Stevens Capital Management LP acquired a new stake in Cooper Companies, Inc. (The) (NYSE:COO) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,357 shares of the medical device company’s stock, valued at approximately $1,043,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Amalgamated Bank increased its stake in Cooper Companies, Inc. (The) by 27.0% in the 2nd quarter. Amalgamated Bank now owns 9,764 shares of the medical device company’s stock valued at $2,338,000 after buying an additional 2,073 shares during the period. BlackRock Inc. increased its stake in Cooper Companies, Inc. (The) by 4.5% in the 2nd quarter. BlackRock Inc. now owns 3,210,032 shares of the medical device company’s stock valued at $768,546,000 after buying an additional 138,395 shares during the period. Findlay Park Partners LLP increased its stake in Cooper Companies, Inc. (The) by 14.5% in the 2nd quarter. Findlay Park Partners LLP now owns 318,972 shares of the medical device company’s stock valued at $76,368,000 after buying an additional 40,500 shares during the period. Norinchukin Bank The increased its stake in Cooper Companies, Inc. (The) by 6.6% in the 2nd quarter. Norinchukin Bank The now owns 3,390 shares of the medical device company’s stock valued at $812,000 after buying an additional 209 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Cooper Companies, Inc. (The) by 36.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 279,224 shares of the medical device company’s stock valued at $66,854,000 after buying an additional 74,015 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

In other news, VP Randal Golden sold 1,621 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Tuesday, July 11th. The shares were sold at an average price of $243.65, for a total value of $394,956.65. Following the sale, the vice president now directly owns 1,731 shares in the company, valued at $421,758.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary S. Petersmeyer sold 3,977 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $244.94, for a total transaction of $974,126.38. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,992 shares of company stock worth $3,702,248. Insiders own 1.60% of the company’s stock.

Several research firms have weighed in on COO. Zacks Investment Research lowered shares of Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Jefferies Group LLC reiterated a “buy” rating and issued a $250.00 price objective on shares of Cooper Companies, Inc. (The) in a research note on Tuesday, September 12th. Stephens reiterated an “equal weight” rating and issued a $250.00 price objective (up previously from $235.00) on shares of Cooper Companies, Inc. (The) in a research note on Tuesday, September 12th. Oppenheimer Holdings, Inc. reiterated a “hold” rating and issued a $250.00 price objective on shares of Cooper Companies, Inc. (The) in a research note on Tuesday, September 12th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $273.00 price objective (up previously from $267.00) on shares of Cooper Companies, Inc. (The) in a research note on Tuesday, September 12th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Cooper Companies, Inc. (The) has a consensus rating of “Buy” and an average price target of $257.60.

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Cooper Companies, Inc. (NYSE:COO) opened at 239.77 on Friday. The firm has a market cap of $11.74 billion, a price-to-earnings ratio of 34.39 and a beta of 0.59. Cooper Companies, Inc. has a 52 week low of $158.73 and a 52 week high of $256.39. The stock’s 50 day moving average is $245.08 and its 200 day moving average is $225.59.

Cooper Companies, Inc. (The) (NYSE:COO) last announced its quarterly earnings results on Thursday, August 31st. The medical device company reported $2.64 earnings per share for the quarter, beating the Zacks’ 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 firm had revenue of $556.00 million for the quarter, compared to analyst estimates of $552.32 million. During the same quarter in the previous year, the firm posted $2.30 earnings per share. The business’s revenue was up 8.0% on a year-over-year basis. Equities research analysts expect that Cooper Companies, Inc. will post $9.73 EPS for the current year.

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)

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