Cooper-Standard Holdings Inc (CPS) : Kalos Management added new position in Cooper-Standard Holdings Inc during the most recent quarter end. The investment management firm now holds 3,812 shares of Cooper-Standard Holdings Inc which is valued at $340,373 , the company said in a statement filed on Aug 1, 2016 with the SEC.Cooper-Standard Holdings Inc makes up approximately 0.26% of Kalos Management’s portfolio.
Other Hedge Funds, Including , California State Teachers Retirement System boosted its stake in CPS in the latest quarter, The investment management firm added 2,236 additional shares and now holds a total of 31,096 shares of Cooper-Standard Holdings Inc which is valued at $2,776,562. Cooper-Standard Holdings Inc makes up approx 0.01% of California State Teachers Retirement System’s portfolio. Capital Fund Management S.a. sold out all of its stake in CPS during the most recent quarter. The investment firm sold 14,800 shares of CPS which is valued $1,325,340.Lucus Advisors reduced its stake in CPS by selling 2,634 shares or 37.08% in the most recent quarter. The Hedge Fund company now holds 4,469 shares of CPS which is valued at $400,199. Cooper-Standard Holdings Inc makes up approx 0.31% of Lucus Advisors’s portfolio.Alps Advisors Inc reduced its stake in CPS by selling 392 shares or 6.81% in the most recent quarter. The Hedge Fund company now holds 5,365 shares of CPS which is valued at $480,436. Creative Planning added CPS to its portfolio by purchasing 912 company shares during the most recent quarter which is valued at $75,751.
Cooper-Standard Holdings Inc opened for trading at $89.11 and hit $90.415 on the upside on Thursday, eventually ending the session at $89.85, with a gain of 0.63% or 0.56 points. The heightened volatility saw the trading volume jump to 1,96,663 shares. Company has a market cap of $1,555 M.
On the company’s financial health, Cooper-Standard Holdings Inc reported $2.85 EPS for the quarter, beating the analyst consensus estimate by $ 0.50 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $2.35. The company had revenue of $879.30 million for the quarter, compared to analysts expectations of $875.98 million. The company’s revenue was up 2.1% compared to the same quarter last year.
Many Wall Street Analysts have commented on Cooper-Standard Holdings Inc. Cooper-Standard Holdings Inc was Downgraded by BofA/Merrill to ” Underperform” on Jun 21, 2016. Cooper-Standard Holdings Inc was Initiated by Goldman to “Neutral” on Jun 14, 2016.
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 subsystems and modules for use in passenger vehicles and light trucks. The Company operates in four segments: North America Europe South America and Asia Pacific. The Company’s principal products within each of these segments are sealing systems fuel and brake delivery systems fluid transfer systems and anti-vibration systems. The Company’s sealing systems protect vehicle interiors from weather dust and noise intrusion for improved driving experience. Its fuel and brake delivery systems sense deliver and control fluids to fuel and brake systems. Its fluid transfer systems sense deliver and control fluid and vapors for optimal powertrain & HVAC operation. Its anti-vibration systems control and isolate noise and vibration in the vehicle to improve ride and handling.