Cooper-Standard Holdings Inc. (NYSE:CPS) Shares Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. raised its stake in shares of Cooper-Standard Holdings Inc. (NYSE:CPS) by 61.0% during the fourth quarter, HoldingsChannel reports. The firm owned 84,067 shares of the auto parts company’s stock after purchasing an additional 31,855 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Cooper-Standard were worth $1,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in Cooper-Standard during the fourth quarter worth $269,000. Vanguard Group Inc. lifted its stake in shares of Cooper-Standard by 2.8% in the third quarter. Vanguard Group Inc. now owns 847,608 shares of the auto parts company’s stock worth $11,375,000 after buying an additional 22,891 shares in the last quarter. GSA Capital Partners LLP lifted its stake in shares of Cooper-Standard by 319.6% in the third quarter. GSA Capital Partners LLP now owns 70,602 shares of the auto parts company’s stock worth $947,000 after buying an additional 53,774 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of Cooper-Standard in the third quarter worth about $148,000. Finally, Lazard Asset Management LLC purchased a new position in shares of Cooper-Standard in the third quarter worth about $116,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

Cooper-Standard Trading Up 3.5 %

Cooper-Standard stock opened at $18.29 on Friday. Cooper-Standard Holdings Inc. has a 12-month low of $9.86 and a 12-month high of $22.74. The stock has a market cap of $316.23 million, a P/E ratio of -1.56 and a beta of 2.88. The company has a 50-day moving average price of $15.65 and a 200 day moving average price of $16.02.

Cooper-Standard (NYSE:CPS) last announced its quarterly earnings results on Thursday, February 15th. The auto parts company reported ($1.79) earnings per share for the quarter. The business had revenue of $673.64 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Cooper-Standard from a “buy” rating to a “hold” rating in a research note on Saturday, December 30th.

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.