Cooper Companies, Inc. (The) (COO) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC raised its position in Cooper Companies, Inc. (The) (NYSE:COO) by 18.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 51,943 shares of the medical device company’s stock after buying an additional 8,044 shares during the period. Teachers Advisors LLC owned approximately 0.11% of Cooper Companies, Inc. (The) worth $9,311,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of COO. Hermes Investment Management Ltd. purchased a new position in shares of Cooper Companies, Inc. (The) during the second quarter worth $20,781,000. Oak Ridge Investments LLC raised its position in shares of Cooper Companies, Inc. (The) by 19.2% in the third quarter. Oak Ridge Investments LLC now owns 20,988 shares of the medical device company’s stock worth $3,762,000 after buying an additional 3,386 shares during the last quarter. Bank of Montreal Can raised its position in shares of Cooper Companies, Inc. (The) by 80.9% in the third quarter. Bank of Montreal Can now owns 25,253 shares of the medical device company’s stock worth $4,527,000 after buying an additional 11,291 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Cooper Companies, Inc. (The) by 104.3% in the third quarter. Prudential Financial Inc. now owns 59,998 shares of the medical device company’s stock worth $10,755,000 after buying an additional 30,633 shares during the last quarter. Finally, Commerce Bank raised its position in shares of Cooper Companies, Inc. (The) by 4.2% in the second quarter. Commerce Bank now owns 137,961 shares of the medical device company’s stock worth $23,670,000 after buying an additional 5,615 shares during the last quarter. Hedge funds and other institutional investors own 97.83% of the company’s stock.

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

Shares of Cooper Companies, Inc. (NYSE:COO) traded down 1.39% during midday trading on Wednesday, hitting $179.27. The stock had a trading volume of 135,709 shares. The stock’s 50-day moving average is $172.42 and its 200-day moving average is $178.12. The stock has a market cap of $8.75 billion, a PE ratio of 32.07 and a beta of 0.55. Cooper Companies, Inc. has a 12 month low of $119.28 and a 12 month high of $190.99.

Cooper Companies, Inc. (The) (NYSE:COO) last issued its quarterly earnings data on Thursday, December 8th. The medical device company reported $2.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.25 by $0.03. The firm had revenue of $518.70 million for the quarter. Cooper Companies, Inc. (The) had a return on equity of 15.38% and a net margin of 13.93%. Equities analysts anticipate that Cooper Companies, Inc. will post $9.21 EPS for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, February 9th. Stockholders of record on Monday, January 23rd will be given a $0.03 dividend. The ex-dividend date of this dividend is Thursday, January 19th. This represents a dividend yield of 0.03%. Cooper Companies, Inc. (The)’s dividend payout ratio is currently 1.07%.

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A number of equities research analysts recently commented on the company. Zacks Investment Research raised Cooper Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $198.00 price target for the company in a research report on Wednesday, October 5th. KeyCorp set a $221.00 price target on Cooper Companies, Inc. (The) and gave the company a “buy” rating in a research report on Saturday, October 1st. BMO Capital Markets set a $203.00 price target on Cooper Companies, Inc. (The) and gave the company a “buy” rating in a research report on Friday, December 9th. Jefferies Group reissued a “buy” rating and issued a $210.00 price target on shares of Cooper Companies, Inc. (The) in a research report on Wednesday, December 7th. Finally, Wells Fargo & Company raised Cooper Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research report on Monday, December 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. Cooper Companies, Inc. (The) currently has a consensus rating of “Buy” and a consensus price target of $202.50.

In other news, COO Daniel G. Mcbride sold 20,000 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Tuesday, December 20th. The stock was sold at an average price of $174.82, for a total value of $3,496,400.00. Following the sale, the chief operating officer now directly owns 43,644 shares in the company, valued at approximately $7,629,844.08. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Gary S. Petersmeyer sold 458 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $175.97, for a total value of $80,594.26. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.

Cooper Companies, Inc. (The) Company Profile

The Cooper Companies, Inc (Cooper) is a medical device company. The Company operates through two business units: CooperVision, Inc (CooperVision) and CooperSurgical, Inc (CooperSurgical). CooperVision develops, manufactures and markets a range of soft contact lenses for the vision correction market. CooperVision offers Biofinity monthly spherical, toric and multifocal lenses under the Avaira brand.

5 Day Chart for NYSE:COO

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