Fiduciary Alliance LLC Buys 29,202 Shares of Cooper-Standard Holdings Inc. (NYSE:CPS)

Fiduciary Alliance LLC raised its position in Cooper-Standard Holdings Inc. (NYSE:CPS) by 9.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 343,892 shares of the auto parts company’s stock after purchasing an additional 29,202 shares during the quarter. Fiduciary Alliance LLC owned 1.98% of Cooper-Standard worth $4,663,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CPS. Orion Portfolio Solutions LLC boosted its position in shares of Cooper-Standard by 14.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company’s stock worth $190,000 after purchasing an additional 1,701 shares in the last quarter. US Bancorp DE bought a new stake in shares of Cooper-Standard during the third quarter valued at approximately $33,000. Arkadios Wealth Advisors raised its position in shares of Cooper-Standard by 7.7% during the third quarter. Arkadios Wealth Advisors now owns 44,525 shares of the auto parts company’s stock worth $618,000 after purchasing an additional 3,197 shares during the period. Stifel Financial Corp lifted its holdings in shares of Cooper-Standard by 6.5% in the 3rd quarter. Stifel Financial Corp now owns 52,909 shares of the auto parts company’s stock worth $734,000 after purchasing an additional 3,206 shares in the last quarter. Finally, Rhumbline Advisers grew its position in Cooper-Standard by 15.8% in the 2nd quarter. Rhumbline Advisers now owns 27,353 shares of the auto parts company’s stock valued at $340,000 after purchasing an additional 3,723 shares during the period. 69.11% of the stock is currently owned by institutional investors.

Cooper-Standard Stock Performance

NYSE CPS traded up $0.17 during trading on Monday, hitting $13.39. 21,322 shares of the company’s stock traded hands, compared to its average volume of 148,322. The business has a 50 day moving average of $14.60 and a 200-day moving average of $14.04. Cooper-Standard Holdings Inc. has a 12-month low of $11.24 and a 12-month high of $19.52. The stock has a market capitalization of $232.01 million, a price-to-earnings ratio of -1.35 and a beta of 2.79.

Cooper-Standard (NYSE:CPS) last issued its earnings results on Thursday, October 31st. The auto parts company reported ($0.68) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.18) by $0.50. The business had revenue of $685.35 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com upgraded Cooper-Standard from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th.

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.