As Cooper Cos (COO) Stock Price Declined, Westpac Banking Has Trimmed by $456.02 Million Its Holding; Homestreet (HMST) Valuation Declined While Schneider Capital Management Boosted Its Stake

August 10, 2018 - By Megan Stone

The Cooper Companies, Inc. (NYSE:COO) Logo

Westpac Banking Corp decreased its stake in Cooper Cos Inc (COO) by 3.39% based on its latest 2018Q1 regulatory filing with the SEC. Westpac Banking Corp sold 1,993 shares as the company’s stock declined 2.19% with the market. The institutional investor held 56,774 shares of the health care company at the end of 2018Q1, valued at $12.99 billion, down from 58,767 at the end of the previous reported quarter. Westpac Banking Corp who had been investing in Cooper Cos Inc for a number of months, seems to be less bullish one the $12.61B market cap company. The stock decreased 0.43% or $1.11 during the last trading session, reaching $256.84. About 227,797 shares traded. The Cooper Companies, Inc. (NYSE:COO) has risen 4.32% since August 10, 2017 and is uptrending. It has underperformed by 8.25% the S&P500. Some Historical COO News: 08/03/2018 – Cooper Cos 1Q Loss/Shr $2.50; 08/03/2018 – COOPER COMPANIES INC – SEES FISCAL 2018 NON-GAAP DILUTED EARNINGS PER SHARE OF $11.70 – $11.90; 20/04/2018 – Jennison Adds Hill-Rom, Exits Cooper Cos, Cuts AbbVie; 23/05/2018 – Cooper Cos: Holly Sheffield to Join as EVP, Chief Strategy Officer; 06/03/2018 Cooper Cos Closes Above 200-Day Moving Average: Technicals; 03/04/2018 – Cooper Cos Sees Deal Neutral to EPS in FY18; 08/03/2018 – COOPER COMPANIES INC COO.N FY2018 SHR VIEW $11.62, REV VIEW $2.52 BLN — THOMSON REUTERS l/B/E/S; 27/04/2018 – The Dalí and the Cooper, Sky Arts – `bonkers and brilliant’; 23/05/2018 – The Cooper Companies Announces Executive Management Changes; 03/04/2018 – COOPER COS. BUYS LIFEGLOBAL GROUP, EXPANDING FERTILITY

Schneider Capital Management Corp increased its stake in Homestreet Inc. (HMST) by 175.72% based on its latest 2018Q1 regulatory filing with the SEC. Schneider Capital Management Corp bought 293,084 shares as the company’s stock declined 6.62% with the market. The institutional investor held 459,879 shares of the finance company at the end of 2018Q1, valued at $13.18M, up from 166,795 at the end of the previous reported quarter. Schneider Capital Management Corp who had been investing in Homestreet Inc. for a number of months, seems to be bullish on the $806.87M market cap company. The stock decreased 0.33% or $0.1 during the last trading session, reaching $29.9. About 79,857 shares traded. HomeStreet, Inc. (NASDAQ:HMST) has risen 0.64% since August 10, 2017 and is uptrending. It has underperformed by 11.93% the S&P500. Some Historical HMST News: 23/04/2018 – HOMESTREET – COST REDUCTION ACTIONS IN APRIL RESULTED IN HEADCOUNT REDUCTION OF 86 FTE AND DECREASE IN NON-PERSONNEL RELATED EXPENSES; 24/04/2018 – BLUE LION SAYS INTENDS TO SOLICIT HOMESTREET SHAREHOLDERS TO VOTE AGAINST RE-ELECTION OF DIRECTORS SCOTT BOGGS AND DOUGLAS SMITH; 23/04/2018 – HOMESTREET INC QTRLY DEPOSITS INCREASED TO $5.05 BLN, UP 6% FROM DECEMBER 31, 2017 AND 10% FROM MARCH 31, 2017; 17/05/2018 – HomeStreet Director Mark Patterson Issues Letter to Shareholders; 23/05/2018 – HOMESTREET INC – CO WILL COUNT VOTES ON BLUE PROXY CARDS AT 2018 ANNUAL MEETING ON PROVISIONAL BASIS; 02/04/2018 – BLUE LION CAPITAL WILL CONTINUE PURSUING HOMESTREET CHANGES; 14/05/2018 – ISS RECOMMENDS HOMESTREET HOLDERS VOTE VS SCOTT BOGGS ON BLUE; 17/05/2018 – Proxy Advisor Egan-Jones Joins ISS in Recommending Hldrs Vote for Change at HomeStreet Annual Meeting; 14/05/2018 – ISS Recommends HomeStreet Hldrs Vote AGAINST Scott Boggs on Blue Lion’s BLUE Proxy Card; 30/05/2018 – HomeStreet Bank: Richland and Selah Locations Will Remain Open to Customers Until August 31

Analysts await The Cooper Companies, Inc. (NYSE:COO) to report earnings on August, 30 after the close. They expect $3.08 EPS, up 16.67% or $0.44 from last year’s $2.64 per share. COO’s profit will be $151.24M for 20.85 P/E if the $3.08 EPS becomes a reality. After $2.86 actual EPS reported by The Cooper Companies, Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Among 16 analysts covering Cooper (NYSE:COO), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Cooper had 64 analyst reports since August 26, 2015 according to SRatingsIntel. Jefferies maintained the shares of COO in report on Wednesday, August 24 with “Buy” rating. Oppenheimer maintained The Cooper Companies, Inc. (NYSE:COO) on Friday, June 2 with “Hold” rating. KeyBanc Capital Markets upgraded the stock to “Sector Weight” rating in Wednesday, August 26 report. The stock has “Buy” rating by Robert W. Baird on Tuesday, September 12. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, September 1 report. The stock of The Cooper Companies, Inc. (NYSE:COO) has “Market Perform” rating given on Tuesday, November 17 by Wells Fargo. The firm has “Buy” rating by Jefferies given on Tuesday, May 30. BMO Capital Markets maintained the shares of COO in report on Thursday, December 7 with “Buy” rating. KeyBanc Capital Markets maintained the shares of COO in report on Monday, August 28 with “Hold” rating. JP Morgan initiated the shares of COO in report on Wednesday, July 13 with “Buy” rating.

Since March 12, 2018, it had 0 insider buys, and 7 insider sales for $14.94 million activity. The insider WEISS ROBERT S sold 36,769 shares worth $8.91 million. 1,000 shares were sold by RUBENSTEIN ALLAN E, worth $235,130. On Friday, June 29 the insider McBride Daniel G sold $504,820. $3.26 million worth of The Cooper Companies, Inc. (NYSE:COO) was sold by KAUFMAN CAROL R on Monday, March 12. $380,147 worth of stock was sold by KALKSTEIN MICHAEL on Wednesday, April 11. Shares for $100,764 were sold by PETERSMEYER GARY S.

More notable recent The Cooper Companies, Inc. (NYSE:COO) news were published by: Uk.Finance.Yahoo.com which released: “NYSE COO Sees ‘Strong Appetite’ in China to Raise Capital in US” on July 26, 2018, also Gurufocus.com with their article: “David Carlson Picks Up Henry Schein, Dumps Amgen” published on August 03, 2018, Globenewswire.com published: “The Cooper Companies Announces Release Date for Third Quarter 2018” on July 25, 2018. More interesting news about The Cooper Companies, Inc. (NYSE:COO) were released by: Gurufocus.com and their article: “5 Companies Hit 52-Week Highs” published on August 07, 2018 as well as Globenewswire.com‘s news article titled: “The Cooper Companies Declares Cash Dividend” with publication date: July 12, 2018.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.57, from 1.38 in 2017Q4. It dropped, as 48 investors sold COO shares while 153 reduced holdings. 45 funds opened positions while 117 raised stakes. 46.37 million shares or 0.49% less from 46.60 million shares in 2017Q4 were reported. Btim Corporation, Massachusetts-based fund reported 50,571 shares. Parametric Portfolio Assocs Limited Liability invested in 87,460 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System owns 4,386 shares. Martingale Asset Limited Partnership holds 0.47% or 158,377 shares. Fisher Asset Management Ltd Limited Liability Company, a Washington-based fund reported 166,304 shares. Gsa Capital Prtnrs Limited Liability Partnership invested 0.07% in The Cooper Companies, Inc. (NYSE:COO). California State Teachers Retirement holds 0.04% of its portfolio in The Cooper Companies, Inc. (NYSE:COO) for 77,586 shares. Old Mutual Customised Solutions (Proprietary) Ltd reported 400 shares. Campbell Co Invest Adviser Limited Liability Corporation has invested 0.23% in The Cooper Companies, Inc. (NYSE:COO). 2,628 are held by Global X. Visionary Asset Management accumulated 962 shares. Vigilant Capital has invested 0.01% in The Cooper Companies, Inc. (NYSE:COO). Ameriprise owns 525,289 shares for 0.05% of their portfolio. Riverhead Cap Mgmt Lc, a Delaware-based fund reported 3,485 shares. 22,195 were accumulated by Aperio Gru Llc.

Westpac Banking Corp, which manages about $5007.51 billion US Long portfolio, upped its stake in National Oilwell Varco Inc (NYSE:NOV) by 16,077 shares to 124,245 shares, valued at $4.57 billion in 2018Q1, according to the filing. It also increased its holding in Dollar Tree Inc (NASDAQ:DLTR) by 15,725 shares in the quarter, for a total of 83,052 shares, and has risen its stake in Weyerhaeuser Co (NYSE:WY).

Another recent and important HomeStreet, Inc. (NASDAQ:HMST) news was published by Seekingalpha.com which published an article titled: “HomeStreet, Inc. (HMST) CEO Mark Mason on Q2 2018 Results – Earnings Call Transcript” on July 24, 2018.

Investors sentiment increased to 1.47 in 2018 Q1. Its up 0.61, from 0.86 in 2017Q4. It improved, as 11 investors sold HMST shares while 32 reduced holdings. 11 funds opened positions while 52 raised stakes. 20.40 million shares or 0.35% less from 20.47 million shares in 2017Q4 were reported. The Pennsylvania-based Schneider has invested 3.02% in HomeStreet, Inc. (NASDAQ:HMST). Manufacturers Life Insurance The holds 0% or 20,421 shares in its portfolio. Pnc Fincl Grp holds 588 shares or 0% of its portfolio. California Public Employees Retirement accumulated 55,496 shares. Citadel Lc has invested 0% of its portfolio in HomeStreet, Inc. (NASDAQ:HMST). 148,756 were accumulated by Seizert Cap Prns Limited. Envestnet Asset Mgmt Incorporated invested 0% in HomeStreet, Inc. (NASDAQ:HMST). Geode Management Lc has 0% invested in HomeStreet, Inc. (NASDAQ:HMST) for 260,134 shares. Moreover, National Bank & Trust Of New York Mellon has 0% invested in HomeStreet, Inc. (NASDAQ:HMST). Parametric Portfolio Associates Ltd Liability holds 0% in HomeStreet, Inc. (NASDAQ:HMST) or 88,750 shares. Jpmorgan Chase & holds 0% of its portfolio in HomeStreet, Inc. (NASDAQ:HMST) for 215,289 shares. 123,806 are held by D E Shaw Co Incorporated. 7,815 were reported by Teachers Retirement System Of The State Of Kentucky. Zurcher Kantonalbank (Zurich Cantonalbank) has 1,132 shares. Thrivent For Lutherans holds 17,337 shares or 0% of its portfolio.

Among 6 analysts covering HomeStreet (NASDAQ:HMST), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. HomeStreet had 24 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Hold” rating by Sandler O’Neill on Thursday, January 11. The rating was downgraded by Wood to “Market Perform” on Wednesday, January 24. Wood maintained the stock with “Outperform” rating in Thursday, October 1 report. The stock of HomeStreet, Inc. (NASDAQ:HMST) earned “Mkt Perform” rating by FBR Capital on Thursday, January 26. The stock of HomeStreet, Inc. (NASDAQ:HMST) has “Mkt Perform” rating given on Tuesday, December 20 by FBR Capital. The stock of HomeStreet, Inc. (NASDAQ:HMST) has “Buy” rating given on Monday, September 11 by Keefe Bruyette & Woods. FBR Capital upgraded HomeStreet, Inc. (NASDAQ:HMST) rating on Monday, June 11. FBR Capital has “Buy” rating and $3500 target. The company was maintained on Wednesday, October 28 by Macquarie Research. Keefe Bruyette & Woods maintained it with “Buy” rating and $3100 target in Thursday, June 1 report. FBR Capital maintained HomeStreet, Inc. (NASDAQ:HMST) on Wednesday, January 24 with “Hold” rating.

HomeStreet, Inc. (NASDAQ:HMST) Institutional Positions Chart

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