Jane Street Group LLC grew its holdings in Cooper Companies Inc (NYSE:COO) by 1,061.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,336 shares of the medical device company’s stock after buying an additional 10,360 shares during the quarter. Jane Street Group LLC’s holdings in Cooper Companies were worth $2,470,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the company. Canada Pension Plan Investment Board acquired a new stake in shares of Cooper Companies in the third quarter worth approximately $163,000. Virtue Capital Management LLC acquired a new stake in shares of Cooper Companies in the fourth quarter worth approximately $195,000. FNY Managed Accounts LLC acquired a new stake in shares of Cooper Companies in the fourth quarter worth approximately $217,000. CAPROCK Group Inc. acquired a new stake in shares of Cooper Companies in the fourth quarter worth approximately $222,000. Finally, Everence Capital Management Inc. acquired a new stake in shares of Cooper Companies in the fourth quarter worth approximately $253,000. Institutional investors and hedge funds own 98.53% of the company’s stock.
Shares of Cooper Companies stock opened at $228.34 on Thursday. Cooper Companies Inc has a 1 year low of $194.29 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 company has a market capitalization of $11,373.94, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 1.82 and a beta of 0.61.
Cooper Companies (NYSE:COO) last posted its earnings results on Thursday, March 8th. The medical device company reported $2.79 EPS for the quarter, beating the Zacks’ consensus estimate of $2.51 by $0.28. Cooper Companies had a return on equity of 16.90% and a net margin of 7.83%. The company had revenue of $590.00 million for the quarter, compared to the consensus estimate of $583.07 million. During the same quarter in the previous year, the business earned $1.93 earnings per share. The company’s revenue for the quarter was up 18.2% on a year-over-year basis. equities research analysts expect that Cooper Companies Inc will post 11.83 EPS for the current fiscal year.
COO has been the topic of a number of research analyst reports. Raymond James Financial reaffirmed a “buy” rating and issued a $265.00 price target on shares of Cooper Companies in a research note on Monday, December 4th. Stifel Nicolaus reissued a “buy” rating and set a $265.00 price objective (down previously from $275.00) on shares of Cooper Companies in a research note on Friday, December 8th. Oppenheimer set a $250.00 price objective on Cooper Companies and gave the stock a “hold” rating in a research note on Friday, December 8th. Zacks Investment Research lowered Cooper Companies from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. Finally, Cleveland Research lowered Cooper Companies from a “buy” rating to a “hold” rating in a research note on Friday, February 9th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $267.50.
In related news, 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 sale, the executive vice president now owns 59,305 shares in the company, valued at approximately $14,463,303.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert S. Weiss sold 36,769 shares of the business’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of $242.35, for a total value of $8,910,967.15. Following the completion of the sale, the chief executive officer now owns 135,936 shares in the company, valued at approximately $32,944,089.60. The disclosure for this sale can be found here. Insiders sold 62,081 shares of company stock worth $14,879,687 in the last 90 days. Company insiders own 1.60% of the company’s stock.
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Cooper Companies Profile
The Cooper Companies, Inc is a global medical device company. The Company operates through two business units: CooperVision, Inc and CooperSurgical, Inc CooperVision offers soft contact lenses for the vision correction market. CooperVision develops, manufactures and markets a range of single-use, two-week and monthly contact lenses.
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