Aperio Group LLC Has $619,000 Position in Cooper-Standard Holdings Inc. (CPS)

Aperio Group LLC lifted its position in Cooper-Standard Holdings Inc. (NYSE:CPS) by 21.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,335 shares of the auto parts company’s stock after purchasing an additional 949 shares during the quarter. Aperio Group LLC’s holdings in Cooper-Standard Holdings were worth $619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Riverhead Capital Management LLC grew its holdings in shares of Cooper-Standard Holdings by 79.0% in the second quarter. Riverhead Capital Management LLC now owns 1,432 shares of the auto parts company’s stock valued at $144,000 after purchasing an additional 632 shares during the period. First Mercantile Trust Co. purchased a new stake in shares of Cooper-Standard Holdings in the second quarter valued at about $146,000. Flinton Capital Management LLC grew its holdings in shares of Cooper-Standard Holdings by 66.7% in the second quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 616 shares during the period. Ameritas Investment Partners Inc. grew its holdings in shares of Cooper-Standard Holdings by 20.2% in the second quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 259 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Cooper-Standard Holdings by 15.9% in the second quarter. Victory Capital Management Inc. now owns 1,621 shares of the auto parts company’s stock valued at $164,000 after purchasing an additional 222 shares during the period. 97.93% of the stock is owned by hedge funds and other institutional investors.

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CPS has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Cooper-Standard Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 16th. Goldman Sachs Group, Inc. (The) lowered shares of Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 price objective for the company. in a report on Monday, October 16th. Buckingham Research dropped their price objective on shares of Cooper-Standard Holdings from $131.00 to $129.00 and set a “buy” rating for the company in a report on Thursday, October 19th. Roth Capital upped their price objective on shares of Cooper-Standard Holdings from $125.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Finally, KeyCorp reissued a “hold” rating on shares of Cooper-Standard Holdings in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $117.17.

In other Cooper-Standard Holdings news, insider Miguel Posada Juan Fernando De sold 3,028 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $119.38, for a total transaction of $361,482.64. Following the completion of the transaction, the insider now owns 16,389 shares of the company’s stock, valued at $1,956,518.82. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Keith Dwayne Stephenson sold 14,000 shares of the stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $105.04, for a total transaction of $1,470,560.00. Following the transaction, the vice president now directly owns 63,584 shares of the company’s stock, valued at approximately $6,678,863.36. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 209,365 shares of company stock valued at $24,273,426. 1.10% of the stock is currently owned by insiders.

Cooper-Standard Holdings Inc. (NYSE:CPS) opened at $122.62 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.52 and a current ratio of 1.75. The firm has a market cap of $2,148.40, a PE ratio of 11.72, a price-to-earnings-growth ratio of 2.32 and a beta of 0.74. Cooper-Standard Holdings Inc. has a 12 month low of $94.63 and a 12 month high of $123.28.

Cooper-Standard Holdings (NYSE:CPS) last announced its earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.36 by ($0.25). The company had revenue of $869.02 million for the quarter, compared to analysts’ expectations of $844.14 million. Cooper-Standard Holdings had a return on equity of 24.99% and a net margin of 3.88%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the business earned $2.48 EPS. equities analysts forecast that Cooper-Standard Holdings Inc. will post 10.75 EPS for the current year.

Cooper-Standard Holdings Company Profile

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

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Institutional Ownership by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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