Teachers Retirement System of The State of Kentucky Has $10.43 Million Position in The Cooper Companies, Inc. (NYSE:COO)

Teachers Retirement System of The State of Kentucky raised its stake in The Cooper Companies, Inc. (NYSE:COO) by 4.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,856 shares of the medical device company’s stock after purchasing an additional 2,044 shares during the quarter. Teachers Retirement System of The State of Kentucky owned 0.10% of The Cooper Companies worth $10,427,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in COO. BlackRock Inc. boosted its stake in shares of The Cooper Companies by 1.5% in the fourth quarter. BlackRock Inc. now owns 3,616,339 shares of the medical device company’s stock valued at $787,926,000 after buying an additional 54,380 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of The Cooper Companies by 0.4% in the third quarter. Janus Henderson Group PLC now owns 2,185,268 shares of the medical device company’s stock valued at $518,147,000 after buying an additional 9,477 shares in the last quarter. Amundi Pioneer Asset Management Inc. boosted its stake in shares of The Cooper Companies by 10.1% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 1,379,094 shares of the medical device company’s stock valued at $300,476,000 after buying an additional 126,156 shares in the last quarter. Westfield Capital Management Co. LP boosted its stake in shares of The Cooper Companies by 47.8% in the third quarter. Westfield Capital Management Co. LP now owns 636,882 shares of the medical device company’s stock valued at $151,011,000 after buying an additional 206,003 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of The Cooper Companies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 583,128 shares of the medical device company’s stock valued at $126,817,000 after buying an additional 17,942 shares in the last quarter. Institutional investors own 98.53% of the company’s stock.

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In other news, CEO Robert S. Weiss sold 36,769 shares of the business’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $242.35, for a total value of $8,910,967.15. Following the completion of the transaction, the chief executive officer now directly owns 135,936 shares of the company’s stock, valued at $32,944,089.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Carol R. Kaufman sold 13,362 shares of the business’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $243.88, for a total value of $3,258,724.56. Following the completion of the transaction, the executive vice president now directly owns 59,305 shares of the company’s stock, valued at $14,463,303.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,581 shares of company stock valued at $13,645,387. Insiders own 1.60% of the company’s stock.

A number of analysts recently weighed in on the company. Goldman Sachs assumed coverage on The Cooper Companies in a research note on Wednesday. They issued a “neutral” rating and a $231.00 price target on the stock. Oppenheimer set a $265.00 price target on The Cooper Companies and gave the company a “hold” rating in a research note on Thursday, March 29th. BMO Capital Markets restated an “outperform” rating and issued a $280.00 price target (up from $277.00) on shares of The Cooper Companies in a research note on Friday, March 9th. TheStreet downgraded The Cooper Companies from a “b” rating to a “c” rating in a research note on Thursday, March 8th. Finally, Jefferies Group restated a “buy” rating and issued a $285.00 price target on shares of The Cooper Companies in a research note on Friday, March 9th. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $264.18.

Shares of COO stock opened at $217.98 on Friday. The firm has a market cap of $10,844.02, a P/E ratio of 22.47, a PEG ratio of 1.74 and a beta of 0.62. The Cooper Companies, Inc. has a 1 year low of $194.55 and a 1 year high of $260.26. The company has a quick ratio of 1.61, a current ratio of 2.83 and a debt-to-equity ratio of 0.75.

The Cooper Companies (NYSE:COO) last issued its quarterly earnings data on Thursday, March 8th. The medical device company reported $2.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.28. The firm had revenue of $590.00 million during the quarter, compared to analysts’ expectations of $583.07 million. The Cooper Companies had a return on equity of 16.90% and a net margin of 7.83%. The Cooper Companies’s revenue was up 18.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.93 earnings per share. research analysts predict that The Cooper Companies, Inc. will post 11.83 earnings per share for the current year.

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The 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.

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

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