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Tealwood Asset Management Has Decreased Its Stryker (SYK) Stake; Lumentum Holdings Inc. (LITE) Covered By 6 Bullish Analysts Last Week

Among 14 analysts covering Lumentum (NASDAQ:LITE), 6 have Buy rating, 3 Sell and 5 Hold. Therefore 43% are positive. Lumentum had 33 analyst reports since August 4, 2015 according to SRatingsIntel. UBS initiated the stock with “Buy” rating in Thursday, August 13 report. Jefferies initiated the shares of LITE in report on Tuesday, August 4 with “Hold” rating. M Partners maintained it with “Buy” rating and $26.0 target in Tuesday, January 12 report. The firm has “Mkt Perform” rating given on Tuesday, August 4 by Raymond James. Stifel Nicolaus maintained the shares of LITE in report on Friday, February 5 with “Buy” rating. On Thursday, September 24 the stock rating was initiated by M Partners with “Buy”. On Wednesday, September 9 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. As per Monday, October 31, the company rating was maintained by Needham. The rating was initiated by Goldman Sachs on Wednesday, August 5 with “Neutral”. Stifel Nicolaus maintained the shares of LITE in report on Friday, October 28 with “Buy” rating. See Lumentum Holdings Inc. (NASDAQ:LITE) latest ratings:

Tealwood Asset Management Inc decreased Stryker Corp (SYK) stake by 40.48% reported in 2017Q2 SEC filing. Tealwood Asset Management Inc sold 6,971 shares as Stryker Corp (SYK)’s stock rose 8.29%. The Tealwood Asset Management Inc holds 10,251 shares with $1.42 million value, down from 17,222 last quarter. Stryker Corp now has $57.73B valuation. The stock increased 1.92% or $2.91 during the last trading session, reaching $154.25. About 2.10M shares traded or 86.25% up from the average. Stryker Corporation (NYSE:SYK) has risen 24.95% since December 16, 2016 and is uptrending. It has outperformed by 8.25% the S&P500.

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company has market cap of $3.23 billion. It operates through two divisions, Optical Communications and Commercial Lasers. It currently has negative earnings. The Optical Communications segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and text data over high-capacity fiber optic cables.

The stock increased 2.41% or $1.23 during the last trading session, reaching $52.15. About 2.74 million shares traded or 30.52% up from the average. Lumentum Holdings Inc. (NASDAQ:LITE) has risen 145.74% since December 16, 2016 and is uptrending. It has outperformed by 129.04% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q2. Its up 0.02, from 0.85 in 2017Q1. It increased, as 38 investors sold SYK shares while 352 reduced holdings. 81 funds opened positions while 252 raised stakes. 274.21 million shares or 0.36% more from 273.22 million shares in 2017Q1 were reported. Carroll Finance Associate, North Carolina-based fund reported 1,486 shares. Employees Retirement System Of Texas reported 0.03% of its portfolio in Stryker Corporation (NYSE:SYK). Florida-based Raymond James Fincl Svcs Advisors has invested 0.16% in Stryker Corporation (NYSE:SYK). Dana Invest Advsrs, Wisconsin-based fund reported 216,445 shares. 103,614 are held by Dearborn Prtn Ltd Liability Corp. Moreover, Private Asset has 0.07% invested in Stryker Corporation (NYSE:SYK) for 3,300 shares. Parkwood Ltd Com reported 0.03% in Stryker Corporation (NYSE:SYK). France-based Bnp Paribas Asset Mgmt Holding Sa has invested 0.02% in Stryker Corporation (NYSE:SYK). Destination Wealth invested in 157,458 shares or 1.46% of the stock. Northwest Investment Counselors Lc reported 0.01% stake. Gateway Advisers Limited Co invested 0.02% in Stryker Corporation (NYSE:SYK). Massachusetts-based Putnam Invs Ltd Llc has invested 0% in Stryker Corporation (NYSE:SYK). Aqr Management Ltd Liability Co accumulated 333,007 shares. Credit Suisse Ag, a Switzerland-based fund reported 1.03 million shares. Strs Ohio invested in 293,802 shares or 0.18% of the stock.

Since August 4, 2017, it had 0 insider purchases, and 2 insider sales for $896,215 activity. Shares for $164,396 were sold by McLean Graham A. Another trade for 5,000 shares valued at $731,819 was sold by Carpenter Lonny J.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on January, 23. They expect $1.95 EPS, up 9.55% or $0.17 from last year’s $1.78 per share. SYK’s profit will be $729.76M for 19.78 P/E if the $1.95 EPS becomes a reality. After $1.52 actual EPS reported by Stryker Corporation for the previous quarter, Wall Street now forecasts 28.29% EPS growth.

Among 24 analysts covering Stryker Corporation (NYSE:SYK), 15 have Buy rating, 2 Sell and 7 Hold. Therefore 63% are positive. Stryker Corporation had 76 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was initiated by Cantor Fitzgerald with “Neutral” on Friday, June 30. The rating was maintained by Canaccord Genuity on Monday, September 25 with “Buy”. The firm has “Outperform” rating given on Friday, July 28 by RBC Capital Markets. On Friday, July 28 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Stryker Corporation (NYSE:SYK) earned “Sell” rating by Needham on Monday, June 19. On Wednesday, August 5 the stock rating was maintained by Argus Research with “Buy”. The stock has “Hold” rating by Jefferies on Friday, October 6. The stock has “Buy” rating by Sterne Agee CRT on Wednesday, April 27. The stock of Stryker Corporation (NYSE:SYK) has “Hold” rating given on Friday, July 28 by Oppenheimer. The firm has “Outperform” rating by Credit Suisse given on Monday, August 10.

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