Manulife Financial Corp (MFC) Lifted to Buy at Zacks Investment Research

Virginia Retirement Et Al owns 0.03% invested in Cooper Companies Inc (NYSE:COO) for 11,300 shares. Among active positions in the latest quarter, 162 holders increased their positions by a total of 44.41 million shares, 150 holders decreased the positions by a total of 92.46 million shares, and 98 holders held their positions. The company has market cap of $5.35 billion. Leading up to this report, we have seen a 3.41% rise in the stock price over the last 30 days and a 3.56% increase over the past 3 months. 762,411 shares of the company's stock traded hands. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since October 13, 2016 and is uptrending. It has outperformed by 1.92% the S&P500. More interesting news about Manulife Financial Corp. This works out to a net decrease in ownership of 48.04 million shares, and suggests that institutions are feeling bearish about the stock. Price T Rowe Assocs Md owns 4.30 million shares or 0.18% of their U.S. portfolio. Pennsylvania Trust Co acquired a new position in shares of Manulife Financial Corp in the 2nd quarter valued at $234,000. The last closing price is up 6.56% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time. Given that liquidity is king in short-term, MFC is a stock with 1.99 billion shares outstanding that normally trades 0.4% of its float. It has outperformed by 7.30% the S&P500.

Among 5 analysts covering Manulife Financial Corp. Therefore 67% are positive. The stock of Cooper Companies Inc (NYSE:COO) earned "Buy" rating by Piper Jaffray on Thursday, August 31. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, February 10. The rating was maintained by Scotia Capital on Friday, February 10 with "Outperform". The company was maintained on Friday, August 7 by TD Securities. The firm has "Buy" rating given on Wednesday, September 21 by Dundee Securities.

Institutions own 46.04% of Manulife Financial Corporation (MFC)'s shares. COO's profit will be $129.76 million for 22.41 P/E if the $2.65 EPS becomes a reality. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01.

More notable recent Manulife Financial Corporation (USA) (NYSE:MFC) news were published by: Fool.ca which released: "Does John Hancock Spinoff Make Manulife Financial Corp. a Buy?" on July 14, 2017, also Fool.ca with their article: "Manulife Financial Corp.: Does an Amazing Quarter Make it a Buy?" published on August 23, 2017, Fool.ca published: "Manulife Financial Corp".

A total of 17 brokerages have issued a ratings update on Manulife Financial. The ex-dividend date was set for Friday the 18th of August 2017.

M&T Savings Bank has invested 0% in Diamondback Energy Inc (NASDAQ:FANG). Its down 0.44, from 1.08 in 2017Q1. It is positive, as 20 investors sold Cooper Companies Inc shares while 135 reduced holdings. 41 funds opened positions while 59 raised stakes. State Board Of Administration Of Florida Retirement invested 0.02% in Calpine Corporation (NYSE:CPN). (NASDAQ:NUTR) for 419 shares. The share price was last seen 0.38% higher, reaching at $39.9 on October 12, 2017. Private Na holds 0.27% in Cooper Companies Inc (NYSE:COO) or 5,264 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% of its portfolio in Diamondback Energy Inc (NASDAQ:FANG). Federated Investors Pa reported 677,486 shares. (NASDAQ:AAPL). Stoneridge Inv Prtnrs Ltd Liability holds 146,517 shares. (NASDAQ:NUTR) for 7,537 shares. Gamco Investors Et Al holds 34,850 shares.

Among 15 analysts covering Intercontinental Exchange (NYSE:ICE), 11 have Buy rating, 0 Sell and 4 Hold. Morgan Stanley maintained it with "Overweight" rating and $123 target in Wednesday, July 27 report. The company was initiated on Wednesday, August 24 by Bank of America. BidaskClub raised Manulife Financial Corp from a "hold" rating to a "buy" rating in a research note on Tuesday, July 11th. The firm has "Equal-Weight" rating by Barclays Capital given on Tuesday, September 8. The stock of Apple Inc. The stock of Diamondback Energy Inc (NASDAQ:FANG) has "Buy" rating given on Friday, October 2 by Evercore. (NASDAQ:AAPL) has "Market Perform" rating given on Tuesday, August 25 by Wells Fargo. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company.