Cooper-Standard Holdings Inc. (NYSE:CPS) Position Increased by Arkadios Wealth Advisors

Arkadios Wealth Advisors lifted its position in Cooper-Standard Holdings Inc. (NYSE:CPS) by 9.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,568 shares of the auto parts company’s stock after acquiring an additional 4,043 shares during the period. Arkadios Wealth Advisors owned about 0.28% of Cooper-Standard worth $659,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. US Bancorp DE acquired a new stake in Cooper-Standard during the 3rd quarter valued at $33,000. Orion Portfolio Solutions LLC raised its position in Cooper-Standard by 14.2% during the third quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company’s stock valued at $190,000 after buying an additional 1,701 shares during the period. Rhumbline Advisers raised its position in Cooper-Standard by 15.8% during the second quarter. Rhumbline Advisers now owns 27,353 shares of the auto parts company’s stock valued at $340,000 after buying an additional 3,723 shares during the period. Barclays PLC boosted its position in Cooper-Standard by 110.6% during the 3rd quarter. Barclays PLC now owns 31,013 shares of the auto parts company’s stock worth $430,000 after acquiring an additional 16,284 shares during the period. Finally, Wolverine Asset Management LLC purchased a new position in Cooper-Standard during the 3rd quarter valued at about $574,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

Cooper-Standard Trading Up 2.9 %

NYSE CPS opened at $15.67 on Tuesday. Cooper-Standard Holdings Inc. has a 1-year low of $11.24 and a 1-year high of $19.52. The firm’s fifty day simple moving average is $14.51 and its 200-day simple moving average is $14.14. The company has a market capitalization of $271.49 million, a PE ratio of -1.58 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 for the quarter, topping the consensus estimate of ($1.18) by $0.50. The firm had revenue of $685.35 million during the quarter.

Analysts Set New Price Targets

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

Cooper-Standard Company 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.