Jensen Investment Management Inc. significantly reduced its stake in Stryker Corporation (NYSE:SYK) by 13.9% in the third quarter, selling 197,571 shares and now owning 0.32% of the company. Despite this reduction, Stryker remains the 4th largest holding in Jensen’s portfolio. Other institutional investors have recently acquired new positions in Stryker, while several Wall Street analysts have issued “Buy” or “Hold” ratings for the stock.
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Jensen Investment Management Inc. Decreases Holdings in Stryker Corporation $SYK
Jensen Investment Management Inc. significantly reduced its stake in Stryker Corporation (NYSE:SYK) by 13.9% in the third quarter, selling 197,571 shares and now owning 0.32% of the company. Despite this reduction, Stryker remains the 4th largest holding in Jensen’s portfolio. Other institutional investors have recently acquired new positions in Stryker, while several Wall Street analysts have issued “Buy” or “Hold” ratings for the stock.