Jane Street Group LLC Increases Position in Cooper-Standard Holdings Inc. (NYSE:CPS)

Jane Street Group LLC grew its holdings in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 105.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 114,147 shares of the auto parts company's stock after purchasing an additional 58,691 shares during the quarter. Jane Street Group LLC owned approximately 0.66% of Cooper-Standard worth $1,548,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Cooper-Standard during the 4th quarter valued at $2,522,000. JPMorgan Chase & Co. increased its position in shares of Cooper-Standard by 75.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 77,008 shares of the auto parts company's stock valued at $1,068,000 after purchasing an additional 33,135 shares during the last quarter. Barclays PLC increased its holdings in Cooper-Standard by 110.6% in the 3rd quarter. Barclays PLC now owns 31,013 shares of the auto parts company's stock worth $430,000 after acquiring an additional 16,284 shares during the last quarter. Pacific Ridge Capital Partners LLC increased its holdings in Cooper-Standard by 11.0% in the 4th 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. Finally, Marshall Wace LLP purchased a new stake in Cooper-Standard in the 4th quarter worth about $456,000. 69.11% of the stock is owned by hedge funds and other institutional investors.

Cooper-Standard Trading Down 0.8%

Shares of CPS traded down $0.17 during trading hours on Friday, reaching $21.97. 250,316 shares of the company's stock traded hands, compared to its average volume of 211,437. The stock has a market cap of $385.51 million, a PE ratio of -4.84 and a beta of 2.63. The firm's 50 day simple moving average is $17.15 and its 200-day simple moving average is $15.55. Cooper-Standard Holdings Inc. has a 12 month low of $10.38 and a 12 month high of $26.73.

Cooper-Standard (NYSE:CPS - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, beating 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.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen raised Cooper-Standard from a "hold" rating to a "buy" rating in a report on Saturday, February 22nd. Citigroup assumed coverage on Cooper-Standard in a report on Wednesday, April 23rd. They issued a "neutral" rating and a $12.00 price objective for the company.

About Cooper-Standard

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.