Massachusetts Financial Services Company Holding In Home Depot (HD) Was Has Increased; Stryker (SYK) Shareholder Orbimed Advisors Has Lifted Holding by $14.87 Million

January 14, 2018 - By Marie Mckinney

Samuel Isaly increased its stake in Stryker Corp (SYK) by 33.1% based on its latest 2017Q3 regulatory filing with the SEC. Orbimed Advisors Llc bought 104,700 shares as the company’s stock rose 8.29% with the market. The hedge fund run by Samuel Isaly held 421,000 shares of the medical and dental instruments company at the end of 2017Q3, valued at $59.79 million, up from 316,300 at the end of the previous reported quarter. Orbimed Advisors Llc who had been investing in Stryker Corp for a number of months, seems to be bullish on the $59.22B market cap company. The stock decreased 0.23% or $0.37 during the last trading session, reaching $158.23. About 1.14M shares traded. Stryker Corporation (NYSE:SYK) has risen 24.95% since January 14, 2017 and is uptrending. It has outperformed by 8.25% the S&P500.

Massachusetts Financial Services Company increased its stake in Home Depot Inc (HD) by 54.84% based on its latest 2017Q3 regulatory filing with the SEC. Massachusetts Financial Services Company bought 184,632 shares as the company’s stock rose 9.30% with the market. The institutional investor held 521,303 shares of the consumer services company at the end of 2017Q3, valued at $85.27M, up from 336,671 at the end of the previous reported quarter. Massachusetts Financial Services Company who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $229.37 billion market cap company. The stock increased 0.89% or $1.74 during the last trading session, reaching $196.42. About 6.75M shares traded or 45.66% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 14, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q3. Its up 0.02, from 0.85 in 2017Q2. It improved, as 52 investors sold SYK shares while 330 reduced holdings. 56 funds opened positions while 275 raised stakes. 275.60 million shares or 0.51% more from 274.21 million shares in 2017Q2 were reported. First Republic Invest stated it has 0.08% in Stryker Corporation (NYSE:SYK). Qci Asset Management New York has invested 0.02% of its portfolio in Stryker Corporation (NYSE:SYK). Capwealth Advisors Lc stated it has 41,329 shares. West Family Investments Inc has 1.39% invested in Stryker Corporation (NYSE:SYK) for 81,220 shares. Bollard Group Inc, a Massachusetts-based fund reported 834 shares. Bremer Natl Association owns 12,091 shares for 0.48% of their portfolio. Indiana Tru & Investment Mgmt owns 4,434 shares for 0.3% of their portfolio. Advisor Ptnrs Ltd invested 0.13% of its portfolio in Stryker Corporation (NYSE:SYK). Prudential Finance stated it has 442,916 shares or 0.1% of all its holdings. First Quadrant LP Ca, California-based fund reported 6,700 shares. Amp Invsts invested in 0.12% or 150,267 shares. Ativo Capital Mngmt Ltd Limited Liability Company has invested 0.64% in Stryker Corporation (NYSE:SYK). Us National Bank De has invested 0.07% in Stryker Corporation (NYSE:SYK). Pittenger & Anderson invested in 0.02% or 1,505 shares. Primecap Mngmt Ca owns 227,500 shares or 0.03% of their US portfolio.

Among 26 analysts covering Stryker Corporation (NYSE:SYK), 17 have Buy rating, 2 Sell and 7 Hold. Therefore 65% are positive. Stryker Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Stryker Corporation (NYSE:SYK) earned “Buy” rating by Cowen & Co on Friday, July 28. The firm earned “Outperform” rating on Friday, March 3 by RBC Capital Markets. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, April 12. The stock of Stryker Corporation (NYSE:SYK) earned “Buy” rating by Piper Jaffray on Thursday, September 28. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Buy”. BMO Capital Markets maintained it with “Hold” rating and $140.0 target in Wednesday, August 23 report. The stock of Stryker Corporation (NYSE:SYK) earned “Sell” rating by Needham on Friday, July 28. The stock of Stryker Corporation (NYSE:SYK) has “Hold” rating given on Friday, November 3 by Needham. Nomura initiated Stryker Corporation (NYSE:SYK) rating on Thursday, March 17. Nomura has “Neutral” rating and $115 target. On Monday, June 19 the stock rating was maintained by Canaccord Genuity with “Buy”.

Orbimed Advisors Llc, which manages about $6.70B and $10.46 billion US Long portfolio, decreased its stake in Unitedhealth Group Inc (NYSE:UNH) by 48,600 shares to 380,000 shares, valued at $74.42 million in 2017Q3, according to the filing. It also reduced its holding in Audentes Therapeutics Inc by 672,000 shares in the quarter, leaving it with 4.13 million shares, and cut its stake in Insmed Inc (NASDAQ:INSM).

Since August 4, 2017, it had 0 insider purchases, and 2 selling transactions for $896,215 activity. Carpenter Lonny J had sold 5,000 shares worth $731,819.

Among 33 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. The Home Depot Inc. had 102 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of The Home Depot, Inc. (NYSE:HD) earned “Neutral” rating by Goldman Sachs on Tuesday, August 18. On Wednesday, August 16 the stock rating was maintained by Bank of America with “Buy”. The firm has “Hold” rating by Piper Jaffray given on Friday, September 29. The stock has “Outperform” rating by Credit Suisse on Wednesday, November 18. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Wednesday, August 16 by Stifel Nicolaus. As per Wednesday, August 16, the company rating was maintained by Barclays Capital. The firm has “Buy” rating given on Wednesday, November 18 by UBS. The firm earned “Neutral” rating on Thursday, May 11 by Atlantic Securities. The rating was maintained by Jefferies with “Buy” on Friday, July 21. On Wednesday, February 22 the stock rating was maintained by RBC Capital Markets with “Outperform”.

Since August 16, 2017, it had 0 buys, and 5 insider sales for $18.46 million activity. 41,396 shares were sold by Carey Matt, worth $7.58 million on Friday, December 8. $2.26 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Roseborough Teresa Wynn.

Massachusetts Financial Services Company, which manages about $230.32B US Long portfolio, decreased its stake in Activision Blizzard Inc (NASDAQ:ATVI) by 282,705 shares to 6.47 million shares, valued at $417.52 million in 2017Q3, according to the filing. It also reduced its holding in Canadian Nat Res Ltd (NYSE:CNQ) by 958,833 shares in the quarter, leaving it with 2.71M shares, and cut its stake in Kellogg Co (NYSE:K).

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. It improved, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. Wealthtrust Axiom Ltd Liability Corporation stated it has 0.09% of its portfolio in The Home Depot, Inc. (NYSE:HD). Burke And Herbert Natl Bank And reported 1.22% stake. Beach Invest Management Lc holds 4,530 shares. Connor Clark & Lunn Management, British Columbia – Canada-based fund reported 63,966 shares. St Germain D J Com has 0.1% invested in The Home Depot, Inc. (NYSE:HD) for 4,740 shares. Brick Kyle Associates holds 0.3% or 2,275 shares. Holderness Invs accumulated 22,473 shares. Narwhal Cap Mngmt invested in 0.38% or 9,328 shares. 2.33 million are owned by Aristotle Cap Management Ltd Company. Loring Wolcott And Coolidge Fiduciary Advsr Llp Ma has 113,632 shares. Security Bank & Trust Of So Dak holds 1.36% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 7,257 shares. Nordea Mngmt Ab holds 0.76% or 1.94 million shares. 3,330 are owned by Fundx Invest Gp Limited Company. Brown Advisory Secs Limited Liability Corp reported 12,085 shares or 0.43% of all its holdings. Envestnet Asset holds 242,955 shares.

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