Orion Portfolio Solutions LLC Grows Holdings in Cooper-Standard Holdings Inc. (NYSE:CPS)

Orion Portfolio Solutions LLC grew its stake in shares of Cooper-Standard Holdings Inc. (NYSE:CPS) by 14.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,704 shares of the auto parts company’s stock after buying an additional 1,701 shares during the period. Orion Portfolio Solutions LLC’s holdings in Cooper-Standard were worth $190,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its position in Cooper-Standard by 7.1% during the second quarter. Bank of New York Mellon Corp now owns 99,427 shares of the auto parts company’s stock valued at $1,237,000 after purchasing an additional 6,559 shares in the last quarter. Panagora Asset Management Inc. increased its position in shares of Cooper-Standard by 36.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 77,450 shares of the auto parts company’s stock valued at $963,000 after purchasing an additional 20,758 shares during the last quarter. Rhumbline Advisers increased its position in shares of Cooper-Standard by 15.8% during 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 last quarter. Renaissance Technologies LLC raised its holdings in shares of Cooper-Standard by 12.2% during the 2nd quarter. Renaissance Technologies LLC now owns 216,800 shares of the auto parts company’s stock valued at $2,697,000 after buying an additional 23,600 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Cooper-Standard by 18.3% in the 2nd quarter. AQR Capital Management LLC now owns 119,598 shares of the auto parts company’s stock worth $1,488,000 after buying an additional 18,478 shares during the last quarter. 69.11% of the stock is owned by institutional investors.

Cooper-Standard Stock Down 1.1 %

Cooper-Standard stock opened at $13.32 on Friday. The firm has a fifty day simple moving average of $14.53 and a two-hundred day simple moving average of $13.86. Cooper-Standard Holdings Inc. has a twelve month low of $11.24 and a twelve month high of $20.82. The company has a market capitalization of $230.80 million, a PE ratio of -1.34 and a beta of 2.79.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Cooper-Standard from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th.

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.