Russell Investments Group Ltd. Has $36.74 Million Stock Position in The Cooper Companies, Inc. (NASDAQ:COO)

Russell Investments Group Ltd. decreased its stake in shares of The Cooper Companies, Inc. (NASDAQ:COO - Free Report) by 20.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 399,690 shares of the medical device company's stock after selling 104,235 shares during the quarter. Russell Investments Group Ltd. owned 0.20% of Cooper Companies worth $36,736,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Byrne Asset Management LLC acquired a new position in Cooper Companies during the fourth quarter worth $33,000. OFI Invest Asset Management bought a new stake in shares of Cooper Companies during the fourth quarter worth approximately $34,000. New Age Alpha Advisors LLC acquired a new position in shares of Cooper Companies in the 4th quarter valued at $38,000. West Financial Advisors LLC acquired a new position in Cooper Companies in the fourth quarter valued at about $49,000. Finally, Atala Financial Inc bought a new position in Cooper Companies during the 4th quarter worth approximately $51,000. Institutional investors and hedge funds own 24.39% of the company's stock.

Analyst Ratings Changes

COO has been the topic of several recent analyst reports. Citigroup cut their price objective on Cooper Companies from $115.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Needham & Company LLC reissued a "hold" rating on shares of Cooper Companies in a research note on Friday, March 7th. JPMorgan Chase & Co. lowered their price target on Cooper Companies from $120.00 to $110.00 and set an "overweight" rating on the stock in a research report on Friday, March 7th. Stifel Nicolaus dropped their price objective on shares of Cooper Companies from $115.00 to $105.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Finally, BNP Paribas raised Cooper Companies to a "hold" rating in a report on Thursday, March 13th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $110.25.

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Cooper Companies Trading Up 2.8 %

Shares of Cooper Companies stock traded up $2.09 during midday trading on Friday, reaching $77.46. The company had a trading volume of 2,672,239 shares, compared to its average volume of 1,395,979. The firm has a market cap of $15.49 billion, a PE ratio of 39.72, a P/E/G ratio of 2.25 and a beta of 1.01. The Cooper Companies, Inc. has a fifty-two week low of $69.81 and a fifty-two week high of $112.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.91 and a quick ratio of 1.12. The stock has a fifty day moving average price of $84.64 and a 200 day moving average price of $94.52.

Cooper Companies (NASDAQ:COO - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The medical device company reported $0.92 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.92. Cooper Companies had a return on equity of 9.38% and a net margin of 10.07%. The company had revenue of $964.70 million for the quarter, compared to the consensus estimate of $981.25 million. On average, equities analysts anticipate that The Cooper Companies, Inc. will post 3.98 earnings per share for the current year.

Cooper Companies Company Profile

The Cooper Companies, Inc, together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical. The CooperVision segment provides spherical lense, including lenses that correct near and farsightedness; and toric and multifocal lenses comprising lenses correcting vision challenges, such as astigmatism, presbyopia, and myopia in the Americas, Europe, Middle East, Africa, and Asia Pacific.