Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 16,000 shares of the business’s stock in a transaction dated Wednesday, January 11th. The stock was sold at an average price of $108.13, for a total value of $1,730,080.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Tuesday, January 10th, Silver Point Capital L.P. sold 75,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $107.76, for a total value of $8,082,000.00.
  • On Thursday, January 5th, Silver Point Capital L.P. sold 60,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $106.85, for a total value of $6,411,000.00.
  • On Tuesday, December 27th, Silver Point Capital L.P. sold 35,600 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.38, for a total value of $3,751,528.00.
  • On Wednesday, December 21st, Silver Point Capital L.P. sold 12,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.06, for a total value of $1,260,720.00.
  • On Tuesday, December 20th, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $104.65, for a total value of $3,139,500.00.
  • On Monday, December 19th, Silver Point Capital L.P. sold 10,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $103.49, for a total value of $1,034,900.00.
  • On Friday, December 16th, Silver Point Capital L.P. sold 62,886 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $102.49, for a total value of $6,445,186.14.
  • On Tuesday, December 13th, Silver Point Capital L.P. sold 67,500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $104.83, for a total value of $7,076,025.00.
  • On Thursday, December 8th, Silver Point Capital L.P. sold 245,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $100.46, for a total value of $24,612,700.00.

Shares of Cooper-Standard Holdings Inc. (NYSE:CPS) opened at 105.71 on Friday. Cooper-Standard Holdings Inc. has a 1-year low of $63.01 and a 1-year high of $109.81. The stock has a market cap of $1.87 billion, a PE ratio of 15.24 and a beta of 0.71. The company’s 50-day moving average price is $102.61 and its 200 day moving average price is $95.62.

Cooper-Standard Holdings (NYSE:CPS) last released its quarterly earnings data on Monday, October 31st. The company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.08. The company had revenue of $855.70 million for the quarter, compared to the consensus estimate of $828.18 million. Cooper-Standard Holdings had a return on equity of 30.67% and a net margin of 3.75%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $2.23 EPS. Equities analysts forecast that Cooper-Standard Holdings Inc. will post $10.33 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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Several equities research analysts recently weighed in on the company. Roth Capital set a $115.00 target price on Cooper-Standard Holdings and gave the stock a “buy” rating in a research note on Sunday, September 18th. Zacks Investment Research upgraded Cooper-Standard Holdings from a “hold” rating to a “buy” rating and set a $109.00 target price for the company in a research note on Tuesday, December 6th. Finally, Goldman Sachs Group, Inc. (The) upgraded Cooper-Standard Holdings from a “neutral” rating to a “buy” rating and set a $100.00 target price for the company in a research note on Tuesday, November 22nd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $111.50.

Several institutional investors have recently added to or reduced their stakes in CPS. Piedmont Investment Advisors LLC purchased a new position in Cooper-Standard Holdings during the third quarter worth approximately $578,000. Cornerstone Capital Management Holdings LLC. increased its position in Cooper-Standard Holdings by 72.8% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 29,900 shares of the company’s stock worth $2,953,000 after buying an additional 12,600 shares during the period. Credit Suisse AG increased its position in Cooper-Standard Holdings by 91.7% in the third quarter. Credit Suisse AG now owns 43,540 shares of the company’s stock worth $4,301,000 after buying an additional 20,824 shares during the period. Panagora Asset Management Inc. increased its position in Cooper-Standard Holdings by 187.4% in the third quarter. Panagora Asset Management Inc. now owns 17,269 shares of the company’s stock worth $1,706,000 after buying an additional 11,260 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new position in Cooper-Standard Holdings during the third quarter worth approximately $938,000. Institutional investors own 96.58% of the company’s stock.

Cooper-Standard Holdings Company Profile

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.

5 Day Chart for NYSE:CPS

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