Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock in a transaction dated Wednesday, January 11th. The stock was sold at an average price of $108.13, for a total value of $1,730,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Tuesday, January 10th, Silver Point Capital L.P. sold 75,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $107.76, for a total value of $8,082,000.00.
  • On Thursday, January 5th, Silver Point Capital L.P. sold 60,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $106.85, for a total value of $6,411,000.00.
  • On Tuesday, December 27th, Silver Point Capital L.P. sold 35,600 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.38, for a total value of $3,751,528.00.
  • On Wednesday, December 21st, Silver Point Capital L.P. sold 12,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.06, for a total value of $1,260,720.00.
  • On Tuesday, December 20th, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $104.65, for a total value of $3,139,500.00.
  • On Monday, December 19th, Silver Point Capital L.P. sold 10,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $103.49, for a total value of $1,034,900.00.
  • On Friday, December 16th, Silver Point Capital L.P. sold 62,886 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $102.49, for a total value of $6,445,186.14.
  • On Tuesday, December 13th, Silver Point Capital L.P. sold 67,500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $104.83, for a total value of $7,076,025.00.
  • On Thursday, December 8th, Silver Point Capital L.P. sold 245,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $100.46, for a total value of $24,612,700.00.

Cooper-Standard Holdings Inc. (NYSE:CPS) opened at 105.71 on Friday. Cooper-Standard Holdings Inc. has a 1-year low of $63.01 and a 1-year high of $109.81. The firm’s 50-day moving average price is $102.61 and its 200 day moving average price is $95.62. The stock has a market cap of $1.87 billion, a PE ratio of 15.24 and a beta of 0.71.

Cooper-Standard Holdings (NYSE:CPS) last announced its quarterly earnings results on Monday, October 31st. The company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.08. Cooper-Standard Holdings had a return on equity of 30.67% and a net margin of 3.75%. The company earned $855.70 million during the quarter, compared to the consensus estimate of $828.18 million. During the same period in the prior year, the company earned $2.23 earnings per share. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. Equities research analysts expect that Cooper-Standard Holdings Inc. will post $10.33 EPS for the current year.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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A number of equities analysts recently weighed in on the company. Roth Capital set a $115.00 price target on Cooper-Standard Holdings and gave the stock a “buy” rating in a research note on Sunday, September 18th. Zacks Investment Research cut Cooper-Standard Holdings from a “hold” rating to a “strong sell” rating in a research note on Friday. Buckingham Research raised Cooper-Standard Holdings from a “neutral” rating to a “buy” rating and set a $125.00 price target on the stock in a research note on Wednesday, January 4th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $99.00 price target (up previously from $94.00) on shares of Cooper-Standard Holdings in a research note on Saturday, October 8th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. Cooper-Standard Holdings presently has a consensus rating of “Hold” and a consensus target price of $111.50.

Large investors have recently made changes to their positions in the company. BlackRock Fund Advisors increased its stake in shares of Cooper-Standard Holdings by 214.9% in the third quarter. BlackRock Fund Advisors now owns 1,149,618 shares of the company’s stock valued at $113,582,000 after buying an additional 784,553 shares during the period. JPMorgan Chase & Co. increased its position in Cooper-Standard Holdings by 731,852.4% in the second quarter. JPMorgan Chase & Co. now owns 307,420 shares of the company’s stock worth $24,283,000 after buying an additional 307,378 shares during the last quarter. Prudential Financial Inc. increased its position in Cooper-Standard Holdings by 173.5% in the third quarter. Prudential Financial Inc. now owns 483,627 shares of the company’s stock worth $47,782,000 after buying an additional 306,813 shares during the last quarter. Numeric Investors LLC increased its position in Cooper-Standard Holdings by 285.3% in the second quarter. Numeric Investors LLC now owns 389,491 shares of the company’s stock worth $30,766,000 after buying an additional 288,391 shares during the last quarter. Finally, LSV Asset Management increased its position in Cooper-Standard Holdings by 56.7% in the third quarter. LSV Asset Management now owns 618,208 shares of the company’s stock worth $61,078,000 after buying an additional 223,808 shares during the last quarter. Institutional investors own 96.58% of the company’s stock.

Cooper-Standard Holdings Company Profile

Cooper-Standard Holdings Inc is a holding company. The Company, through its subsidiaries, manufactures sealing, fuel and brake delivery, fluid transfer and anti-vibration systems components for use in passenger vehicles and light trucks. The Company operates through four segments, which include North America, Europe, South America and Asia Pacific.

5 Day Chart for NYSE:CPS

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