Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 30,500 shares of Cooper-Standard Holdings stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $117.42, for a total transaction of $3,581,310.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Tuesday, October 3rd, Silver Point Capital L.P. sold 7,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.51, for a total transaction of $822,570.00.
  • On Monday, October 2nd, Silver Point Capital L.P. sold 17,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.39, for a total transaction of $1,995,630.00.
  • On Thursday, September 28th, Silver Point Capital L.P. sold 25,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.04, for a total transaction of $2,926,000.00.
  • On Wednesday, September 27th, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $116.30, for a total transaction of $3,489,000.00.
  • On Friday, September 29th, Silver Point Capital L.P. sold 62,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $116.67, for a total transaction of $7,233,540.00.
  • On Monday, July 17th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.46, for a total transaction of $1,735,360.00.
  • On Tuesday, July 18th, Silver Point Capital L.P. sold 26,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.50, for a total transaction of $2,821,000.00.
  • On Thursday, July 13th, Silver Point Capital L.P. sold 100,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.25, for a total transaction of $10,525,000.00.
  • On Wednesday, July 12th, Silver Point Capital L.P. sold 500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.76, for a total transaction of $52,880.00.
  • On Friday, July 14th, Silver Point Capital L.P. sold 110,500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.42, for a total transaction of $11,648,910.00.

Shares of Cooper-Standard Holdings Inc. (CPS) opened at 115.32 on Friday. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 14.53 and a beta of 0.77. The stock has a 50 day moving average of $106.59 and a 200 day moving average of $106.15. Cooper-Standard Holdings Inc. has a 12-month low of $82.50 and a 12-month high of $118.60.

Cooper-Standard Holdings (NYSE:CPS) last posted its quarterly earnings data on Thursday, August 3rd. The auto parts company reported $2.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.58 by $0.02. Cooper-Standard Holdings had a net margin of 4.22% and a return on equity of 26.90%. The business had revenue of $909.10 million during the quarter, compared to analyst estimates of $884.02 million. During the same quarter last year, the firm posted $2.85 earnings per share. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Analysts forecast that Cooper-Standard Holdings Inc. will post $10.70 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Suntrust Banks Inc. boosted its stake in shares of Cooper-Standard Holdings by 1.7% in the second quarter. Suntrust Banks Inc. now owns 2,889 shares of the auto parts company’s stock valued at $291,000 after purchasing an additional 49 shares during the period. CS Mckee LP boosted its stake in shares of Cooper-Standard Holdings by 0.4% in the second quarter. CS Mckee LP now owns 13,550 shares of the auto parts company’s stock valued at $1,367,000 after purchasing an additional 50 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Cooper-Standard Holdings by 1.4% in the second quarter. PNC Financial Services Group Inc. now owns 3,863 shares of the auto parts company’s stock valued at $390,000 after purchasing an additional 52 shares during the period. Municipal Employees Retirement System of Michigan boosted its stake in shares of Cooper-Standard Holdings by 1.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 6,640 shares of the auto parts company’s stock valued at $737,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System boosted its stake in shares of Cooper-Standard Holdings by 1.1% in the first quarter. Arizona State Retirement System now owns 9,200 shares of the auto parts company’s stock valued at $1,021,000 after purchasing an additional 100 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on CPS. Zacks Investment Research upgraded shares of Cooper-Standard Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 16th. BidaskClub upgraded shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine lowered shares of Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. Finally, Bank of America Corporation reiterated an “underperform” rating and set a $85.00 price objective (down previously from $94.00) on shares of Cooper-Standard Holdings in a report on Friday, June 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $106.75.

Cooper-Standard Holdings Company Profile

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

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

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