33,628 Shares in Cooper-Standard Holdings Inc. (NYSE:CPS) Acquired by Marshall Wace LLP

Marshall Wace LLP purchased a new position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 33,628 shares of the auto parts company's stock, valued at approximately $456,000. Marshall Wace LLP owned approximately 0.19% of Cooper-Standard at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of Cooper-Standard by 1.2% in the third quarter. Geode Capital Management LLC now owns 392,882 shares of the auto parts company's stock worth $5,450,000 after purchasing an additional 4,821 shares in the last quarter. Fiduciary Alliance LLC lifted its holdings in shares of Cooper-Standard by 9.3% during the 4th quarter. Fiduciary Alliance LLC now owns 343,892 shares of the auto parts company's stock worth $4,663,000 after acquiring an additional 29,202 shares during the period. Pacific Ridge Capital Partners LLC raised its stake in shares of 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 valued at $4,607,000 after acquiring an additional 33,631 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Cooper-Standard by 19.5% during the fourth 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. Finally, Raymond James Financial Inc. acquired a new position in Cooper-Standard in the fourth quarter valued at approximately $2,522,000. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Citigroup initiated coverage on shares of Cooper-Standard in a research note on Wednesday, April 23rd. They set a "neutral" rating and a $12.00 price objective for the company. StockNews.com raised shares of Cooper-Standard from a "hold" rating to a "buy" rating in a report on Saturday, February 22nd.

Cooper-Standard Stock Performance

NYSE:CPS traded down $0.77 during trading hours on Friday, reaching $25.13. The stock had a trading volume of 229,064 shares, compared to its average volume of 203,445. Cooper-Standard Holdings Inc. has a 12-month low of $10.38 and a 12-month high of $26.67. The stock has a 50 day simple moving average of $14.99 and a 200 day simple moving average of $14.81. The stock has a market cap of $440.98 million, a P/E ratio of -5.54 and a beta of 2.63.

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

Insider Activity

In other news, Director David John Mastrocola acquired 3,000 shares of Cooper-Standard stock in a transaction that occurred on Wednesday, February 19th. The stock was purchased at an average cost of $15.27 per share, with a total value of $45,810.00. Following the purchase, the director now owns 11,115 shares in the company, valued at $169,726.05. This trade represents a 36.97 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 8.80% of the company's stock.

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.