NorthRock Partners LLC lowered its position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 60.7% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 36,104 shares of the auto parts company's stock after selling 55,767 shares during the quarter. NorthRock Partners LLC owned about 0.21% of Cooper-Standard worth $501,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE acquired a new position in shares of Cooper-Standard in the 3rd quarter valued at about $33,000. Janney Montgomery Scott LLC acquired a new position in shares of Cooper-Standard in the 1st quarter valued at about $232,000. BNP Paribas Financial Markets lifted its holdings in shares of Cooper-Standard by 19.6% in the 1st quarter. BNP Paribas Financial Markets now owns 18,363 shares of the auto parts company's stock valued at $304,000 after buying an additional 3,004 shares during the period. Rhumbline Advisers lifted its holdings in shares of Cooper-Standard by 15.8% in the 2nd quarter. Rhumbline Advisers now owns 27,353 shares of the auto parts company's stock valued at $340,000 after buying an additional 3,723 shares during the period. Finally, Atomi Financial Group Inc. lifted its holdings in shares of Cooper-Standard by 14.5% in the 1st quarter. Atomi Financial Group Inc. now owns 35,541 shares of the auto parts company's stock valued at $589,000 after buying an additional 4,503 shares during the period. Institutional investors and hedge funds own 69.11% of the company's stock.
Cooper-Standard Trading Up 5.0 %
NYSE:CPS traded up $0.77 during trading hours on Wednesday, hitting $16.06. 248,248 shares of the stock were exchanged, compared to its average volume of 136,300. Cooper-Standard Holdings Inc. has a 52-week low of $11.24 and a 52-week high of $20.82. The firm's fifty day moving average price is $13.80 and its 200 day moving average price is $13.75. The company has a market cap of $278.06 million, a P/E ratio of -1.62 and a beta of 2.74.
Cooper-Standard (NYSE:CPS - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The auto parts company reported ($0.68) EPS 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 Upgrades and Downgrades
Separately, StockNews.com raised Cooper-Standard from a "hold" rating to a "buy" rating in a report on Tuesday.
View Our Latest Analysis on Cooper-Standard
Cooper-Standard Company Profile
(
Free Report)
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.
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