17,630 Shares in Cooper-Standard Holdings Inc. (NYSE:CPS) Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. bought a new position in Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 17,630 shares of the auto parts company's stock, valued at approximately $239,000. Ameriprise Financial Inc. owned about 0.10% of Cooper-Standard at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Jane Street Group LLC raised its position in shares of Cooper-Standard by 105.8% during the 4th quarter. Jane Street Group LLC now owns 114,147 shares of the auto parts company's stock valued at $1,548,000 after acquiring an additional 58,691 shares during the last quarter. Northern Trust Corp increased its stake in Cooper-Standard by 1.3% during the 4th quarter. Northern Trust Corp now owns 144,651 shares of the auto parts company's stock worth $1,961,000 after purchasing an additional 1,925 shares in the last quarter. Quarry LP bought a new stake in shares of Cooper-Standard during the fourth quarter worth $79,000. Aquatic Capital Management LLC increased its position in shares of Cooper-Standard by 336.4% during the fourth quarter. Aquatic Capital Management LLC now owns 8,728 shares of the auto parts company's stock worth $118,000 after acquiring an additional 6,728 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in Cooper-Standard by 26.6% during the 4th quarter. Stifel Financial Corp now owns 66,989 shares of the auto parts company's stock worth $908,000 after purchasing an additional 14,080 shares in the last quarter. Institutional investors own 69.11% of the company's stock.

Cooper-Standard Trading Up 4.0%

Shares of CPS traded up $0.84 during midday trading on Friday, reaching $21.95. The stock had a trading volume of 222,441 shares, compared to its average volume of 218,207. The firm has a 50 day simple moving average of $18.29 and a 200-day simple moving average of $15.98. Cooper-Standard Holdings Inc. has a one year low of $10.38 and a one year high of $26.73. The firm has a market cap of $385.09 million, a PE ratio of -4.83 and a beta of 2.87.

Cooper-Standard (NYSE:CPS - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The auto parts company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of ($0.93) by $1.12. The business had revenue of $667.07 million for the quarter, compared to the consensus estimate of $670.00 million.

Analyst Upgrades and Downgrades

CPS has been the subject of a number of analyst reports. Wall Street Zen upgraded Cooper-Standard from a "hold" rating to a "buy" rating in a research note on Saturday, February 22nd. Citigroup started coverage on shares of Cooper-Standard in a research note on Wednesday, April 23rd. They issued a "neutral" rating and a $12.00 target price for the company.

Cooper-Standard Profile

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.