Barclays PLC Boosts Stock Position in Cooper-Standard Holdings Inc. (NYSE:CPS)

Barclays PLC lifted its holdings in Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 110.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,013 shares of the auto parts company's stock after buying an additional 16,284 shares during the period. Barclays PLC owned approximately 0.18% of Cooper-Standard worth $430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its stake in Cooper-Standard by 7.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 99,427 shares of the auto parts company's stock worth $1,237,000 after purchasing an additional 6,559 shares in the last quarter. Rhumbline Advisers lifted its position in Cooper-Standard by 15.8% during the second quarter. Rhumbline Advisers now owns 27,353 shares of the auto parts company's stock worth $340,000 after buying an additional 3,723 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Cooper-Standard by 12.2% during the second quarter. Renaissance Technologies LLC now owns 216,800 shares of the auto parts company's stock worth $2,697,000 after buying an additional 23,600 shares during the last quarter. AQR Capital Management LLC grew its holdings in Cooper-Standard by 18.3% in the 2nd quarter. AQR Capital Management LLC now owns 119,598 shares of the auto parts company's stock valued at $1,488,000 after buying an additional 18,478 shares in the last quarter. Finally, Fiduciary Alliance LLC increased its stake in shares of Cooper-Standard by 21.5% in the 3rd quarter. Fiduciary Alliance LLC now owns 314,690 shares of the auto parts company's stock worth $4,365,000 after acquiring an additional 55,605 shares during the last quarter. 69.11% of the stock is currently owned by institutional investors and hedge funds.

Cooper-Standard Stock Up 2.9 %

Shares of Cooper-Standard stock traded up $0.44 during mid-day trading on Friday, hitting $15.67. The stock had a trading volume of 175,810 shares, compared to its average volume of 140,909. The firm has a 50-day moving average of $14.51 and a two-hundred day moving average of $14.14. The firm has a market cap of $271.49 million, a P/E ratio of -1.58 and a beta of 2.79. Cooper-Standard Holdings Inc. has a 12-month low of $11.24 and a 12-month high of $19.52.

Cooper-Standard (NYSE:CPS - Get Free Report) last posted its earnings results on Thursday, October 31st. The auto parts company reported ($0.68) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.18) by $0.50. The business had revenue of $685.35 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research report on Tuesday, November 5th.

Cooper-Standard Profile

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.