Jane Street Group LLC Buys 31,437 Shares of Cooper-Standard Holdings Inc. (NYSE:CPS)

Jane Street Group LLC lifted its stake in Cooper-Standard Holdings Inc. (NYSE:CPS) by 130.9% in the third quarter, HoldingsChannel.com reports. The firm owned 55,456 shares of the auto parts company’s stock after purchasing an additional 31,437 shares during the quarter. Jane Street Group LLC’s holdings in Cooper-Standard were worth $769,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its holdings in Cooper-Standard by 7.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 99,427 shares of the auto parts company’s stock worth $1,237,000 after purchasing an additional 6,559 shares during the last quarter. Rhumbline Advisers grew 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 worth $340,000 after buying an additional 3,723 shares during the period. Renaissance Technologies LLC raised its stake in shares of Cooper-Standard by 12.2% during the second quarter. Renaissance Technologies LLC now owns 216,800 shares of the auto parts company’s stock worth $2,697,000 after buying an additional 23,600 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Cooper-Standard by 18.3% in the second quarter. AQR Capital Management LLC now owns 119,598 shares of the auto parts company’s stock valued at $1,488,000 after buying an additional 18,478 shares during the period. Finally, Fiduciary Alliance LLC boosted its stake in Cooper-Standard by 21.5% in the third quarter. Fiduciary Alliance LLC now owns 314,690 shares of the auto parts company’s stock valued at $4,365,000 after acquiring an additional 55,605 shares during the last quarter. Institutional investors own 69.11% of the company’s stock.

Wall Street Analyst Weigh In

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

Cooper-Standard Trading Down 1.0 %

NYSE CPS opened at $13.43 on Friday. Cooper-Standard Holdings Inc. has a 12 month low of $11.24 and a 12 month high of $19.52. The company has a market capitalization of $232.70 million, a PE ratio of -1.35 and a beta of 2.79. The stock has a 50-day simple moving average of $14.61 and a 200 day simple moving average of $13.94.

Cooper-Standard (NYSE:CPS) last announced its quarterly 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 firm had revenue of $685.35 million during the quarter.

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.