Cwm LLC Has $114,000 Stake in Cooper-Standard Holdings Inc. (NYSE:CPS)

Cwm LLC lifted its position in Cooper-Standard Holdings Inc. (NYSE:CPS) by 391.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,457 shares of the auto parts company’s stock after purchasing an additional 5,941 shares during the quarter. Cwm LLC’s holdings in Cooper-Standard were worth $114,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Nisa Investment Advisors LLC raised its stake in shares of Cooper-Standard by 11,273.9% in the first quarter. Nisa Investment Advisors LLC now owns 2,616 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 2,593 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Cooper-Standard in the fourth quarter valued at $48,000. National Bank of Canada FI acquired a new position in shares of Cooper-Standard in the fourth quarter valued at $54,000. Harbor Capital Advisors Inc. acquired a new position in shares of Cooper-Standard in the first quarter valued at $74,000. Finally, Quarry LP acquired a new position in shares of Cooper-Standard in the fourth quarter valued at $79,000. 69.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen upgraded Cooper-Standard from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 26th. Citigroup assumed coverage on Cooper-Standard in a report on Wednesday, April 23rd. They set a “neutral” rating and a $12.00 price objective for the company.

Cooper-Standard Stock Performance

Shares of NYSE CPS opened at $24.34 on Thursday. The stock has a market cap of $427.17 million, a PE ratio of -9.22 and a beta of 2.79. The business has a fifty day moving average of $22.64 and a two-hundred day moving average of $18.23. Cooper-Standard Holdings Inc. has a 52-week low of $10.38 and a 52-week high of $26.73.

Cooper-Standard (NYSE:CPS) last issued its quarterly earnings data on Thursday, May 1st. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.93) by $1.12. The company had revenue of $667.07 million for the quarter, compared to the consensus estimate of $670.00 million.

Cooper-Standard Company 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.