Vaughan Nelson Investment Management L.P. purchased a new position in shares of Cooper-Standard Holdings Inc (NYSE:CPS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 146,750 shares of the auto parts company’s stock, valued at approximately $17,977,000.

A number of other institutional investors also recently added to or reduced their stakes in CPS. Suntrust Banks Inc. increased its holdings in Cooper-Standard by 1.7% during the 2nd quarter. Suntrust Banks Inc. now owns 2,889 shares of the auto parts company’s stock worth $291,000 after purchasing an additional 49 shares during the last quarter. CS Mckee LP increased its holdings in Cooper-Standard by 0.4% during the 2nd quarter. CS Mckee LP now owns 13,550 shares of the auto parts company’s stock worth $1,367,000 after purchasing an additional 50 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Cooper-Standard by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,863 shares of the auto parts company’s stock worth $390,000 after purchasing an additional 52 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in Cooper-Standard by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 32,799 shares of the auto parts company’s stock worth $3,308,000 after purchasing an additional 136 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its holdings in Cooper-Standard by 20.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock worth $155,000 after purchasing an additional 259 shares during the last quarter. 95.60% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have issued reports on CPS. Roth Capital lifted their price objective on Cooper-Standard from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. ValuEngine upgraded Cooper-Standard from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. KeyCorp restated a “hold” rating on shares of Cooper-Standard in a report on Friday, November 17th. Zacks Investment Research upgraded Cooper-Standard from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Finally, Buckingham Research dropped their price objective on Cooper-Standard from $131.00 to $129.00 and set a “buy” rating on the stock in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $120.50.

Shares of Cooper-Standard Holdings Inc (CPS) opened at $130.95 on Monday. Cooper-Standard Holdings Inc has a twelve month low of $95.33 and a twelve month high of $135.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.75 and a quick ratio of 1.52. The firm has a market capitalization of $2,295.66, a P/E ratio of 12.52, a PEG ratio of 2.33 and a beta of 0.80.

Cooper-Standard (NYSE:CPS) last issued its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.36 by ($0.25). Cooper-Standard had a net margin of 3.88% and a return on equity of 24.99%. The firm had revenue of $869.02 million during the quarter, compared to the consensus estimate of $844.14 million. During the same quarter last year, the firm posted $2.48 earnings per share. Cooper-Standard’s revenue was up 1.6% compared to the same quarter last year. sell-side analysts predict that Cooper-Standard Holdings Inc will post 10.83 earnings per share for the current fiscal year.

In related news, SVP Song Min Lee sold 4,000 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $119.00, for a total transaction of $476,000.00. Following the completion of the transaction, the senior vice president now directly owns 12,163 shares in the company, valued at approximately $1,447,397. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Miguel Posada Juan Fernando De sold 3,028 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $119.38, for a total value of $361,482.64. Following the transaction, the insider now owns 16,389 shares of the company’s stock, valued at $1,956,518.82. The disclosure for this sale can be found here. Insiders sold a total of 10,450 shares of company stock valued at $1,248,784 over the last quarter. Company insiders own 1.10% of the company’s stock.

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Cooper-Standard 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.

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Institutional Ownership by Quarter for Cooper-Standard (NYSE:CPS)

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