Cooper Companies Inc (COO) Position Trimmed by Clear Perspective Advisors LLC

Clear Perspective Advisors LLC cut its holdings in shares of Cooper Companies Inc (NYSE:COO) by 23.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,543 shares of the medical device company’s stock after selling 485 shares during the quarter. Clear Perspective Advisors LLC’s holdings in Cooper Companies were worth $366,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Synovus Financial Corp lifted its position in Cooper Companies by 7.2% during the third quarter. Synovus Financial Corp now owns 9,550 shares of the medical device company’s stock worth $2,266,000 after buying an additional 638 shares during the period. Stifel Financial Corp lifted its position in Cooper Companies by 10.9% during the third quarter. Stifel Financial Corp now owns 12,065 shares of the medical device company’s stock worth $2,857,000 after buying an additional 1,181 shares during the period. Pinebridge Investments L.P. purchased a new position in Cooper Companies during the third quarter worth about $565,000. FDO Partners LLC lifted its position in Cooper Companies by 283.4% during the third quarter. FDO Partners LLC now owns 8,871 shares of the medical device company’s stock worth $2,103,000 after buying an additional 6,557 shares during the period. Finally, OxFORD Asset Management LLP lifted its position in Cooper Companies by 21.1% during the third quarter. OxFORD Asset Management LLP now owns 11,441 shares of the medical device company’s stock worth $2,650,000 after buying an additional 1,990 shares during the period. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Several equities analysts recently weighed in on the company. J P Morgan Chase & Co reiterated a “hold” rating and set a $235.00 target price on shares of Cooper Companies in a research report on Tuesday, September 12th. Oppenheimer restated a “hold” rating and issued a $250.00 price objective on shares of Cooper Companies in a report on Tuesday, September 12th. Zacks Investment Research downgraded Cooper Companies from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Robert W. Baird restated a “buy” rating and issued a $273.00 price objective (up from $267.00) on shares of Cooper Companies in a report on Tuesday, September 12th. Finally, Stifel Nicolaus raised their price objective on Cooper Companies from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Tuesday, September 12th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $260.22.

Cooper Companies Inc (NYSE COO) opened at $229.74 on Tuesday. The company has a market capitalization of $11,250.00, a PE ratio of 25.47, a PEG ratio of 2.02 and a beta of 0.54. The company has a quick ratio of 1.29, a current ratio of 2.51 and a debt-to-equity ratio of 0.38. Cooper Companies Inc has a twelve month low of $161.52 and a twelve month high of $256.39.

In other news, Director Gary S. Petersmeyer sold 3,977 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $244.94, for a total value of $974,126.38. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.60% of the company’s stock.

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About Cooper Companies

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 (NYSE:COO)

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