Fiduciary Alliance LLC Increases Stake in Cooper-Standard Holdings Inc. (NYSE:CPS)

Fiduciary Alliance LLC increased its holdings in Cooper-Standard Holdings Inc. (NYSE:CPSFree Report) by 21.5% in the third quarter, Holdings Channel.com reports. The firm owned 314,690 shares of the auto parts company’s stock after acquiring an additional 55,605 shares during the period. Fiduciary Alliance LLC’s holdings in Cooper-Standard were worth $4,365,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. NorthRock Partners LLC increased its stake in shares of Cooper-Standard by 100.0% in the 1st quarter. NorthRock Partners LLC now owns 72,000 shares of the auto parts company’s stock worth $1,192,000 after acquiring an additional 36,000 shares in the last quarter. Vanguard Group Inc. raised its holdings in Cooper-Standard by 3.9% in the first quarter. Vanguard Group Inc. now owns 905,185 shares of the auto parts company’s stock worth $14,990,000 after buying an additional 33,598 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Cooper-Standard by 12.2% in the second quarter. Renaissance Technologies LLC now owns 216,800 shares of the auto parts company’s stock worth $2,697,000 after buying an additional 23,600 shares during the last quarter. Panagora Asset Management Inc. raised its holdings in Cooper-Standard by 36.6% in the second quarter. Panagora Asset Management Inc. now owns 77,450 shares of the auto parts company’s stock worth $963,000 after buying an additional 20,758 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in Cooper-Standard by 18.3% in the second quarter. AQR Capital Management LLC now owns 119,598 shares of the auto parts company’s stock worth $1,488,000 after buying an additional 18,478 shares during the last quarter. Hedge funds and other institutional investors own 69.11% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Cooper-Standard from a “buy” rating to a “hold” rating in a report on Saturday, August 10th.

View Our Latest Analysis on Cooper-Standard

Cooper-Standard Trading Down 1.9 %

NYSE:CPS traded down $0.25 during trading hours on Monday, reaching $12.99. The company had a trading volume of 29,810 shares, compared to its average volume of 133,441. Cooper-Standard Holdings Inc. has a 52 week low of $11.24 and a 52 week high of $20.82. The firm has a market cap of $224.60 million, a price-to-earnings ratio of -2.23 and a beta of 2.72. The firm’s 50 day moving average price is $13.96 and its 200-day moving average price is $14.08.

Cooper-Standard (NYSE:CPSGet Free Report) last issued its quarterly earnings data on Thursday, August 1st. The auto parts company reported ($0.64) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.09) by $1.45. The business had revenue of $708.36 million for the quarter.

About Cooper-Standard

(Free Report)

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.

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

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