Catalyst Capital Advisors LLC trimmed its holdings in shares of Cooper Companies, Inc. (The) (NYSE:COO) by 20.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,000 shares of the medical device company’s stock after selling 2,005 shares during the period. Catalyst Capital Advisors LLC’s holdings in Cooper Companies, Inc. (The) were worth $1,897,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. ProVise Management Group LLC raised its stake in shares of Cooper Companies, Inc. (The) by 0.6% during the second quarter. ProVise Management Group LLC now owns 1,177 shares of the medical device company’s stock worth $282,000 after buying an additional 7 shares during the last quarter. YorkBridge Wealth Partners LLC raised its stake in shares of Cooper Companies, Inc. (The) by 2.1% during the second quarter. YorkBridge Wealth Partners LLC now owns 531 shares of the medical device company’s stock worth $126,000 after buying an additional 11 shares during the last quarter. Creative Planning raised its stake in shares of Cooper Companies, Inc. (The) by 0.8% during the second quarter. Creative Planning now owns 1,909 shares of the medical device company’s stock worth $457,000 after buying an additional 16 shares during the last quarter. CIBC Asset Management Inc raised its stake in shares of Cooper Companies, Inc. (The) by 0.3% during the second quarter. CIBC Asset Management Inc now owns 4,697 shares of the medical device company’s stock worth $1,125,000 after buying an additional 16 shares during the last quarter. Finally, Wedbush Securities Inc. raised its stake in shares of Cooper Companies, Inc. (The) by 1.0% during the second quarter. Wedbush Securities Inc. now owns 1,783 shares of the medical device company’s stock worth $427,000 after buying an additional 18 shares during the last quarter. 95.23% of the stock is owned by institutional investors and hedge funds.

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COO has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. KeyCorp reissued a “hold” rating on shares of Cooper Companies, Inc. (The) in a research note on Monday, August 28th. Robert W. Baird reissued a “buy” rating and set a $267.00 price target (up from $251.00) on shares of Cooper Companies, Inc. (The) in a research note on Sunday, September 3rd. BidaskClub downgraded shares of Cooper Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, BMO Capital Markets reissued a “buy” rating and set a $272.00 price target on shares of Cooper Companies, Inc. (The) in a research note on Friday, October 13th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $260.22.

In other news, Director Gary S. Petersmeyer sold 3,977 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $244.94, for a total value of $974,126.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is owned by corporate insiders.

Shares of Cooper Companies, Inc. (NYSE COO) traded up $1.29 during midday trading on Tuesday, reaching $239.94. 184,600 shares of the company were exchanged, compared to its average volume of 424,267. The firm has a market capitalization of $11,680.00, a PE ratio of 25.52, a P/E/G ratio of 2.05 and a beta of 0.55. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.51. Cooper Companies, Inc. has a 52-week low of $158.73 and a 52-week high of $256.39.

Cooper Companies, Inc. (The) (NYSE:COO) last issued its quarterly earnings data on Thursday, August 31st. The medical device company reported $2.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.58 by $0.06. The firm had revenue of $556.00 million during the quarter, compared to analysts’ expectations of $552.32 million. Cooper Companies, Inc. (The) had a net margin of 16.45% and a return on equity of 16.00%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.30 earnings per share. analysts forecast that Cooper Companies, Inc. will post 9.72 EPS for the current year.

About Cooper Companies, Inc. (The)

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.

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

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