DekaBank Deutsche Girozentrale Sells 1,171 Shares of Cooper Companies, Inc. (The) (COO)

DekaBank Deutsche Girozentrale reduced its stake in shares of Cooper Companies, Inc. (The) (NYSE:COO) by 14.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,828 shares of the medical device company’s stock after selling 1,171 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Cooper Companies, Inc. (The) were worth $1,736,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Cooper Companies, Inc. (The) by 3.3% during the second quarter. Vanguard Group Inc. now owns 4,938,181 shares of the medical device company’s stock valued at $1,182,298,000 after buying an additional 156,449 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Cooper Companies, Inc. (The) by 4.5% during the second quarter. BlackRock Inc. now owns 3,210,032 shares of the medical device company’s stock worth $768,546,000 after purchasing an additional 138,395 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Cooper Companies, Inc. (The) by 558.5% during the second quarter. Janus Henderson Group PLC now owns 2,175,791 shares of the medical device company’s stock worth $520,937,000 after purchasing an additional 1,845,368 shares during the period. Pioneer Investment Management Inc. boosted its holdings in shares of Cooper Companies, Inc. (The) by 136.6% during the second quarter. Pioneer Investment Management Inc. now owns 1,226,250 shares of the medical device company’s stock worth $293,589,000 after purchasing an additional 708,028 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in shares of Cooper Companies, Inc. (The) by 39.1% during the second quarter. Bessemer Group Inc. now owns 575,951 shares of the medical device company’s stock worth $137,895,000 after purchasing an additional 161,772 shares during the period. 95.23% of the stock is currently owned by hedge funds and other institutional investors.

In other Cooper Companies, Inc. (The) news, Director Gary S. Petersmeyer sold 3,977 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $244.94, for a total value of $974,126.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.60% of the company’s stock.

A number of analysts have recently weighed in on the stock. J P Morgan Chase & Co reiterated a “hold” rating and set a $235.00 target price on shares of Cooper Companies, Inc. (The) in a report on Tuesday, September 12th. Oppenheimer Holdings, Inc. reiterated a “hold” rating and set a $250.00 target price on shares of Cooper Companies, Inc. (The) in a report on Tuesday, September 12th. Zacks Investment Research lowered shares of Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Robert W. Baird reiterated a “buy” rating and set a $273.00 target price (up from $267.00) on shares of Cooper Companies, Inc. (The) in a report on Tuesday, September 12th. Finally, Stifel Nicolaus increased their target price on shares of Cooper Companies, Inc. (The) from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Tuesday, September 12th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $260.22.

Shares of Cooper Companies, Inc. (NYSE COO) opened at $238.90 on Friday. The company has a quick ratio of 1.29, a current ratio of 2.51 and a debt-to-equity ratio of 0.38. Cooper Companies, Inc. has a 1-year low of $158.73 and a 1-year high of $256.39. The company has a market cap of $11,693.97, a PE ratio of 25.55, a price-to-earnings-growth ratio of 2.05 and a beta of 0.55.

Cooper Companies, Inc. (The) (NYSE:COO) last issued its quarterly earnings data on Thursday, August 31st. The medical device company reported $2.64 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.58 by $0.06. Cooper Companies, Inc. (The) had a net margin of 16.45% and a return on equity of 16.00%. The business had revenue of $556.00 million during the quarter, compared to analyst estimates of $552.32 million. During the same period last year, the business posted $2.30 earnings per share. Cooper Companies, Inc. (The)’s quarterly revenue was up 8.0% compared to the same quarter last year. equities analysts anticipate that Cooper Companies, Inc. will post 9.72 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “DekaBank Deutsche Girozentrale Sells 1,171 Shares of Cooper Companies, Inc. (The) (COO)” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be accessed at https://sportsperspectives.com/2017/11/24/dekabank-deutsche-girozentrale-sells-1171-shares-of-cooper-companies-inc-the-coo.html.

Cooper Companies, Inc. (The) Company Profile

The Cooper Companies, Inc is a global medical device company. The Company operates through two business units: CooperVision, Inc and CooperSurgical, Inc CooperVision offers soft contact lenses for the vision correction market. CooperVision develops, manufactures and markets a range of single-use, two-week and monthly contact lenses.

Institutional Ownership by Quarter for Cooper Companies, Inc. (The) (NYSE:COO)

Receive News & Ratings for Cooper Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cooper Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply