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As Stryker (SYK) Stock Value Rose, Hendershot Investments Has Lowered Holding by $1.11 Million; Anthem (ANTM) Shares Declined While Needelman Asset Management Cut Its Position by $424,480

Anthem, Inc. (NYSE:ANTM) Logo

Needelman Asset Management Inc decreased its stake in Anthem Inc (ANTM) by 23.28% based on its latest 2017Q4 regulatory filing with the SEC. Needelman Asset Management Inc sold 1,895 shares as the company’s stock declined 2.73% with the market. The institutional investor held 6,245 shares of the health care company at the end of 2017Q4, valued at $1.41M, down from 8,140 at the end of the previous reported quarter. Needelman Asset Management Inc who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $59.17 billion market cap company. The stock increased 0.03% or $0.08 during the last trading session, reaching $231.87. About 899,921 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since May 20, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Hendershot Investments Inc decreased its stake in Stryker Corp (SYK) by 27.37% based on its latest 2017Q4 regulatory filing with the SEC. Hendershot Investments Inc sold 7,205 shares as the company’s stock rose 2.85% while stock markets declined. The institutional investor held 19,120 shares of the medical and dental instruments company at the end of 2017Q4, valued at $2.96 million, down from 26,325 at the end of the previous reported quarter. Hendershot Investments Inc who had been investing in Stryker Corp for a number of months, seems to be less bullish one the $64.58B market cap company. The stock increased 0.91% or $1.55 during the last trading session, reaching $172.81. About 1.04 million shares traded. Stryker Corporation (NYSE:SYK) has risen 19.66% since May 20, 2017 and is uptrending. It has outperformed by 8.11% the S&P500.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on July, 25. They expect $4.16 EPS, up 23.44% or $0.79 from last year’s $3.37 per share. ANTM’s profit will be $1.06B for 13.93 P/E if the $4.16 EPS becomes a reality. After $5.41 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -23.11% negative EPS growth.

Among 25 analysts covering Anthem Inc (NYSE:ANTM), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. Anthem Inc had 81 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by Cantor Fitzgerald on Friday, April 28 to “Overweight”. Leerink Swann maintained Anthem, Inc. (NYSE:ANTM) rating on Monday, April 4. Leerink Swann has “Outperform” rating and $195 target. J.P. Morgan upgraded it to “Buy” rating and $28700 target in Thursday, April 26 report. RBC Capital Markets maintained Anthem, Inc. (NYSE:ANTM) on Thursday, January 28 with “Outperform” rating. The firm has “Hold” rating given on Wednesday, October 25 by Jefferies. The rating was maintained by Wells Fargo on Thursday, February 1 with “Outperform”. Piper Jaffray maintained the shares of ANTM in report on Wednesday, January 31 with “Buy” rating. On Friday, September 23 the stock rating was initiated by Evercore with “Hold”. RBC Capital Markets maintained Anthem, Inc. (NYSE:ANTM) rating on Thursday, February 2. RBC Capital Markets has “Outperform” rating and $174 target. On Wednesday, October 18 the stock rating was maintained by Cantor Fitzgerald with “Buy”.

More notable recent Anthem, Inc. (NYSE:ANTM) news were published by: Seekingalpha.com which released: “Anthem Inc.: Good Investment In The Healthcare Industry” on May 16, 2018, also Streetinsider.com with their article: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” published on May 15, 2018, Seekingalpha.com published: “Anthem (ANTM) Q1 2018 Results – Earnings Call Transcript” on April 25, 2018. More interesting news about Anthem, Inc. (NYSE:ANTM) were released by: Streetinsider.com and their article: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” published on May 15, 2018 as well as Investorplace.com‘s news article titled: “Anthem Inc Is Boring, But Profitable” with publication date: May 04, 2018.

More recent Stryker Corporation (NYSE:SYK) news were published by: Streetinsider.com which released: “BofA/Merrill Lynch Doesn’t See Stryker (SYK) Buying Smith and Nephew (SNN)” on April 25, 2018. Also Seekingalpha.com published the news titled: “Stryker (SYK) Q1 2018 Results – Earnings Call Transcript” on April 27, 2018. Streetinsider.com‘s news article titled: “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” with publication date: May 15, 2018 was also an interesting one.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.07, from 0.87 in 2017Q3. It dived, 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. Bollard Group Incorporated Limited Liability Company invested in 0.01% or 836 shares. New Mexico Educational Retirement Board, New Mexico-based fund reported 30,959 shares. Cibc Ww Markets has 0.02% invested in Stryker Corporation (NYSE:SYK) for 22,193 shares. Inv House Limited Liability Corp has invested 0.76% in Stryker Corporation (NYSE:SYK). S&Co holds 16,242 shares. Independent Order Of Foresters accumulated 995 shares or 0.14% of the stock. 8,381 were accumulated by Ibm Retirement Fund. Glenmede Tru Na stated it has 13,245 shares or 0.01% of all its holdings. Dynamic Cap Ltd stated it has 6,387 shares or 0.34% of all its holdings. Cibc World reported 71,728 shares. 9,715 were accumulated by Jane Street Lc. Fmr Ltd Liability Com has invested 0.05% of its portfolio in Stryker Corporation (NYSE:SYK). Pinnacle Associate has 12,449 shares for 0.04% of their portfolio. Primecap Mgmt Ca accumulated 227,100 shares. Northern Tru stated it has 3.92 million shares.

Since February 1, 2018, it had 1 buy, and 15 insider sales for $26.00 million activity. Becker Yin C had sold 23,221 shares worth $3.85 million on Thursday, March 8. Shares for $818,792 were sold by Carpenter Lonny J. Another trade for 103 shares valued at $16,480 was made by Owen Katherine Ann on Monday, March 26. On Wednesday, March 21 Lobo Kevin sold $6.48 million worth of Stryker Corporation (NYSE:SYK) or 39,808 shares. On Friday, February 2 COX HOWARD E JR sold $1.21 million worth of Stryker Corporation (NYSE:SYK) or 7,400 shares. Floyd David had sold 55,119 shares worth $9.18M.

Among 30 analysts covering Stryker Corporation (NYSE:SYK), 20 have Buy rating, 1 Sell and 9 Hold. Therefore 67% are positive. Stryker Corporation had 98 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 12 by Stifel Nicolaus. RBC Capital Markets maintained Stryker Corporation (NYSE:SYK) on Friday, July 24 with “Outperform” rating. Canaccord Genuity maintained the stock with “Buy” rating in Monday, September 25 report. On Wednesday, April 12 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of Stryker Corporation (NYSE:SYK) earned “Neutral” rating by Cantor Fitzgerald on Friday, June 30. On Tuesday, January 2 the stock rating was upgraded by JP Morgan to “Overweight”. The firm has “Market Perform” rating given on Tuesday, November 1 by BMO Capital Markets. The stock of Stryker Corporation (NYSE:SYK) earned “Buy” rating by Canaccord Genuity on Thursday, January 4. Canaccord Genuity maintained it with “Buy” rating and $18500 target in Friday, April 27 report. Goldman Sachs downgraded the stock to “Neutral” rating in Friday, November 13 report.

Hendershot Investments Inc, which manages about $236.98M and $248.62 million US Long portfolio, upped its stake in Tjx Cos Inc New (NYSE:TJX) by 20,090 shares to 85,150 shares, valued at $6.51M in 2017Q4, according to the filing. It also increased its holding in Pepsico Inc (NYSE:PEP) by 9,580 shares in the quarter, for a total of 23,336 shares, and has risen its stake in Walgreens Boots Alliance Inc.

Stryker Corporation (NYSE:SYK) Institutional Positions Chart

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