186,000 Shares in Cooper-Standard Holdings Inc. (NYSE:CPS) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in Cooper-Standard Holdings Inc. (NYSE:CPS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 186,000 shares of the auto parts company’s stock, valued at approximately $2,522,000. Raymond James Financial Inc. owned about 1.07% of Cooper-Standard as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CPS. Orion Portfolio Solutions LLC boosted its stake in Cooper-Standard by 14.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company’s stock valued at $190,000 after purchasing an additional 1,701 shares during the period. Stifel Financial Corp boosted its stake in shares of Cooper-Standard by 6.5% in the third quarter. Stifel Financial Corp now owns 52,909 shares of the auto parts company’s stock valued at $734,000 after buying an additional 3,206 shares during the period. Arkadios Wealth Advisors grew its position in Cooper-Standard by 9.1% during the fourth quarter. Arkadios Wealth Advisors now owns 48,568 shares of the auto parts company’s stock worth $659,000 after buying an additional 4,043 shares in the last quarter. State Street Corp grew its position in Cooper-Standard by 1.4% during the third quarter. State Street Corp now owns 349,445 shares of the auto parts company’s stock worth $4,847,000 after buying an additional 4,809 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Cooper-Standard by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 392,882 shares of the auto parts company’s stock worth $5,450,000 after acquiring an additional 4,821 shares during the period. Institutional investors and hedge funds own 69.11% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Cooper-Standard

In other Cooper-Standard news, Director David John Mastrocola bought 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average cost of $15.27 per share, with a total value of $45,810.00. Following the transaction, the director now directly owns 11,115 shares in the company, valued at $169,726.05. This trade represents a 36.97 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 5.20% of the stock is owned by insiders.

Cooper-Standard Price Performance

Shares of Cooper-Standard stock opened at $15.61 on Friday. The firm has a market capitalization of $270.51 million, a P/E ratio of -3.44 and a beta of 2.71. Cooper-Standard Holdings Inc. has a fifty-two week low of $11.24 and a fifty-two week high of $19.21. The company’s 50 day moving average price is $15.11 and its two-hundred day moving average price is $14.50.

Cooper-Standard (NYSE:CPS) last posted its quarterly earnings data on Thursday, February 13th. The auto parts company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.22).

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.