Cooper-Standard Holdings Inc. (NYSE:CPS) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its holdings in Cooper-Standard Holdings Inc. (NYSE:CPS) by 40.9% in the third quarter, Holdings Channel reports. The fund owned 69,324 shares of the auto parts company’s stock after selling 48,008 shares during the period. GSA Capital Partners LLP’s holdings in Cooper-Standard were worth $962,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of CPS. Wolverine Asset Management LLC acquired a new stake in shares of Cooper-Standard in the third quarter valued at approximately $574,000. US Bancorp DE acquired a new stake in shares of Cooper-Standard in the 3rd quarter worth $33,000. Arkadios Wealth Advisors boosted its position in shares of Cooper-Standard by 7.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 44,525 shares of the auto parts company’s stock valued at $618,000 after acquiring an additional 3,197 shares during the last quarter. Fiduciary Alliance LLC grew its holdings in shares of 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 purchasing an additional 55,605 shares during the period. Finally, AQR Capital Management LLC increased its position in Cooper-Standard by 18.3% during the second quarter. AQR Capital Management LLC now owns 119,598 shares of the auto parts company’s stock worth $1,488,000 after purchasing an additional 18,478 shares during the last quarter. 69.11% of the stock is owned by hedge funds and other institutional investors.

Cooper-Standard Stock Down 6.6 %

CPS stock opened at $14.64 on Friday. Cooper-Standard Holdings Inc. has a 52-week low of $11.24 and a 52-week high of $20.82. The stock has a market cap of $253.71 million, a price-to-earnings ratio of -1.53 and a beta of 2.74. The business has a fifty day moving average of $13.96 and a two-hundred day moving average of $13.80.

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