Opus Capital Group LLC trimmed its position in shares of Cooper-Standard Holdings Inc (NYSE:CPS) by 12.3% in the 4th quarter, HoldingsChannel reports. The firm owned 24,417 shares of the auto parts company’s stock after selling 3,431 shares during the period. Opus Capital Group LLC’s holdings in Cooper-Standard were worth $2,991,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale boosted its stake in Cooper-Standard by 78.2% during the third quarter. DekaBank Deutsche Girozentrale now owns 1,139 shares of the auto parts company’s stock worth $116,000 after buying an additional 500 shares during the last quarter. Flinton Capital Management LLC boosted its stake in Cooper-Standard by 66.7% during the second quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock worth $155,000 after buying an additional 616 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in Cooper-Standard by 20.2% during the second quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock worth $155,000 after buying an additional 259 shares during the last quarter. Financial Sense Advisors Inc. acquired a new position in Cooper-Standard during the third quarter worth $203,000. Finally, Dean Capital Investments Management LLC acquired a new position in Cooper-Standard during the fourth quarter worth $216,000. Hedge funds and other institutional investors own 96.32% of the company’s stock.
Cooper-Standard Holdings Inc (NYSE CPS) opened at $118.99 on Monday. Cooper-Standard Holdings Inc has a 12 month low of $95.33 and a 12 month high of $135.00. The company has a market capitalization of $2,085.99, a price-to-earnings ratio of 16.28, a PEG ratio of 2.12 and a beta of 0.75. The company has a quick ratio of 1.52, a current ratio of 1.75 and a debt-to-equity ratio of 0.86.
A number of research firms have weighed in on CPS. Zacks Investment Research lowered Cooper-Standard from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Buckingham Research lowered their price objective on Cooper-Standard from $131.00 to $129.00 and set a “buy” rating on the stock in a research note on Thursday, October 19th. KeyCorp reissued a “hold” rating on shares of Cooper-Standard in a research note on Friday, November 17th. Goldman Sachs Group lowered Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 price objective on the stock. in a research note on Monday, October 16th. Finally, ValuEngine raised Cooper-Standard from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Cooper-Standard currently has an average rating of “Hold” and a consensus target price of $120.50.
In other news, SVP Song Min Lee sold 4,000 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $119.00, for a total value of $476,000.00. Following the transaction, the senior vice president now owns 12,163 shares of the company’s stock, valued at approximately $1,447,397. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Miguel Posada Juan Fernando De sold 3,028 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $119.38, for a total value of $361,482.64. Following the completion of the transaction, the insider now directly owns 16,389 shares in the company, valued at approximately $1,956,518.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,450 shares of company stock worth $1,248,784. Corporate insiders own 1.10% of the company’s stock.
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Cooper-Standard 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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