Charles Schwab Investment Management Inc. Has $4.41 Million Stock Position in Cooper-Standard Holdings Inc. (NYSE:CPS)

Charles Schwab Investment Management Inc. reduced its position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 29.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 318,192 shares of the auto parts company's stock after selling 130,916 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.84% of Cooper-Standard worth $4,413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CPS. Wolverine Asset Management LLC acquired a new stake in shares of Cooper-Standard during the third quarter worth $574,000. Fiduciary Alliance LLC increased its position in Cooper-Standard by 21.5% during the third 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 period. US Bancorp DE acquired a new stake in Cooper-Standard in the 3rd quarter worth about $33,000. AQR Capital Management LLC boosted 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 purchasing an additional 18,478 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Cooper-Standard by 7.1% during 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. 69.11% of the stock is currently owned by institutional investors.

Cooper-Standard Trading Up 0.9 %

NYSE CPS traded up $0.13 during midday trading on Friday, hitting $15.20. The company had a trading volume of 155,334 shares, compared to its average volume of 137,042. The company has a market capitalization of $263.42 million, a PE ratio of -1.53 and a beta of 2.79. Cooper-Standard Holdings Inc. has a twelve month low of $11.24 and a twelve month high of $20.82. The firm has a 50-day moving average price of $14.47 and a 200-day moving average price of $13.82.

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

Analyst Ratings Changes

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

Cooper-Standard Company 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.