Pacific Ridge Capital Partners LLC Boosts Holdings in Cooper-Standard Holdings Inc. (NYSE:CPS)

Pacific Ridge Capital Partners LLC boosted its position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 339,768 shares of the auto parts company's stock after buying an additional 33,631 shares during the quarter. Pacific Ridge Capital Partners LLC owned approximately 1.96% of Cooper-Standard worth $4,607,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CPS. Raymond James Financial Inc. acquired a new position in Cooper-Standard during the fourth quarter worth about $2,522,000. JPMorgan Chase & Co. grew its position in shares of Cooper-Standard by 109.6% in the fourth quarter. JPMorgan Chase & Co. now owns 161,420 shares of the auto parts company's stock valued at $2,189,000 after purchasing an additional 84,412 shares in the last quarter. Jane Street Group LLC lifted its position in Cooper-Standard by 130.9% during the third quarter. Jane Street Group LLC now owns 55,456 shares of the auto parts company's stock worth $769,000 after buying an additional 31,437 shares in the last quarter. Fiduciary Alliance LLC boosted its stake in Cooper-Standard by 9.3% during the fourth quarter. Fiduciary Alliance LLC now owns 343,892 shares of the auto parts company's stock worth $4,663,000 after buying an additional 29,202 shares during the last quarter. Finally, FMR LLC grew its holdings in Cooper-Standard by 25.4% in the 3rd quarter. FMR LLC now owns 144,232 shares of the auto parts company's stock valued at $2,000,000 after buying an additional 29,198 shares in the last quarter. Institutional investors and hedge funds own 69.11% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research report on Saturday, February 22nd.

Insider Buying and Selling

In other Cooper-Standard news, Director David John Mastrocola purchased 3,000 shares of the business's stock in a transaction on Wednesday, February 19th. The shares were bought at an average cost of $15.27 per share, for a total transaction of $45,810.00. Following the completion of the purchase, the director now directly owns 11,115 shares in the company, valued at approximately $169,726.05. This represents a 36.97 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.20% of the stock is owned by corporate insiders.

Cooper-Standard Stock Down 0.4 %

CPS stock traded down $0.07 during mid-day trading on Monday, hitting $15.50. 88,819 shares of the company were exchanged, compared to its average volume of 154,059. The business has a fifty day simple moving average of $15.11 and a 200-day simple moving average of $14.51. The firm has a market capitalization of $268.60 million, a P/E ratio of -3.41 and a beta of 2.71. Cooper-Standard Holdings Inc. has a 12-month low of $11.24 and a 12-month high of $19.21.

Cooper-Standard (NYSE:CPS - Get Free Report) last announced its earnings results on Thursday, February 13th. The auto parts company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.22).

About Cooper-Standard

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.