Trexquant Investment LP Raises Stock Position in Cooper-Standard Holdings Inc. (NYSE:CPS)

Trexquant Investment LP raised its position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS - Free Report) by 281.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,159 shares of the auto parts company's stock after acquiring an additional 54,002 shares during the period. Trexquant Investment LP owned approximately 0.42% of Cooper-Standard worth $992,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of Cooper-Standard during the fourth quarter valued at approximately $48,000. National Bank of Canada FI purchased a new stake in shares of Cooper-Standard in the 4th quarter worth approximately $54,000. SG Americas Securities LLC bought a new position in Cooper-Standard in the fourth quarter worth approximately $107,000. Orion Portfolio Solutions LLC lifted its holdings in Cooper-Standard by 14.2% during the third quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company's stock worth $190,000 after buying an additional 1,701 shares during the period. Finally, Gladstone Institutional Advisory LLC bought a new position in shares of Cooper-Standard in the 4th quarter worth $219,000. 69.11% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director David John Mastrocola acquired 3,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were acquired at an average price of $15.27 per share, for a total transaction of $45,810.00. Following the transaction, the director now owns 11,115 shares in the company, valued at approximately $169,726.05. This trade represents a 36.97 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.20% of the company's stock.

Cooper-Standard Stock Performance

NYSE:CPS traded down $0.78 during mid-day trading on Wednesday, hitting $11.95. 83,530 shares of the company's stock traded hands, compared to its average volume of 170,991. The company has a market capitalization of $207.04 million, a P/E ratio of -2.62 and a beta of 2.55. The company has a fifty day moving average of $14.38 and a 200 day moving average of $14.44. Cooper-Standard Holdings Inc. has a twelve month low of $10.38 and a twelve month high of $17.76.

Cooper-Standard (NYSE:CPS - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The auto parts company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.22).

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research note on Saturday, February 22nd.

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.