Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 1,607 Shares of Cooper Companies, Inc. (The) (NYSE:COO)

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Cooper Companies, Inc. (The) (NYSE:COO) by 16.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,680 shares of the medical device company’s stock after buying an additional 1,607 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Cooper Companies, Inc. (The) were worth $2,796,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. YorkBridge Wealth Partners LLC lifted its holdings in Cooper Companies, Inc. (The) by 18.5% in the 1st quarter. YorkBridge Wealth Partners LLC now owns 520 shares of the medical device company’s stock valued at $105,000 after purchasing an additional 81 shares in the last quarter. Archford Capital Strategies LLC lifted its holdings in Cooper Companies, Inc. (The) by 116.7% in the 1st quarter. Archford Capital Strategies LLC now owns 674 shares of the medical device company’s stock valued at $135,000 after purchasing an additional 363 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in Cooper Companies, Inc. (The) by 9.5% in the 1st quarter. Penserra Capital Management LLC now owns 782 shares of the medical device company’s stock valued at $156,000 after purchasing an additional 68 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Cooper Companies, Inc. (The) by 3.8% in the 1st quarter. Pacer Advisors Inc. now owns 848 shares of the medical device company’s stock valued at $170,000 after purchasing an additional 31 shares in the last quarter. Finally, Visionary Asset Management Inc. purchased a new position in Cooper Companies, Inc. (The) in the 2nd quarter valued at about $201,000. Institutional investors and hedge funds own 95.92% of the company’s stock.

Shares of Cooper Companies, Inc. (NYSE COO) opened at 245.21 on Friday. The company’s 50-day moving average is $245.23 and its 200-day moving average is $224.59. The firm has a market cap of $11.98 billion, a P/E ratio of 36.76 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.

Cooper Companies, Inc. (The) (NYSE:COO) last posted its quarterly earnings data on Thursday, August 31st. The medical device company reported $2.64 EPS for the quarter, topping the Zacks’ 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 firm 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 earned $2.30 EPS. The company’s revenue was up 8.0% on a year-over-year basis. Equities research analysts forecast that Cooper Companies, Inc. will post $9.72 earnings per share for the current fiscal year.

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A number of research analysts have issued reports on the stock. Oppenheimer Holdings, Inc. set a $225.00 target price on shares of Cooper Companies, Inc. (The) and gave the company a “hold” rating in a report on Saturday, June 3rd. Guggenheim began coverage on shares of Cooper Companies, Inc. (The) in a research note on Thursday, June 29th. They set a “neutral” rating for the company. Jefferies Group LLC reaffirmed a “buy” rating and set a $250.00 price objective on shares of Cooper Companies, Inc. (The) in a research note on Thursday, July 6th. J P Morgan Chase & Co reaffirmed a “hold” rating and set a $235.00 price objective on shares of Cooper Companies, Inc. (The) in a research note on Tuesday. Finally, Zacks Investment Research raised shares of Cooper Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $274.00 price objective for the company in a research note on Friday, June 23rd. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $257.60.

In other Cooper Companies, Inc. (The) news, CEO Paul L. Remmell sold 9,294 shares of the firm’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $248.46, for a total transaction of $2,309,187.24. Following the transaction, the chief executive officer now owns 6,186 shares in the company, valued at approximately $1,536,973.56. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Randal Golden sold 1,621 shares of the firm’s stock in a transaction on Tuesday, July 11th. The stock was sold at an average price of $243.65, for a total value of $394,956.65. Following the transaction, the vice president now owns 1,731 shares in the company, valued at approximately $421,758.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,992 shares of company stock worth $5,167,628. Corporate insiders own 1.60% of the company’s stock.

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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