Sei Investments Co. reduced its position in shares of Cooper Companies, Inc. (The) (NYSE:COO) by 9.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,162 shares of the medical device company’s stock after selling 11,723 shares during the period. Sei Investments Co. owned approximately 0.22% of Cooper Companies, Inc. (The) worth $25,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. ProVise Management Group LLC lifted its holdings in Cooper Companies, Inc. (The) by 0.6% during the 2nd quarter. ProVise Management Group LLC now owns 1,177 shares of the medical device company’s stock worth $282,000 after purchasing an additional 7 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its holdings in Cooper Companies, Inc. (The) by 2.1% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 531 shares of the medical device company’s stock worth $126,000 after purchasing an additional 11 shares during the last quarter. Creative Planning lifted its holdings in Cooper Companies, Inc. (The) by 0.8% during the 2nd quarter. Creative Planning now owns 1,909 shares of the medical device company’s stock worth $457,000 after purchasing an additional 16 shares during the last quarter. CIBC Asset Management Inc increased its stake in Cooper Companies, Inc. (The) by 0.3% during the 2nd quarter. CIBC Asset Management Inc now owns 4,697 shares of the medical device company’s stock worth $1,125,000 after acquiring an additional 16 shares during the period. Finally, Wedbush Securities Inc. increased its stake in Cooper Companies, Inc. (The) by 1.0% during the 2nd quarter. Wedbush Securities Inc. now owns 1,783 shares of the medical device company’s stock worth $427,000 after acquiring an additional 18 shares during the period. 96.71% of the stock is owned by institutional investors and hedge funds.

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COO has been the topic of a number of recent research reports. Zacks Investment Research lowered Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Robert W. Baird restated a “buy” rating and set a $267.00 price objective (up previously from $251.00) on shares of Cooper Companies, Inc. (The) in a research note on Sunday, September 3rd. KeyCorp restated a “hold” rating on shares of Cooper Companies, Inc. (The) in a research note on Monday, August 28th. Piper Jaffray Companies raised their price objective on Cooper Companies, Inc. (The) from $265.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, September 1st. Finally, Jefferies Group LLC restated a “buy” rating and set a $250.00 price objective 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. Cooper Companies, Inc. (The) presently has an average rating of “Buy” and a consensus price target of $261.11.

In other news, Director Gary S. Petersmeyer sold 3,977 shares of Cooper Companies, Inc. (The) stock in a transaction on Thursday, September 14th. The stock was 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 SEC, which is available at this hyperlink. Company insiders own 1.60% of the company’s stock.

Shares of Cooper Companies, Inc. (COO) traded down $2.89 on Monday, hitting $229.06. The stock had a trading volume of 341,800 shares, compared to its average volume of 428,798. Cooper Companies, Inc. has a one year low of $158.73 and a one year high of $256.39. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.51. The company has a market cap of $11,212.31, a price-to-earnings ratio of 24.50, a price-to-earnings-growth ratio of 1.97 and a beta of 0.55.

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