Cooper-Standard Holdings Inc. (NYSE:CPS) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $100.18 and last traded at $99.49, with a volume of 71,057 shares changing hands. The stock had previously closed at $98.79.

A number of brokerages recently issued reports on CPS. Seaport Global Securities began coverage on shares of Cooper-Standard Holdings in a report on Tuesday, August 9th. They set a “buy” rating and a $108.00 price objective for the company. Zacks Investment Research raised shares of Cooper-Standard Holdings from a “hold” rating to a “strong-buy” rating and set a $103.00 price target on the stock in a research note on Wednesday, August 3rd. Jefferies Group cut their price target on shares of Cooper-Standard Holdings from $105.00 to $96.00 and set a “buy” rating on the stock in a research note on Monday, August 1st. Roth Capital started coverage on shares of Cooper-Standard Holdings in a research note on Wednesday, July 6th. They issued a “buy” rating and a $105.00 price target on the stock. Finally, Bank of America Corp. lowered shares of Cooper-Standard Holdings from a “neutral” rating to an “underperform” rating in a research note on Tuesday, June 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Cooper-Standard Holdings has an average rating of “Buy” and an average price target of $99.67.

The company has a 50 day moving average price of $90.63 and a 200 day moving average price of $80.78. The firm has a market cap of $1.72 billion and a price-to-earnings ratio of 14.65.

Cooper-Standard Holdings (NYSE:CPS) last issued its quarterly earnings data on Thursday, July 28th. The company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.61. The business earned $879.30 million during the quarter, compared to the consensus estimate of $875.98 million. The company’s revenue was up 2.1% on a year-over-year basis. On average, equities research analysts forecast that Cooper-Standard Holdings Inc. will post $10.18 EPS for the current year.

In other Cooper-Standard Holdings news, insider Hill Advisors Genpar L.P. Oak sold 715,473 shares of the stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $87.01, for a total transaction of $62,253,305.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Keith Dwayne Stephenson sold 42,940 shares of the stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $98.03, for a total transaction of $4,209,408.20. Following the sale, the vice president now directly owns 31,788 shares of the company’s stock, valued at approximately $3,116,177.64. The disclosure for this sale can be found here.

A number of hedge funds have recently added to or reduced their stakes in the stock. Matarin Capital Management LLC purchased a new stake in Cooper-Standard Holdings during the fourth quarter worth $3,870,000. Marshall Wace LLP purchased a new stake in Cooper-Standard Holdings during the fourth quarter worth $1,211,000. Finally, Bank of Montreal Can increased its stake in Cooper-Standard Holdings by 504.3% in the fourth quarter. Bank of Montreal Can now owns 19,883 shares of the company’s stock worth $1,544,000 after buying an additional 16,593 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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