HGK Asset Management Inc. maintained its position in Cooper Companies, Inc. (The) (NYSE:COO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,340 shares of the medical device company’s stock at the end of the second quarter. HGK Asset Management Inc.’s holdings in Cooper Companies, Inc. (The) were worth $321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of COO. Capstone Asset Management Co. purchased a new position in Cooper Companies, Inc. (The) during the first quarter worth approximately $269,000. Profund Advisors LLC raised its stake in Cooper Companies, Inc. (The) by 9.1% during the first quarter. Profund Advisors LLC now owns 2,059 shares of the medical device company’s stock worth $412,000 after purchasing an additional 171 shares during the period. ProShare Advisors LLC raised its stake in Cooper Companies, Inc. (The) by 1.5% during the first quarter. ProShare Advisors LLC now owns 4,896 shares of the medical device company’s stock worth $979,000 after purchasing an additional 73 shares during the period. Wells Fargo & Company MN raised its stake in Cooper Companies, Inc. (The) by 33.7% during the first quarter. Wells Fargo & Company MN now owns 152,303 shares of the medical device company’s stock worth $30,443,000 after purchasing an additional 38,379 shares during the period. Finally, Commerzbank Aktiengesellschaft FI purchased a new position in Cooper Companies, Inc. (The) during the first quarter worth approximately $237,000. 95.92% of the stock is currently owned by institutional investors.

A number of equities analysts have weighed in on COO shares. Zacks Investment Research downgraded shares of Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Monday, May 22nd. Stifel Nicolaus increased their price target on shares of Cooper Companies, Inc. (The) from $220.00 to $231.00 and gave the stock a “buy” rating in a research note on Friday, June 2nd. Jefferies Group LLC reaffirmed a “buy” rating and set a $250.00 price target (up previously from $220.00) on shares of Cooper Companies, Inc. (The) in a research note on Saturday, June 3rd. Oppenheimer Holdings, Inc. set a $225.00 price target on shares of Cooper Companies, Inc. (The) and gave the stock a “hold” rating in a research note on Saturday, June 3rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $255.00 price target (up previously from $220.00) on shares of Cooper Companies, Inc. (The) in a research note on Monday, June 5th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Cooper Companies, Inc. (The) currently has an average rating of “Buy” and an average target price of $257.60.

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In other news, VP Randal Golden sold 1,621 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Tuesday, July 11th. The shares were 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 of the company’s stock, valued at $421,758.15. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Paul L. Remmell sold 9,294 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Friday, July 14th. The shares were sold at an average price of $248.46, for a total transaction of $2,309,187.24. Following the completion of the transaction, the chief executive officer now directly owns 6,186 shares in the company, valued at approximately $1,536,973.56. The disclosure for this sale can be found here. Insiders sold 17,015 shares of company stock valued at $4,193,502 over the last quarter. Corporate insiders own 1.60% of the company’s stock.

Shares of Cooper Companies, Inc. (NYSE:COO) opened at 248.28 on Wednesday. Cooper Companies, Inc. has a 52-week low of $158.73 and a 52-week high of $256.39. The firm has a market cap of $12.13 billion, a price-to-earnings ratio of 37.22 and a beta of 0.59. The stock has a 50 day moving average of $245.41 and a 200 day moving average of $223.57.

Cooper Companies, Inc. (The) (NYSE:COO) last posted its earnings results on Thursday, August 31st. The medical device company reported $2.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.58 by $0.06. The firm had revenue of $556.00 million during the quarter, compared to analysts’ expectations of $552.32 million. Cooper Companies, Inc. (The) had a net margin of 16.45% and a return on equity of 16.00%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.30 earnings per share. Equities analysts predict that Cooper Companies, Inc. will post $9.72 EPS for the current fiscal 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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