Arizona State Retirement System raised its stake in Cooper-Standard Holdings Inc. (NYSE:CPS) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,300 shares of the auto parts company’s stock after buying an additional 100 shares during the period. Arizona State Retirement System owned about 0.05% of Cooper-Standard Holdings worth $938,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CPS. Flinton Capital Management LLC raised its stake in Cooper-Standard Holdings by 13.8% in the first quarter. Flinton Capital Management LLC now owns 924 shares of the auto parts company’s stock valued at $103,000 after buying an additional 112 shares during the last quarter. American Century Companies Inc. raised its stake in Cooper-Standard Holdings by 43.9% in the first quarter. American Century Companies Inc. now owns 103,165 shares of the auto parts company’s stock valued at $11,444,000 after buying an additional 31,486 shares during the last quarter. First Trust Advisors LP raised its stake in Cooper-Standard Holdings by 0.5% in the first quarter. First Trust Advisors LP now owns 22,225 shares of the auto parts company’s stock valued at $2,465,000 after buying an additional 121 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Cooper-Standard Holdings by 30.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 6,002 shares of the auto parts company’s stock valued at $666,000 after buying an additional 1,393 shares during the last quarter. Finally, LSV Asset Management raised its stake in Cooper-Standard Holdings by 1.6% in the first quarter. LSV Asset Management now owns 758,519 shares of the auto parts company’s stock valued at $84,142,000 after buying an additional 11,940 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Cooper-Standard Holdings Inc. (CPS) opened at 100.62 on Thursday. Cooper-Standard Holdings Inc. has a 52 week low of $82.50 and a 52 week high of $118.59. The company has a market cap of $1.78 billion, a P/E ratio of 12.68 and a beta of 0.72. The stock has a 50 day moving average of $102.39 and a 200 day moving average of $106.87.

Cooper-Standard Holdings (NYSE:CPS) last announced its quarterly earnings results on Thursday, August 3rd. The auto parts company reported $2.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.58 by $0.02. The company had revenue of $909.10 million for the quarter, compared to analyst estimates of $884.02 million. Cooper-Standard Holdings had a net margin of 4.22% and a return on equity of 26.90%. The firm’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.85 earnings per share. On average, analysts expect that Cooper-Standard Holdings Inc. will post $10.70 earnings per share for the current year.

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Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. ValuEngine raised shares of Cooper-Standard Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 6th. Jefferies Group LLC reissued a “hold” rating and set a $117.00 price objective on shares of Cooper-Standard Holdings in a research note on Wednesday, May 3rd. BidaskClub raised shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Bank of America Corporation reissued an “underperform” rating and set a $85.00 price objective (down previously from $94.00) on shares of Cooper-Standard Holdings in a research note on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $109.67.

In other Cooper-Standard Holdings news, insider Aleksandra A. Miziolek sold 865 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $101.00, for a total value of $87,365.00. Following the transaction, the insider now directly owns 866 shares in the company, valued at $87,466. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Silver Point Capital L.P. sold 20,000 shares of the stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $110.89, for a total transaction of $2,217,800.00. The disclosure for this sale can be found here. Insiders sold 307,698 shares of company stock worth $32,790,093 over the last quarter. 1.10% of the stock is currently owned by insiders.

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.

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Institutional Ownership by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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