Cooper-Standard Holdings Inc. $CPS Position Trimmed by Cwm LLC

Cwm LLC lessened its holdings in shares of Cooper-Standard Holdings Inc. (NYSE:CPS) by 39.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,543 shares of the auto parts company’s stock after selling 2,914 shares during the quarter. Cwm LLC’s holdings in Cooper-Standard were worth $98,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CPS. Millennium Management LLC grew its stake in Cooper-Standard by 89.9% during the 1st quarter. Millennium Management LLC now owns 311,015 shares of the auto parts company’s stock valued at $4,765,000 after acquiring an additional 147,209 shares in the last quarter. AQR Capital Management LLC grew its stake in Cooper-Standard by 1,345.8% during the 1st quarter. AQR Capital Management LLC now owns 151,530 shares of the auto parts company’s stock valued at $2,321,000 after acquiring an additional 141,049 shares in the last quarter. Walleye Capital LLC purchased a new position in Cooper-Standard during the 1st quarter valued at about $1,093,000. Fiduciary Alliance LLC grew its stake in Cooper-Standard by 15.2% during the 2nd quarter. Fiduciary Alliance LLC now owns 484,741 shares of the auto parts company’s stock valued at $10,422,000 after acquiring an additional 64,105 shares in the last quarter. Finally, Trexquant Investment LP grew its stake in Cooper-Standard by 86.5% during the 1st quarter. Trexquant Investment LP now owns 136,453 shares of the auto parts company’s stock valued at $2,090,000 after acquiring an additional 63,294 shares in the last quarter. Hedge funds and other institutional investors own 69.11% of the company’s stock.

Cooper-Standard Stock Performance

CPS opened at $30.33 on Friday. The business has a 50 day moving average price of $36.42 and a 200 day moving average price of $27.41. Cooper-Standard Holdings Inc. has a twelve month low of $10.38 and a twelve month high of $40.67. The firm has a market cap of $534.81 million, a P/E ratio of 18.72 and a beta of 2.63.

Cooper-Standard (NYSE:CPS) last posted its earnings results on Thursday, October 30th. The auto parts company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.74). The company had revenue of $695.50 million during the quarter, compared to analysts’ expectations of $698.83 million. Cooper-Standard has set its FY 2025 guidance at EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CPS shares. Wall Street Zen cut Cooper-Standard from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research raised Cooper-Standard from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Cooper-Standard in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus boosted their price target on Cooper-Standard from $39.00 to $41.00 and gave the company a “buy” rating in a research note on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $26.50.

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.