Calamos Advisors LLC lessened its stake in Cooper Companies, Inc. (The) (NYSE:COO) by 99.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 890 shares of the medical device company’s stock after selling 89,083 shares during the period. Calamos Advisors LLC’s holdings in Cooper Companies, Inc. (The) were worth $213,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Archford Capital Strategies LLC grew its position 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 buying an additional 363 shares in the last quarter. Penserra Capital Management LLC grew its position 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 buying an additional 68 shares in the last quarter. Pacer Advisors Inc. grew its position 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 buying an additional 31 shares in the last quarter. Visionary Asset Management Inc. bought a new position in Cooper Companies, Inc. (The) in the 2nd quarter valued at about $201,000. Finally, Dai Ichi Life Insurance Company Ltd bought a new position in Cooper Companies, Inc. (The) in the 1st quarter valued at about $206,000. Hedge funds and other institutional investors own 96.10% of the company’s stock.

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A number of equities analysts recently issued reports on the stock. KeyCorp reiterated a “sector weight” rating on shares of Cooper Companies, Inc. (The) in a research report on Friday, July 21st. Piper Jaffray Companies increased their target price on shares of Cooper Companies, Inc. (The) to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 19th. BidaskClub lowered shares of Cooper Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Cleveland Research reiterated a “buy” rating on shares of Cooper Companies, Inc. (The) in a research report on Tuesday, August 22nd. Finally, Zacks Investment Research upgraded shares of Cooper Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $277.00 target price for the company in a research report on Tuesday, August 22nd. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Cooper Companies, Inc. (The) currently has a consensus rating of “Buy” and a consensus target price of $246.89.

In other Cooper Companies, Inc. (The) news, CEO Paul L. Remmell sold 9,294 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 6,186 shares of the company’s stock, valued at approximately $1,536,973.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Randal Golden sold 1,621 shares of the business’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $243.65, for a total value of $394,956.65. Following the sale, the vice president now directly owns 1,731 shares of the company’s stock, valued at $421,758.15. The disclosure for this sale can be found here. Insiders have sold a total of 17,015 shares of company stock valued at $4,193,502 over the last three months. Company insiders own 1.60% of the company’s stock.

Cooper Companies, Inc. (COO) opened at 251.48 on Friday. Cooper Companies, Inc. has a 52-week low of $158.73 and a 52-week high of $256.39. The stock’s 50 day moving average is $245.26 and its 200 day moving average is $222.76. The company has a market cap of $12.29 billion, a price-to-earnings ratio of 37.70 and a beta of 0.59.

Cooper Companies, Inc. (The) (NYSE:COO) last announced its quarterly earnings data on Thursday, August 31st. The medical device company reported $2.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.58 by $0.06. The firm had revenue of $556 million during the quarter, compared to analysts’ expectations of $552.32 million. Cooper Companies, Inc. (The) had a return on equity of 16.00% and a net margin of 16.45%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.30 EPS. Equities research analysts forecast that Cooper Companies, Inc. will post $9.72 earnings per share for the current year.

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.

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

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