Brown Advisory Inc. raised its holdings in Cooper-Standard Holdings Inc (NYSE:CPS) by 19.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,683 shares of the auto parts company’s stock after purchasing an additional 443 shares during the quarter. Brown Advisory Inc.’s holdings in Cooper-Standard were worth $328,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of the company. LSV Asset Management boosted its holdings in shares of Cooper-Standard by 3.4% in the fourth quarter. LSV Asset Management now owns 853,119 shares of the auto parts company’s stock valued at $104,507,000 after acquiring an additional 27,883 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Cooper-Standard by 3.3% during the third quarter. Dimensional Fund Advisors LP now owns 842,217 shares of the auto parts company’s stock worth $97,673,000 after buying an additional 27,070 shares in the last quarter. Rothschild Asset Management Inc. boosted its holdings in Cooper-Standard by 6.6% during the third quarter. Rothschild Asset Management Inc. now owns 349,329 shares of the auto parts company’s stock worth $40,512,000 after buying an additional 21,504 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Cooper-Standard by 10.1% during the fourth quarter. Wells Fargo & Company MN now owns 246,945 shares of the auto parts company’s stock worth $30,250,000 after buying an additional 22,753 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Cooper-Standard by 0.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 159,779 shares of the auto parts company’s stock worth $18,530,000 after buying an additional 668 shares in the last quarter. 98.67% of the stock is currently owned by institutional investors and hedge funds.
In other Cooper-Standard news, insider Miguel Posada Juan Fernando De sold 4,830 shares of the firm’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $122.49, for a total transaction of $591,626.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Aleksandra A. Miziolek sold 1,700 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $123.95, for a total transaction of $210,715.00. Following the transaction, the insider now directly owns 2,709 shares in the company, valued at approximately $335,780.55. The disclosure for this sale can be found here. 1.10% of the stock is owned by company insiders.
Cooper-Standard Holdings Inc (NYSE:CPS) traded down $0.72 during midday trading on Wednesday, reaching $121.94. 52,495 shares of the company’s stock were exchanged, compared to its average volume of 99,307. Cooper-Standard Holdings Inc has a 12-month low of $95.33 and a 12-month high of $135.00. The company has a quick ratio of 1.52, a current ratio of 1.73 and a debt-to-equity ratio of 0.85. The company has a market cap of $2,199.73, a P/E ratio of 11.08, a price-to-earnings-growth ratio of 2.21 and a beta of 0.76.
Cooper-Standard (NYSE:CPS) last issued its earnings results on Thursday, February 15th. The auto parts company reported $3.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.18 by $0.24. The company had revenue of $937.90 million for the quarter, compared to analysts’ expectations of $912.01 million. Cooper-Standard had a net margin of 3.74% and a return on equity of 25.31%. The firm’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.80 earnings per share. research analysts predict that Cooper-Standard Holdings Inc will post 11.32 EPS for the current fiscal year.
CPS has been the topic of a number of research analyst reports. Roth Capital boosted their price objective on shares of Cooper-Standard from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. KeyCorp reaffirmed a “hold” rating on shares of Cooper-Standard in a report on Friday, November 17th. Zacks Investment Research downgraded shares of Cooper-Standard from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. ValuEngine raised shares of Cooper-Standard from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 17th. Finally, Bank of America upped their price target on shares of Cooper-Standard from $85.00 to $90.00 and gave the company an “underperform” rating in a report on Friday, March 2nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $121.33.
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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