Cooper-Standard Holdings Inc (CPS) Position Reduced by Alambic Investment Management L.P.

Alambic Investment Management L.P. lessened its stake in Cooper-Standard Holdings Inc (NYSE:CPS) by 39.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,203 shares of the auto parts company’s stock after selling 7,300 shares during the quarter. Alambic Investment Management L.P.’s holdings in Cooper-Standard were worth $1,372,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CPS. DekaBank Deutsche Girozentrale increased its position in Cooper-Standard by 78.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,139 shares of the auto parts company’s stock valued at $116,000 after purchasing an additional 500 shares during the period. Flinton Capital Management LLC increased its position in Cooper-Standard by 66.7% during the 2nd 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. increased its position in Cooper-Standard by 20.2% during the 2nd 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. Financial Sense Advisors Inc. purchased a new position in Cooper-Standard during the 3rd quarter valued at about $203,000. Finally, Dean Capital Investments Management LLC purchased a new position in Cooper-Standard during the 4th quarter valued at about $216,000. 96.32% of the stock is currently owned by institutional investors.

Cooper-Standard Holdings Inc (CPS) opened at $113.17 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.75 and a quick ratio of 1.52. Cooper-Standard Holdings Inc has a 12-month low of $95.33 and a 12-month high of $135.00. The stock has a market cap of $1,980.00, a P/E ratio of 15.46, a PEG ratio of 2.12 and a beta of 0.78.

In other news, SVP Song Min Lee sold 2,837 shares of Cooper-Standard stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $119.00, for a total value of $337,603.00. 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 legal filing with the SEC, which can be accessed through this link. Also, insider Miguel Posada Juan Fernando De sold 3,028 shares of Cooper-Standard stock in a transaction that occurred on Friday, November 10th. The stock was 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 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. Insiders own 1.10% of the company’s stock.

A number of research analysts have commented on CPS shares. Zacks Investment Research raised shares of Cooper-Standard from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Roth Capital raised their target price on shares of Cooper-Standard from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. ValuEngine raised shares of Cooper-Standard from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. KeyCorp reissued a “hold” rating on shares of Cooper-Standard in a research report on Friday, November 17th. Finally, Goldman Sachs Group downgraded shares of Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 target price on the stock. in a research report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $120.50.

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Cooper-Standard 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 (NYSE:CPS)

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