Cooper Cos INC (COO) Stock Value Rose While Rmb Capital Management LLC Trimmed Its Position by $6.11 Million

October 13, 2017 - By Kurt Siggers

Investors sentiment increased to 1.35 in 2017 Q2. Its up 0.09, from 1.26 in 2017Q1. It is positive, as 20 investors sold COO shares while 135 reduced holdings. 69 funds opened positions while 141 raised stakes. 46.02 million shares or 0.41% less from 46.21 million shares in 2017Q1 were reported. Private Tru Co Na owns 5,264 shares for 0.27% of their portfolio. Clarivest Asset Mngmt Limited Liability Corp owns 153,635 shares for 0.86% of their portfolio. Alliancebernstein Limited Partnership invested in 88,178 shares or 0.02% of the stock. Stifel accumulated 10,884 shares. Suntrust Banks has invested 0.01% in Cooper Companies Inc (NYSE:COO). 5,485 were reported by Sumitomo Life Ins. Atria Ltd owns 1,934 shares or 0.03% of their US portfolio. 510,471 were accumulated by Schroder Inv Gp. Oak Ridge Investments accumulated 19,294 shares. Franklin Resource Incorporated, a California-based fund reported 150,609 shares. Westfield LP stated it has 430,879 shares or 0.88% of all its holdings. Dynamic Mgmt Ltd holds 19,044 shares. Blackrock holds 0.04% or 3.21 million shares. Weiss Multi accumulated 2,100 shares. Forward Mngmt Limited Com holds 0.04% or 2,011 shares.

Since June 6, 2017, it had 0 insider buys, and 3 selling transactions for $12.21 million activity. ZINBERG STANLEY MD also sold $198,400 worth of Cooper Companies Inc (NYSE:COO) on Tuesday, June 6.

Rmb Capital Management Llc decreased its stake in Cooper Cos Inc (COO) by 19.13% based on its latest 2017Q2 regulatory filing with the SEC. Rmb Capital Management Llc sold 25,568 shares as the company’s stock rose 8.53% with the market. The hedge fund held 108,070 shares of the health care company at the end of 2017Q2, valued at $25.87 million, down from 133,638 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 $11.55B market cap company. The stock decreased 0.69% or $1.65 on October 13, reaching $236. About 268,692 shares traded. Cooper Companies Inc (NYSE:COO) has risen 33.48% since October 13, 2016 and is uptrending. It has outperformed by 16.78% the S&P500.

Rmb Capital Management Llc, which manages about $3.98B and $3.49B US Long portfolio, upped its stake in Bb&T Corp (Put) (NYSE:BBT) by 160,000 shares to 448,000 shares, valued at $20.34M in 2017Q2, according to the filing. It also increased its holding in Alphabet Inc by 7,154 shares in the quarter, for a total of 32,658 shares, and has risen its stake in Allstate Corp (Put) (NYSE:ALL).

Analysts expect Cooper Companies Inc (NYSE:COO) to report $2.65 EPS on December, 14.They anticipate $0.37 EPS change or 16.23 % from last quarter’s $2.28 EPS. COO’s profit would be $129.69 million giving it 22.26 P/E if the $2.65 EPS is correct. After having $2.64 EPS previously, Cooper Companies Inc’s analysts see 0.38 % EPS growth.

More news for Cooper Companies Inc (NYSE:COO) were recently published by: Globenewswire.com, which released: “The Cooper Companies Announces Release Date for Fourth Quarter and Full Year 2017” on October 10, 2017. Nasdaq.com‘s article titled: “Why Is Cooper Companies (COO) Down 7.7% Since the Last Earnings Report?” and published on October 02, 2017 is yet another important article.

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 49 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 4 by Jefferies. William Blair maintained Cooper Companies Inc (NYSE:COO) on Friday, September 4 with “Buy” rating. The firm has “Buy” rating given on Friday, September 1 by Robert W. Baird. The stock of Cooper Companies Inc (NYSE:COO) earned “Buy” rating by Jefferies on Wednesday, August 24. The company was downgraded on Friday, July 21 by KeyBanc Capital Markets. The stock of Cooper Companies Inc (NYSE:COO) earned “Outperform” rating by BMO Capital Markets on Friday, September 4. As per Friday, September 4, the company rating was maintained by Piper Jaffray. On Friday, December 4 the stock rating was maintained by Piper Jaffray with “Overweight”. The stock has “Buy” rating by Jefferies on Friday, April 15. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, July 12.

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