Cooper Companies Inc (COO) : Scoggin Management Lp added new position in Cooper Companies Inc during the most recent quarter end. The investment management firm now holds 5,000 shares of Cooper Companies Inc which is valued at $906,450 , the company said in a statement filed on Aug 9, 2016 with the SEC.Cooper Companies Inc makes up approximately 0.28% of Scoggin Management Lp’s portfolio.
Other Hedge Funds, Including , Brown Advisory Inc boosted its stake in COO in the latest quarter, The investment management firm added 78 additional shares and now holds a total of 2,493 shares of Cooper Companies Inc which is valued at $451,956.Bb&t Securities boosted its stake in COO in the latest quarter, The investment management firm added 4,745 additional shares and now holds a total of 19,171 shares of Cooper Companies Inc which is valued at $3,505,801. Cooper Companies Inc makes up approx 0.05% of Bb&t Securities’s portfolio.Rothschild Asset Management Inc boosted its stake in COO in the latest quarter, The investment management firm added 13,989 additional shares and now holds a total of 90,691 shares of Cooper Companies Inc which is valued at $16,442,278. Cooper Companies Inc makes up approx 0.29% of Rothschild Asset Management Inc’s portfolio.American Century Companies Inc reduced its stake in COO by selling 118,533 shares or 29.08% in the most recent quarter. The Hedge Fund company now holds 289,102 shares of COO which is valued at $51,850,444. Cooper Companies Inc makes up approx 0.06% of American Century Companies Inc’s portfolio.
Cooper Companies Inc closed down -1.5 points or -0.83% at $179.82 with 2,34,131 shares getting traded on Wednesday. Post opening the session at $181.59, the shares hit an intraday low of $179.51 and an intraday high of $181.59 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Cooper Companies Inc reported $2.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Jun 2, 2016. Analyst had a consensus of $1.92. The company had revenue of $484.80 million for the quarter, compared to analysts expectations of $463.97 million. The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.72 EPS.
Many Wall Street Analysts have commented on Cooper Companies Inc. Company shares were Reiterated by Stifel on Jun 30, 2016 to “Buy”, Firm has raised the Price Target to $ 195 from a previous price target of $180 .Company shares were Reiterated by Jefferies on Jun 3, 2016 to “Buy”, Firm has raised the Price Target to $ 190 from a previous price target of $175 .
The Cooper Companies Inc. (Cooper) is a global medical device company. The Company operates through two business units CooperVision Inc. (CVI) and CooperSurgical Inc. (CSI). CooperVision is a global manufacturer providing products for contact lens wearers. CooperSurgical focuses on supplying women’s health clinicians with products and treatment options to improve the delivery of healthcare to women. CooperSurgical products fall into three main segments based on the point of healthcare delivery: Hospital Office and Fertility Clinic. CooperVision develops manufactures and markets a range of monthly two-week and single-use contact lenses featuring advanced materials and optics. CooperVision is involved in correcting vision problems such as astigmatism presbyopia and ocular dryness and provides innovative contact lens solutions. The CooperVision Companys brands include Biofinity Avaira and MyDay and CooperSurgical Companys brands include Advincula Arch SeeClear and Mobius.