Cooper Companies Inc (COO) Shares Sold by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec cut its holdings in Cooper Companies Inc (NYSE:COO) by 39.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 93,658 shares of the medical device company’s stock after selling 62,308 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned about 0.19% of Cooper Companies worth $22,301,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in COO. Acadian Asset Management LLC raised its holdings in Cooper Companies by 3,293.9% in the second quarter. Acadian Asset Management LLC now owns 6,109 shares of the medical device company’s stock worth $1,463,000 after purchasing an additional 5,929 shares during the period. Great West Life Assurance Co. Can raised its holdings in Cooper Companies by 3.1% in the second quarter. Great West Life Assurance Co. Can now owns 28,335 shares of the medical device company’s stock worth $6,779,000 after purchasing an additional 857 shares during the period. CIBC Asset Management Inc raised its holdings in Cooper Companies by 0.3% in the second quarter. CIBC Asset Management Inc now owns 4,697 shares of the medical device company’s stock worth $1,125,000 after purchasing an additional 16 shares during the period. Daiwa Securities Group Inc. raised its holdings in Cooper Companies by 74.1% in the second quarter. Daiwa Securities Group Inc. now owns 2,350 shares of the medical device company’s stock worth $563,000 after purchasing an additional 1,000 shares during the period. Finally, Korea Investment CORP raised its holdings in Cooper Companies by 58.7% in the second quarter. Korea Investment CORP now owns 13,809 shares of the medical device company’s stock worth $3,306,000 after purchasing an additional 5,109 shares during the period. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

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

Several equities research analysts have weighed in on the stock. Jefferies Group set a $250.00 target price on shares of Cooper Companies and gave the stock a “buy” rating in a report on Thursday, August 17th. Cleveland Research restated a “buy” rating on shares of Cooper Companies in a report on Tuesday, August 22nd. Zacks Investment Research lowered shares of Cooper Companies from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Raymond James Financial restated a “buy” rating and set a $265.00 price objective on shares of Cooper Companies in a report on Monday. Finally, Robert W. Baird restated a “buy” rating and set a $251.00 price objective on shares of Cooper Companies in a report on Thursday, August 24th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Cooper Companies presently has an average rating of “Buy” and an average price target of $260.70.

Shares of Cooper Companies Inc (NYSE:COO) traded up $2.18 during mid-day trading on Thursday, reaching $234.07. 497,100 shares of the company’s stock traded hands, compared to its average volume of 421,463. Cooper Companies Inc has a 12-month low of $164.27 and a 12-month high of $256.39. The firm has a market cap of $11,350.84, a price-to-earnings ratio of 24.80, a P/E/G ratio of 1.94 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.

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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.

Institutional Ownership by Quarter for Cooper Companies (NYSE:COO)

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