Rmb Capital Management LLC Has Trimmed Holding in Cooper Cos INC (COO) as Share Price Rose

October 13, 2017 - By Henry Gaston

Investors sentiment increased to 1.35 in Q2 2017. Its up 0.09, from 1.26 in 2017Q1. It increased, 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. Capstone Inv Lc, a New York-based fund reported 32,241 shares. Dimensional Fund LP invested in 0.02% or 185,979 shares. Fdx Incorporated owns 6,057 shares. Company Savings Bank invested in 0.46% or 136,544 shares. The Pennsylvania-based Pitcairn has invested 0.06% in Cooper Companies Inc (NYSE:COO). Ubs Asset Americas stated it has 0% in Cooper Companies Inc (NYSE:COO). Credit Suisse Ag holds 0.02% or 77,192 shares. Price T Rowe Assocs Inc Md owns 4.30 million shares. Aperio Gp Ltd Liability Corp has 19,890 shares. Natixis Asset Management owns 884 shares. Hutchin Hill Lp, New York-based fund reported 1,800 shares. Moreover, Clearbridge Investments Ltd Liability has 0% invested in Cooper Companies Inc (NYSE:COO). Cornerstone Capital Hldgs Ltd Com owns 47,408 shares. California-based Los Angeles Mgmt Equity has invested 0.45% in Cooper Companies Inc (NYSE:COO). Bellecapital Ltd has 4.65% invested in Cooper Companies Inc (NYSE:COO).

Since June 6, 2017, it had 0 insider buys, and 3 insider sales for $12.21 million activity. 816 shares were sold by ZINBERG STANLEY MD, worth $198,400 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 Cypress Semiconductor Corp (NASDAQ:CY) by 898,314 shares to 913,314 shares, valued at $12.47M in 2017Q2, according to the filing. It also increased its holding in American Express Co (Put) (NYSE:AXP) by 128,000 shares in the quarter, for a total of 224,000 shares, and has risen its stake in Td Ameritrade Hldg Corp (Put) (NYSE:AMTD).

Analysts await Cooper Companies Inc (NYSE:COO) to report earnings on December, 14. They expect $2.65 earnings per share, up 16.23 % or $0.37 from last year’s $2.28 per share. COO’s profit will be $129.69 million for 22.26 P/E if the $2.65 EPS becomes a reality. After $2.64 actual earnings per share reported by Cooper Companies Inc for the previous quarter, Wall Street now forecasts 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. Cleveland upgraded the shares of COO in report on Monday, May 16 to “Buy” rating. The rating was maintained by Robert W. Baird on Friday, September 1 with “Buy”. BMO Capital Markets maintained Cooper Companies Inc (NYSE:COO) rating on Friday, September 4. BMO Capital Markets has “Outperform” rating and $196 target. Wells Fargo downgraded the stock to “Market Perform” rating in Tuesday, November 17 report. On Friday, June 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, August 28. Jefferies maintained Cooper Companies Inc (NYSE:COO) rating on Thursday, August 17. Jefferies has “Buy” rating and $250.0 target. Jefferies maintained it with “Buy” rating and $210 target in Wednesday, August 24 report. Piper Jaffray maintained the shares of COO in report on Thursday, August 31 with “Buy” rating. On Tuesday, July 18 the stock rating was maintained by Stifel Nicolaus with “Buy”.

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