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

Ameriprise Financial Inc. bought a new position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) in the fourth quarter, according to the company in 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 0.10% of Cooper-Standard as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new position in shares of Cooper-Standard during the 4th quarter valued at about $48,000. National Bank of Canada FI purchased a new position in Cooper-Standard during the fourth quarter valued at approximately $54,000. Quarry LP acquired a new position in Cooper-Standard in the fourth quarter valued at approximately $79,000. SG Americas Securities LLC purchased a new stake in Cooper-Standard in the 4th quarter worth approximately $107,000. Finally, Aquatic Capital Management LLC grew its stake in shares of Cooper-Standard by 336.4% during the 4th quarter. Aquatic Capital Management LLC now owns 8,728 shares of the auto parts company's stock worth $118,000 after purchasing an additional 6,728 shares during the period. Hedge funds and other institutional investors own 69.11% of the company's stock.

Cooper-Standard Price Performance

NYSE CPS traded up $0.50 during trading hours on Tuesday, reaching $22.93. The company's stock had a trading volume of 154,699 shares, compared to its average volume of 218,365. The firm has a market capitalization of $402.38 million, a price-to-earnings ratio of -5.05 and a beta of 2.87. The company's 50-day moving average is $18.44 and its two-hundred day moving average is $16.07. Cooper-Standard Holdings Inc. has a 1-year low of $10.38 and a 1-year high of $26.73.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on CPS shares. Citigroup began 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. Wall Street Zen upgraded shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research report on Saturday, February 22nd.

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.