7,690 Shares in The Cooper Companies, Inc. $COO Purchased by West Family Investments Inc.

West Family Investments Inc. purchased a new position in The Cooper Companies, Inc. (NASDAQ:COO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,690 shares of the medical device company’s stock, valued at approximately $551,000.

Other large investors also recently modified their holdings of the company. Algert Global LLC purchased a new stake in Cooper Companies during the second quarter valued at about $7,655,000. BlackRock Inc. bought a new position in shares of Cooper Companies during the 2nd quarter valued at about $1,077,762,000. Heartland Advisors Inc. bought a new position in Cooper Companies during the fourth quarter valued at approximately $15,348,000. Tocqueville Asset Management L.P. bought a new stake in shares of Cooper Companies in the 2nd quarter worth approximately $1,502,000. Finally, Western Standard LLC purchased a new stake in shares of Cooper Companies in the 2nd quarter valued at $5,228,000. 24.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Mizuho set a $85.00 target price on shares of Cooper Companies and gave the stock an “outperform” rating in a research report on Thursday, June 4th. JPMorgan Chase & Co. reduced their price objective on Cooper Companies from $80.00 to $71.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Wells Fargo & Company reiterated a “sell” rating and issued a $66.00 price objective (down from $82.00) on shares of Cooper Companies in a report on Friday, June 5th. Citigroup reissued a “neutral” rating and issued a $80.00 target price (up from $76.00) on shares of Cooper Companies in a research note on Thursday, August 13th. Finally, Wall Street Zen upgraded Cooper Companies from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Cooper Companies currently has an average rating of “Hold” and an average target price of $81.64.

Cooper Companies Stock Performance

NASDAQ:COO opened at $67.69 on Wednesday. The stock has a market cap of $13.20 billion, a P/E ratio of 57.36, a price-to-earnings-growth ratio of 1.82 and a beta of 0.82. The firm’s fifty day simple moving average is $72.59 and its 200 day simple moving average is $70.17. The Cooper Companies, Inc. has a twelve month low of $58.89 and a twelve month high of $89.83. The company has a quick ratio of 0.78, a current ratio of 1.27 and a debt-to-equity ratio of 0.23.

Cooper Companies Company Profile

Cooper Companies, Inc (NASDAQ: COO) is a global medical device company headquartered in San Ramon, California. Founded in 1958, the company has grown through strategic acquisitions and organic development to become a major provider of vision care and women’s health products. Cooper Companies operates through two primary business segments—CooperVision and CooperSurgical—each serving specialized markets within the healthcare industry.

The CooperVision segment develops, manufactures and markets a broad range of soft contact lenses, as well as related accessories.