” rating by Zacks on Friday, August 14. Bank of America initiated the shares of HE in report on Tuesday, October 24 with “Sell” rating. See Hawaiian Electric Industries, Inc. (NYSE:HE) latest ratings:

02/02/2018 Broker: UBS Rating: Sell New Target: $29 Initiates Coverage On
25/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $34 New Target: $32 Maintain
24/10/2017 Broker: Bank of America Rating: Sell New Target: $34.0 Initiate

Peak Asset Management Llc decreased Stryker Corp (SYK) stake by 4.89% reported in 2017Q4 SEC filing. Peak Asset Management Llc sold 3,155 shares as Stryker Corp (SYK)’s stock rose 2.85%. The Peak Asset Management Llc holds 61,322 shares with $9.50M value, down from 64,477 last quarter. Stryker Corp now has $61.28B valuation. The stock increased 0.43% or $0.7 during the last trading session, reaching $164.25. About 2.04M shares traded or 55.24% up from the average. Stryker Corporation (NYSE:SYK) has risen 19.66% since April 22, 2017 and is uptrending. It has outperformed by 8.11% the S&P500.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on April, 26 after the close. They expect $1.60 EPS, up 8.11% or $0.12 from last year’s $1.48 per share. SYK’s profit will be $596.98 million for 25.66 P/E if the $1.60 EPS becomes a reality. After $1.96 actual EPS reported by Stryker Corporation for the previous quarter, Wall Street now forecasts -18.37% negative EPS growth.

Among 30 analysts covering Stryker Corporation (NYSE:SYK), 20 have Buy rating, 1 Sell and 9 Hold. Therefore 67% are positive. Stryker Corporation had 95 analyst reports since July 27, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, February 27 by Citigroup. The stock has “Neutral” rating by Sterne Agee CRT on Wednesday, November 4. On Monday, October 2 the stock rating was maintained by Needham with “Hold”. Cowen & Co maintained the shares of SYK in report on Wednesday, January 31 with “Buy” rating. As per Wednesday, January 27, the company rating was upgraded by Brean Capital. The stock of Stryker Corporation (NYSE:SYK) earned “Buy” rating by Guggenheim on Wednesday, January 31. The stock of Stryker Corporation (NYSE:SYK) has “Buy” rating given on Thursday, January 4 by Canaccord Genuity. Piper Jaffray maintained the shares of SYK in report on Thursday, September 28 with “Buy” rating. As per Thursday, June 29, the company rating was maintained by Jefferies. As per Friday, November 3, the company rating was maintained by Needham.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.07, from 0.87 in 2017Q3. It worsened, as 39 investors sold SYK shares while 375 reduced holdings. 100 funds opened positions while 232 raised stakes. 275.69 million shares or 0.03% more from 275.60 million shares in 2017Q3 were reported. Altavista Wealth Management Inc owns 34,804 shares for 2.28% of their portfolio. L And S Advsrs holds 0.08% of its portfolio in Stryker Corporation (NYSE:SYK) for 3,485 shares. Evercore Wealth Management holds 34,950 shares. Lvm Cap Mngmt Limited Mi owns 26,348 shares or 0.92% of their US portfolio. First Advisors LP accumulated 0.07% or 188,334 shares. Mariner Wealth Advsr Ltd Limited Liability Company invested 0.06% of its portfolio in Stryker Corporation (NYSE:SYK). Jlb And Assocs holds 1.41% or 41,987 shares. Moreover, Autus Asset Mngmt Lc has 0.16% invested in Stryker Corporation (NYSE:SYK) for 5,775 shares. Btc Capital Mngmt holds 0.16% or 5,997 shares in its portfolio. James Investment has 953 shares for 0.01% of their portfolio. 13,992 were accumulated by Qs Invsts Ltd Limited Liability Company. Woodmont Inv Counsel Lc holds 0.2% in Stryker Corporation (NYSE:SYK) or 5,010 shares. Primecap Management Ca holds 0.03% or 227,100 shares in its portfolio. 7,745 are held by Notis. Principal Financial Group Incorporated reported 471,447 shares or 0.07% of all its holdings.

Since February 1, 2018, it had 0 buys, and 13 sales for $24.73 million activity. On Thursday, February 1 the insider FRANCESCONI LOUISE sold $713,655. The insider Berry William E Jr sold $214,730. McLean Graham A had sold 2,984 shares worth $479,034 on Monday, February 5. 39,808 Stryker Corporation (NYSE:SYK) shares with value of $6.48 million were sold by Lobo Kevin. Another trade for 23,221 shares valued at $3.85 million was sold by Becker Yin C. $598,131 worth of stock was sold by Owen Katherine Ann on Monday, March 5. Shares for $120,000 were sold by Boehnlein Glenn S.

Since March 5, 2018, it had 0 insider buys, and 1 sale for $308,570 activity. WATANABE JEFFREY N sold $308,570 worth of stock.

Investors sentiment increased to 1.47 in Q4 2017. Its up 0.19, from 1.28 in 2017Q3. It increased, as 19 investors sold Hawaiian Electric Industries, Inc. shares while 55 reduced holdings. 38 funds opened positions while 71 raised stakes. 51.32 million shares or 2.94% less from 52.87 million shares in 2017Q3 were reported. Advantus accumulated 0.01% or 13,399 shares. Guggenheim Cap Limited Liability Corp owns 48,449 shares or 0% of their US portfolio. Stratos Wealth Partners has invested 0% in Hawaiian Electric Industries, Inc. (NYSE:HE). Evercore Wealth Ltd, a New York-based fund reported 1,000 shares. Trust Company Of Vermont invested in 0.01% or 1,632 shares. Oregon Pub Employees Retirement Fund stated it has 0.02% in Hawaiian Electric Industries, Inc. (NYSE:HE). 563,493 were reported by Nordea Invest Mngmt. Asset Mgmt One accumulated 61,600 shares or 0% of the stock. Thrivent For Lutherans owns 23,807 shares. Mutual Of America Management Ltd Liability Corp has 89,871 shares. Pub Employees Retirement System Of Ohio holds 0.01% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE) for 62,353 shares. 229,200 are held by New York State Common Retirement Fund. Btim Corporation accumulated 402,331 shares. Ameriprise Financial Inc has invested 0% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE). Riverhead Cap Mngmt Ltd Company reported 46,309 shares or 0.07% of all its holdings.

Stryker Corporation (NYSE:SYK) Institutional Positions Chart

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