Virtu Financial LLC Invests $163,000 in Cooper-Standard Holdings Inc. $CPS

Key Points

• Virtu Financial LLC acquired a new stake in Cooper-Standard Holdings Inc. valued at approximately $163,000, purchasing 10,644 shares in the first quarter.
• Cooper-Standard's stock recently reported earnings of $0.06 per share, exceeding analysts' expectations, with revenues of $705.97 million for the quarter.
• Research firms have upgraded Cooper-Standard's rating, with Wall Street Zen raising it from "buy" to "strong-buy" as of July 26th.

Virtu Financial LLC purchased a new position in Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,644 shares of the auto parts company's stock, valued at approximately $163,000. Virtu Financial LLC owned about 0.06% of Cooper-Standard at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. US Bancorp DE grew its holdings in shares of Cooper-Standard by 86.9% during 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 last quarter. Arkadios Wealth Advisors grew its holdings in shares of Cooper-Standard by 21.6% during the 1st quarter. Arkadios Wealth Advisors now owns 59,042 shares of the auto parts company's stock valued at $905,000 after purchasing an additional 10,474 shares during the last quarter. GSA Capital Partners LLP grew its holdings in shares of Cooper-Standard by 89.0% during the 1st quarter. GSA Capital Partners LLP now owns 126,242 shares of the auto parts company's stock valued at $1,934,000 after purchasing an additional 59,433 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Cooper-Standard during the 1st quarter valued at $158,000. Finally, CWM LLC grew its holdings in shares of Cooper-Standard by 391.9% during 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 last quarter. Institutional investors own 69.11% of the company's stock.

Cooper-Standard Price Performance

Cooper-Standard stock traded up $4.7130 during trading hours on Thursday, reaching $34.1930. The stock had a trading volume of 853,542 shares, compared to its average volume of 220,110. The stock has a market cap of $602.82 million, a PE ratio of 21.11 and a beta of 2.92. Cooper-Standard Holdings Inc. has a 52 week low of $10.38 and a 52 week high of $35.11. The company has a fifty day simple moving average of $24.22 and a 200-day simple moving average of $19.51.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CPS shares. Citigroup started coverage on shares of Cooper-Standard in a report on Wednesday, April 23rd. They set a "neutral" rating and a $12.00 target price on the stock. Stifel Nicolaus started coverage on shares of Cooper-Standard in a report on Thursday. They set a "buy" rating and a $39.00 target price on the stock. Finally, Wall Street Zen raised shares of Cooper-Standard from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Cooper-Standard has an average rating of "Moderate Buy" and an average target price of $25.50.

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.