PharVision Advisers LLC Takes $296,000 Position in Cooper-Standard Holdings Inc. (NYSE:CPS)

PharVision Advisers LLC acquired a new stake 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 (SEC). The firm acquired 21,838 shares of the auto parts company’s stock, valued at approximately $296,000. PharVision Advisers LLC owned 0.13% of Cooper-Standard as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bridgeway Capital Management LLC raised its position in shares of Cooper-Standard by 2.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 33,300 shares of the auto parts company’s stock worth $452,000 after acquiring an additional 800 shares in the last quarter. Invesco Ltd. raised its holdings in Cooper-Standard by 1.3% in the fourth quarter. Invesco Ltd. now owns 117,403 shares of the auto parts company’s stock worth $1,592,000 after purchasing an additional 1,466 shares in the last quarter. Northern Trust Corp lifted its position in shares of Cooper-Standard by 1.3% during the fourth quarter. Northern Trust Corp now owns 144,651 shares of the auto parts company’s stock valued at $1,961,000 after buying an additional 1,925 shares during the last quarter. Barclays PLC boosted its holdings in shares of Cooper-Standard by 10.3% in the 4th quarter. Barclays PLC now owns 34,217 shares of the auto parts company’s stock valued at $464,000 after buying an additional 3,204 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Cooper-Standard by 44.3% during the 4th quarter. Deutsche Bank AG now owns 11,108 shares of the auto parts company’s stock worth $151,000 after acquiring an additional 3,409 shares in the last quarter. Institutional investors own 69.11% of the company’s stock.

Cooper-Standard Stock Down 6.5%

CPS opened at $22.10 on Thursday. The company has a market cap of $387.72 million, a P/E ratio of -4.87 and a beta of 2.63. The firm’s 50-day moving average price is $16.84 and its 200-day moving average price is $15.45. Cooper-Standard Holdings Inc. has a 52-week low of $10.38 and a 52-week high of $26.73.

Cooper-Standard (NYSE:CPS) last issued its quarterly earnings results on Thursday, May 1st. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.93) by $1.12. The company had revenue of $667.07 million for the quarter, compared to analyst estimates of $670.00 million.

Analyst Ratings Changes

Several equities analysts have issued reports on CPS shares. StockNews.com raised shares of Cooper-Standard from a “hold” rating to a “buy” rating in a report on Saturday, February 22nd. Citigroup started coverage on Cooper-Standard in a research note on Wednesday, April 23rd. They set a “neutral” rating and a $12.00 target price on the stock.

About Cooper-Standard

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.