Trexquant Investment LP Increases Stock Holdings in Cooper-Standard Holdings Inc. $CPS

Key Points

• Trexquant Investment LP increased its stake in Cooper-Standard Holdings Inc. by 86.5%, owning approximately 0.78% of the company valued at $2.09 million after acquiring additional shares.
• Multiple institutional investors, including Nisa Investment Advisors and CWM LLC, significantly boosted their positions in the company, with institutional ownership now totaling 69.11%.
• Analysts have issued mixed ratings for Cooper-Standard, with a consensus target price of $25.50, reflecting a "Hold" rating on average, despite some recent upgrades to "strong-buy."

Trexquant Investment LP lifted its position in Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 86.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,453 shares of the auto parts company's stock after purchasing an additional 63,294 shares during the period. Trexquant Investment LP owned about 0.78% of Cooper-Standard worth $2,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in CPS. Nisa Investment Advisors LLC lifted its stake in shares of Cooper-Standard by 11,273.9% in the 1st quarter. Nisa Investment Advisors LLC now owns 2,616 shares of the auto parts company's stock valued at $40,000 after purchasing an additional 2,593 shares during the period. US Bancorp DE lifted its stake in shares of Cooper-Standard by 86.9% in the 1st quarter. US Bancorp DE now owns 4,400 shares of the auto parts company's stock valued at $67,000 after purchasing an additional 2,046 shares during the period. Harbor Capital Advisors Inc. acquired a new position in shares of Cooper-Standard in the 1st quarter valued at $74,000. CWM LLC lifted its stake in shares of Cooper-Standard by 391.9% in the 1st quarter. CWM LLC now owns 7,457 shares of the auto parts company's stock valued at $114,000 after purchasing an additional 5,941 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Cooper-Standard by 2,218.4% in the 1st quarter. GAMMA Investing LLC now owns 8,717 shares of the auto parts company's stock valued at $134,000 after purchasing an additional 8,341 shares during the period. 69.11% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CPS has been the subject of several analyst reports. Stifel Nicolaus initiated coverage on shares of Cooper-Standard in a research note on Thursday, August 21st. They issued a "buy" rating and a $39.00 target price for the company. Wall Street Zen upgraded shares of Cooper-Standard from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th. Finally, Zacks Research upgraded shares of Cooper-Standard to a "hold" rating in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $25.50.

Cooper-Standard Stock Performance

Shares of NYSE CPS traded down $0.06 during mid-day trading on Wednesday, reaching $38.84. The company's stock had a trading volume of 217,462 shares, compared to its average volume of 220,998. The stock has a 50-day moving average of $28.62 and a two-hundred day moving average of $21.67. The stock has a market capitalization of $684.68 million, a P/E ratio of 23.97 and a beta of 2.72. Cooper-Standard Holdings Inc. has a 1-year low of $10.38 and a 1-year high of $39.79.

Cooper-Standard (NYSE:CPS - Get Free Report) last issued its earnings results on Thursday, July 31st. The auto parts company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.12. The business had revenue of $705.97 million during the quarter, compared to analyst estimates of $687.00 million. Cooper-Standard has set its FY 2025 guidance at EPS.

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.