As Cooper Cos INC (COO) Market Value Rose, Holder Rmb Capital Management LLC Trimmed Stake by $5.31 Million

January 21, 2018 - By Vivian Park

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.25, from 1.35 in 2017Q2. It is negative, as 33 investors sold COO shares while 143 reduced holdings. 53 funds opened positions while 140 raised stakes. 45.75 million shares or 0.59% less from 46.02 million shares in 2017Q2 were reported. Legal And General Grp Plc reported 254,120 shares. Rainier Inv Mngmt Limited Liability Company invested in 6,460 shares or 0.36% of the stock. Creative Planning has invested 0% of its portfolio in The Cooper Companies, Inc. (NYSE:COO). Shell Asset Management has invested 0.02% of its portfolio in The Cooper Companies, Inc. (NYSE:COO). Jarislowsky Fraser holds 7,530 shares or 0.01% of its portfolio. Adage Cap Ptnrs Group Lc accumulated 361,800 shares or 0.21% of the stock. 2,683 were accumulated by Pub Sector Pension Invest Board. Moreover, Jacobs Levy Equity Management has 0.02% invested in The Cooper Companies, Inc. (NYSE:COO). Illinois-based Oak Ridge Invests Llc has invested 0.18% in The Cooper Companies, Inc. (NYSE:COO). Sumitomo Mitsui holds 144,282 shares. Gotham Asset Management Ltd Llc accumulated 3,549 shares. Banque Pictet & Cie Sa holds 0.22% of its portfolio in The Cooper Companies, Inc. (NYSE:COO) for 41,572 shares. State Street holds 2.35 million shares. Westfield Cap Mngmt Com Lp stated it has 636,882 shares or 1.16% of all its holdings. Prudential Fincl Inc owns 0.03% invested in The Cooper Companies, Inc. (NYSE:COO) for 69,808 shares.

Since September 14, 2017, it had 0 insider buys, and 8 insider sales for $13.38 million activity. $1.12 million worth of The Cooper Companies, Inc. (NYSE:COO) was sold by ZINBERG STANLEY MD on Thursday, January 4. RUBENSTEIN ALLAN E also sold $1.48M worth of The Cooper Companies, Inc. (NYSE:COO) on Friday, January 12. $2.10 million worth of The Cooper Companies, Inc. (NYSE:COO) shares were sold by BENDER A THOMAS. 3,977 shares valued at $974,130 were sold by PETERSMEYER GARY S on Thursday, September 14.

Rmb Capital Management Llc decreased its stake in Cooper Cos Inc (COO) by 20.72% based on its latest 2017Q3 regulatory filing with the SEC. Rmb Capital Management Llc sold 22,389 shares as the company’s stock rose 8.53% with the market. The hedge fund held 85,681 shares of the health care company at the end of 2017Q3, valued at $20.32 million, down from 108,070 at the end of the previous reported quarter. Rmb Capital Management Llc who had been investing in Cooper Cos Inc for a number of months, seems to be less bullish one the $11.78 billion market cap company. The stock increased 2.18% or $5.13 during the last trading session, reaching $240.65. About 447,729 shares traded or 1.74% up from the average. The Cooper Companies, Inc. (NYSE:COO) has risen 33.48% since January 21, 2017 and is uptrending. It has outperformed by 16.78% the S&P500.

Rmb Capital Management Llc, which manages about $3.98 billion and $3.87 billion US Long portfolio, upped its stake in Viacom Inc New (NASDAQ:VIAB) by 197,160 shares to 329,448 shares, valued at $9.17 million in 2017Q3, according to the filing. It also increased its holding in Spdr Series Trust (Put) (KBE) by 432,000 shares in the quarter, for a total of 544,000 shares, and has risen its stake in Spdr S&P 500 Etf Tr (Put) (SPY).

Analysts await The Cooper Companies, Inc. (NYSE:COO) to report earnings on March, 1. They expect $2.49 EPS, up 29.02 % or $0.56 from last year’s $1.93 per share. COO’s profit will be $121.89 million for 24.16 P/E if the $2.49 EPS becomes a reality. After $2.65 actual EPS reported by The Cooper Companies, Inc. for the previous quarter, Wall Street now forecasts -6.04 % negative EPS growth.

More important recent The Cooper Companies, Inc. (NYSE:COO) news were published by: Bna.com which released: “S&P 500’s Cooper Warns on $42 Million UK ‘Google Tax’ Charge(1)” on January 11, 2018, also Nasdaq.com published article titled: “The Cooper Companies, Inc. (COO) Ex-Dividend Date Scheduled for January 22, 2018”, Gurufocus.com published: “The Cooper Companies Inc (COO) Files 10-K for the Fiscal Year Ended on October …” on December 22, 2017. More interesting news about The Cooper Companies, Inc. (NYSE:COO) was released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Thyssen Krupp, Colgate-Palmolive and Cooper Companies” with publication date: January 18, 2018.

The Cooper Companies, Inc. (NYSE:COO) Ratings Coverage

Among 15 analysts covering Cooper (NYSE:COO), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Cooper had 55 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Thursday, December 7 by BMO Capital Markets. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, August 28 report. The firm has “Buy” rating given on Thursday, June 30 by Stifel Nicolaus. On Friday, July 21 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. On Tuesday, October 10 the stock rating was maintained by Jefferies with “Buy”. The stock has “Buy” rating by BMO Capital Markets on Tuesday, July 25. As per Wednesday, July 13, the company rating was initiated by JP Morgan. The firm has “Hold” rating given on Friday, June 2 by Oppenheimer. BMO Capital Markets maintained The Cooper Companies, Inc. (NYSE:COO) rating on Thursday, June 1. BMO Capital Markets has “Buy” rating and $25500 target. The firm has “Buy” rating by BMO Capital Markets given on Thursday, August 31.

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