Cooper-Standard Holdings Inc. (NYSE:CPS) Shares Bought by Fiduciary Alliance LLC

Fiduciary Alliance LLC lifted its stake in Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 22.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 420,636 shares of the auto parts company's stock after purchasing an additional 76,744 shares during the period. Fiduciary Alliance LLC owned about 2.43% of Cooper-Standard worth $6,444,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Cooper-Standard in the 4th quarter valued at about $2,522,000. Pacific Ridge Capital Partners LLC lifted its stake in Cooper-Standard by 11.0% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 339,768 shares of the auto parts company's stock worth $4,607,000 after acquiring an additional 33,631 shares during the last quarter. Marshall Wace LLP purchased a new position in Cooper-Standard in the fourth quarter worth approximately $456,000. JPMorgan Chase & Co. grew its holdings in Cooper-Standard by 109.6% during the 4th quarter. JPMorgan Chase & Co. now owns 161,420 shares of the auto parts company's stock worth $2,189,000 after acquiring an additional 84,412 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Cooper-Standard by 19.5% in the 4th quarter. Renaissance Technologies LLC now owns 338,000 shares of the auto parts company's stock valued at $4,583,000 after purchasing an additional 55,100 shares during the last quarter. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Cooper-Standard Trading Up 0.2%

NYSE:CPS traded up $0.05 during midday trading on Thursday, hitting $21.18. 44,764 shares of the company were exchanged, compared to its average volume of 216,595. Cooper-Standard Holdings Inc. has a fifty-two week low of $10.38 and a fifty-two week high of $26.73. The company has a market capitalization of $371.70 million, a PE ratio of -4.67 and a beta of 2.63. The company has a fifty day simple moving average of $18.04 and a 200 day simple moving average of $15.88.

Cooper-Standard (NYSE:CPS - Get Free Report) last posted its 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 firm had revenue of $667.07 million for the quarter, compared to analyst estimates of $670.00 million.

Cooper-Standard Company 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.