Sentry Investment Management LLC lessened its stake in shares of Cooper Companies Inc (NYSE:COO) by 8.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,849 shares of the medical device company’s stock after selling 254 shares during the quarter. Sentry Investment Management LLC’s holdings in Cooper Companies were worth $844,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Dupont Capital Management Corp raised its holdings in Cooper Companies by 4.4% during the 4th quarter. Dupont Capital Management Corp now owns 881 shares of the medical device company’s stock worth $224,000 after buying an additional 37 shares during the period. Thrivent Financial for Lutherans grew its stake in Cooper Companies by 1.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 2,141 shares of the medical device company’s stock valued at $545,000 after acquiring an additional 37 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in Cooper Companies by 0.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,360 shares of the medical device company’s stock valued at $1,364,000 after acquiring an additional 41 shares in the last quarter. Raymond James Trust N.A. grew its stake in Cooper Companies by 5.4% during the 4th quarter. Raymond James Trust N.A. now owns 814 shares of the medical device company’s stock valued at $207,000 after acquiring an additional 42 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in Cooper Companies by 24.3% during the 4th quarter. Rehmann Capital Advisory Group now owns 220 shares of the medical device company’s stock valued at $56,000 after acquiring an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 98.88% of the company’s stock.

Several equities analysts have weighed in on COO shares. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $325.00 target price on shares of Cooper Companies in a research note on Wednesday, March 6th. Jefferies Financial Group lifted their target price on Cooper Companies to $330.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Zacks Investment Research raised Cooper Companies from a “hold” rating to a “buy” rating and set a $317.00 target price on the stock in a research note on Friday, March 8th. KeyCorp boosted their price target on Cooper Companies from $296.00 to $314.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. Finally, Raymond James boosted their price target on Cooper Companies from $300.00 to $325.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $307.90.

Shares of NYSE COO traded down $0.49 during trading hours on Friday, hitting $291.44. The stock had a trading volume of 1,559 shares, compared to its average volume of 256,432. The stock has a market cap of $14.41 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 2.27 and a beta of 0.85. Cooper Companies Inc has a 52 week low of $221.50 and a 52 week high of $302.36. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.75 and a current ratio of 1.27.

Cooper Companies (NYSE:COO) last announced its quarterly earnings results on Tuesday, March 5th. The medical device company reported $2.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.50 by $0.38. The business had revenue of $628.10 million during the quarter, compared to analysts’ expectations of $618.50 million. Cooper Companies had a return on equity of 17.56% and a net margin of 14.22%. On average, analysts predict that Cooper Companies Inc will post 12.01 EPS for the current year.

In other Cooper Companies news, Director Jody S. Lindell sold 2,943 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $296.28, for a total transaction of $871,952.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stanley Md Zinberg sold 740 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $290.03, for a total value of $214,622.20. Following the sale, the director now directly owns 17,421 shares of the company’s stock, valued at approximately $5,052,612.63. The disclosure for this sale can be found here. Insiders have sold 87,030 shares of company stock valued at $25,461,465 in the last ninety days. Company insiders own 1.70% of the company’s stock.

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Cooper Companies Profile

The Cooper Companies, Inc operates as a medical device company worldwide. It operates through CooperVision and CooperSurgical business units. The company develops, manufactures, and markets a range of contact lenses, including spherical lenses, and toric and multifocal lenses that correct near- and farsightedness, as well as addresses various complex visual defects, such as astigmatism and presbyopia.

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

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