Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 500 shares of the company’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $105.76, for a total value of $52,880.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Monday, July 17th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.46, for a total value of $1,735,360.00.
  • On Tuesday, July 18th, Silver Point Capital L.P. sold 26,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.50, for a total value of $2,821,000.00.
  • On Thursday, July 13th, Silver Point Capital L.P. sold 100,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.25, for a total value of $10,525,000.00.
  • On Friday, July 14th, Silver Point Capital L.P. sold 110,500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.42, for a total value of $11,648,910.00.
  • On Friday, June 9th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $110.47, for a total value of $1,767,520.00.
  • On Friday, June 2nd, Silver Point Capital L.P. sold 20,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $110.89, for a total value of $2,217,800.00.
  • On Friday, May 26th, Silver Point Capital L.P. sold 10,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $112.66, for a total value of $1,126,600.00.
  • On Thursday, April 27th, Silver Point Capital L.P. sold 62,500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $112.88, for a total value of $7,055,000.00.
  • On Monday, April 24th, Silver Point Capital L.P. sold 43,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $109.68, for a total value of $4,716,240.00.

Cooper-Standard Holdings Inc. (NYSE CPS) opened at 102.57 on Wednesday. Cooper-Standard Holdings Inc. has a 12 month low of $82.50 and a 12 month high of $118.59. The stock’s 50 day moving average price is $102.98 and its 200 day moving average price is $107.49. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 12.89 and a beta of 0.72.

Cooper-Standard Holdings (NYSE:CPS) last issued its quarterly earnings data on Thursday, August 3rd. The auto parts company reported $2.60 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.58 by $0.02. Cooper-Standard Holdings had a return on equity of 26.90% and a net margin of 4.22%. The company had revenue of $909.10 million for the quarter, compared to analysts’ expectations of $884.02 million. During the same period in the previous year, the firm posted $2.85 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Equities research analysts anticipate that Cooper-Standard Holdings Inc. will post $10.67 earnings per share for the current fiscal year.

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Large investors have recently modified their holdings of the company. Mason Street Advisors LLC boosted its stake in shares of Cooper-Standard Holdings by 7.3% in the first quarter. Mason Street Advisors LLC now owns 4,139 shares of the auto parts company’s stock valued at $459,000 after buying an additional 281 shares during the last quarter. Capstone Asset Management Co. raised its position in shares of Cooper-Standard Holdings by 6.2% in the first quarter. Capstone Asset Management Co. now owns 5,921 shares of the auto parts company’s stock valued at $657,000 after buying an additional 347 shares during the period. State Street Corp raised its position in shares of Cooper-Standard Holdings by 9.6% in the fourth quarter. State Street Corp now owns 344,101 shares of the auto parts company’s stock valued at $35,571,000 after buying an additional 30,061 shares during the period. Ameriprise Financial Inc. raised its position in shares of Cooper-Standard Holdings by 4.9% in the first quarter. Ameriprise Financial Inc. now owns 452,525 shares of the auto parts company’s stock valued at $50,196,000 after buying an additional 20,962 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Cooper-Standard Holdings by 29.8% in the first quarter. Wells Fargo & Company MN now owns 220,521 shares of the auto parts company’s stock valued at $24,462,000 after buying an additional 50,660 shares during the period. 95.02% of the stock is currently owned by institutional investors.

A number of equities analysts have weighed in on CPS shares. ValuEngine lowered Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th. Zacks Investment Research upgraded Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. Jefferies Group LLC restated a “hold” rating and issued a $117.00 target price on shares of Cooper-Standard Holdings in a research note on Wednesday, May 3rd. BidaskClub upgraded Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Bank of America Corporation restated an “underperform” rating and issued a $85.00 target price (down from $94.00) on shares of Cooper-Standard Holdings in a research note on Friday, June 16th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $109.43.

Cooper-Standard Holdings Company Profile

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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