Shares of Cooper-Standard Holdings Inc. (NYSE:CPS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $89.55 and last traded at $88.88, with a volume of 190,631 shares trading hands. The stock had previously closed at $86.24.

Several analysts recently issued reports on CPS shares. KeyCorp started coverage on shares of Cooper-Standard Holdings in a research note on Thursday, March 31st. They set a “sector weight” rating for the company. Zacks Investment Research raised shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, April 19th. Jefferies Group reaffirmed a “buy” rating and set a $96.00 price objective (up previously from $83.00) on shares of Cooper-Standard Holdings in a research note on Thursday, May 5th. Goldman Sachs Group Inc. started coverage on shares of Cooper-Standard Holdings in a research note on Tuesday, June 14th. They set a “neutral” rating and a $95.00 price objective for the company. Finally, Bank of America Corp. cut shares of Cooper-Standard Holdings from a “neutral” rating to an “underperform” rating in a research note on Tuesday, June 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $93.60.

The firm’s 50 day moving average is $82.38 and its 200-day moving average is $76.54. The stock has a market capitalization of $1.53 billion and a price-to-earnings ratio of 13.58.

Cooper-Standard Holdings (NYSE:CPS) last announced its earnings results on Tuesday, May 3rd. The company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.87. The firm earned $862.50 million during the quarter, compared to analysts’ expectations of $812.55 million. Equities analysts forecast that Cooper-Standard Holdings Inc. will post $9.32 earnings per share for the current year.

A number of hedge funds recently bought and sold shares of CPS. Morgan Stanley boosted its stake in Cooper-Standard Holdings by 17.9% in the fourth quarter. Morgan Stanley now owns 22,325 shares of the company’s stock valued at $1,732,000 after buying an additional 3,387 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Cooper-Standard Holdings by 53.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 202,406 shares of the company’s stock valued at $15,705,000 after buying an additional 70,506 shares in the last quarter. Nationwide Fund Advisors boosted its stake in Cooper-Standard Holdings by 231.5% in the fourth quarter. Nationwide Fund Advisors now owns 31,155 shares of the company’s stock valued at $2,417,000 after buying an additional 21,758 shares in the last quarter. California State Teachers Retirement System boosted its stake in Cooper-Standard Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 25,202 shares of the company’s stock valued at $1,955,000 after buying an additional 400 shares in the last quarter. Finally, New Amsterdam Partners LLC NY boosted its stake in Cooper-Standard Holdings by 0.4% in the fourth quarter. New Amsterdam Partners LLC NY now owns 69,248 shares of the company’s stock valued at $5,373,000 after buying an additional 288 shares in the last quarter.

Cooper-Standard Holdings Inc is a holding company. The Company, through its subsidiaries, manufactures sealing, fuel and brake delivery, fluid transfer and anti-vibration systems components for use in passenger vehicles and light trucks. The Company operates through four segments, which include North America, Europe, South America and Asia Pacific.

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