Cooper-Standard Holdings Inc. (NYSE:CPS) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its position in Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 33.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,616,000 shares of the auto parts company's stock after selling 826,067 shares during the quarter. Thrivent Financial for Lutherans owned approximately 9.32% of Cooper-Standard worth $21,913,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CPS. SG Americas Securities LLC bought a new position in shares of Cooper-Standard during the 4th quarter worth $107,000. Orion Portfolio Solutions LLC grew its holdings in Cooper-Standard by 14.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company's stock worth $190,000 after acquiring an additional 1,701 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in Cooper-Standard during the 4th quarter valued at about $219,000. Barclays PLC raised its holdings in shares of Cooper-Standard by 110.6% in the 3rd quarter. Barclays PLC now owns 31,013 shares of the auto parts company's stock valued at $430,000 after purchasing an additional 16,284 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of Cooper-Standard by 9.1% in the 4th quarter. Arkadios Wealth Advisors now owns 48,568 shares of the auto parts company's stock worth $659,000 after purchasing an additional 4,043 shares during the period. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

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Cooper-Standard Stock Up 1.1 %

Shares of NYSE CPS traded up $0.19 during mid-day trading on Tuesday, reaching $17.55. 269,662 shares of the company were exchanged, compared to its average volume of 148,299. Cooper-Standard Holdings Inc. has a 1 year low of $11.24 and a 1 year high of $19.21. The firm has a 50-day moving average of $14.98 and a 200 day moving average of $14.41. The stock has a market cap of $304.09 million, a price-to-earnings ratio of -3.87 and a beta of 2.71.

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

Insiders Place Their Bets

In other Cooper-Standard news, Director David John Mastrocola purchased 3,000 shares of the company's stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average price of $15.27 per share, for a total transaction of $45,810.00. Following the completion of the purchase, the director now owns 11,115 shares of the company's stock, valued at approximately $169,726.05. The trade was a 36.97 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.20% of the company's stock.

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.