Song Min Lee Sells 2,837 Shares of Cooper-Standard Holdings Inc. (CPS) Stock
Cooper-Standard Holdings Inc. (NYSE:CPS) SVP Song Min Lee sold 2,837 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $119.00, for a total value of $337,603.00. Following the transaction, the senior vice president now directly owns 12,163 shares in the company, valued at $1,447,397. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Song Min Lee also recently made the following trade(s):
- On Monday, November 20th, Song Min Lee sold 4,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $119.00, for a total value of $476,000.00.
Cooper-Standard Holdings Inc. (NYSE CPS) traded up $0.07 during trading hours on Thursday, reaching $122.62. The company had a trading volume of 75,200 shares, compared to its average volume of 125,462. The firm has a market capitalization of $2,148.40, a price-to-earnings ratio of 11.72, a P/E/G ratio of 2.32 and a beta of 0.74. Cooper-Standard Holdings Inc. has a 1 year low of $94.63 and a 1 year high of $123.28. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 0.86.
Cooper-Standard Holdings (NYSE:CPS) last released its earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.36 by ($0.25). The firm had revenue of $869.02 million for the quarter, compared to analyst estimates of $844.14 million. Cooper-Standard Holdings had a return on equity of 24.99% and a net margin of 3.88%. Cooper-Standard Holdings’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.48 earnings per share. equities analysts anticipate that Cooper-Standard Holdings Inc. will post 10.75 earnings per share for the current fiscal year.
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A number of brokerages have recently commented on CPS. Zacks Investment Research raised Cooper-Standard Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 16th. KeyCorp reaffirmed a “hold” rating on shares of Cooper-Standard Holdings in a report on Friday, November 17th. Goldman Sachs Group, Inc. (The) lowered Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 target price on the stock. in a report on Monday, October 16th. Roth Capital lifted their target price on Cooper-Standard Holdings from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Finally, Buckingham Research lowered their target price on Cooper-Standard Holdings from $131.00 to $129.00 and set a “buy” rating on the stock in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Cooper-Standard Holdings currently has a consensus rating of “Hold” and an average price target of $117.17.
A number of large investors have recently added to or reduced their stakes in CPS. Public Employees Retirement System of Ohio increased its stake in Cooper-Standard Holdings by 54.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 50,623 shares of the auto parts company’s stock worth $5,871,000 after purchasing an additional 17,824 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Cooper-Standard Holdings in the 3rd quarter worth about $1,102,000. Dean Investment Associates LLC purchased a new position in Cooper-Standard Holdings in the 3rd quarter worth about $5,953,000. California Public Employees Retirement System increased its stake in Cooper-Standard Holdings by 4.0% in the 3rd quarter. California Public Employees Retirement System now owns 14,865 shares of the auto parts company’s stock worth $1,724,000 after purchasing an additional 565 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Cooper-Standard Holdings in the 3rd quarter worth about $240,000. 97.93% of the stock is currently owned by hedge funds and other institutional investors.
About Cooper-Standard Holdings
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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