Cooper-Standard Holdings Inc. (NYSE:CPS) SVP Song Min Lee sold 2,837 shares of Cooper-Standard stock in a transaction on Friday, November 17th. The shares were sold at an average price of $119.00, for a total transaction of $337,603.00. Following the completion of the transaction, the senior vice president now directly owns 12,163 shares of the company’s stock, valued at approximately $1,447,397. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Song Min Lee also recently made the following trade(s):
- On Monday, November 20th, Song Min Lee sold 4,000 shares of Cooper-Standard stock. The shares were sold at an average price of $119.00, for a total transaction of $476,000.00.
Cooper-Standard Holdings Inc. (NYSE:CPS) opened at $117.40 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.52 and a current ratio of 1.75. Cooper-Standard Holdings Inc. has a 52 week low of $95.33 and a 52 week high of $128.52. The company has a market cap of $2,070.00, a PE ratio of 11.45, a price-to-earnings-growth ratio of 2.25 and a beta of 0.85.
Cooper-Standard (NYSE:CPS) last released its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.36 by ($0.25). The company had revenue of $869.02 million during the quarter, compared to analysts’ expectations of $844.14 million. Cooper-Standard had a net margin of 3.88% and a return on equity of 24.99%. Cooper-Standard’s revenue was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $2.48 earnings per share. equities analysts predict that Cooper-Standard Holdings Inc. will post 10.84 EPS for the current fiscal year.
CPS has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Cooper-Standard from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Buckingham Research lowered their price target on shares of Cooper-Standard from $131.00 to $129.00 and set a “buy” rating on the stock in a research report on Thursday, October 19th. KeyCorp restated a “hold” rating on shares of Cooper-Standard in a research report on Friday, November 17th. Goldman Sachs Group downgraded shares of Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 target price on the stock. in a research note on Monday, October 16th. Finally, Roth Capital lifted their target price on shares of Cooper-Standard from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $117.17.
Several institutional investors have recently added to or reduced their stakes in CPS. Teachers Advisors LLC raised its stake in shares of Cooper-Standard by 5.1% in the 1st quarter. Teachers Advisors LLC now owns 25,989 shares of the auto parts company’s stock valued at $2,883,000 after acquiring an additional 1,269 shares during the period. California Public Employees Retirement System raised its stake in shares of Cooper-Standard by 16.0% in the 1st quarter. California Public Employees Retirement System now owns 13,800 shares of the auto parts company’s stock valued at $1,531,000 after acquiring an additional 1,900 shares during the period. Bank of America Corp DE raised its stake in shares of Cooper-Standard by 30.1% in the 1st quarter. Bank of America Corp DE now owns 47,748 shares of the auto parts company’s stock valued at $5,296,000 after acquiring an additional 11,036 shares during the period. State Street Corp raised its stake in shares of Cooper-Standard by 6.8% in the 1st quarter. State Street Corp now owns 367,436 shares of the auto parts company’s stock valued at $40,757,000 after acquiring an additional 23,335 shares during the period. Finally, Credit Suisse AG raised its stake in shares of Cooper-Standard by 36.2% in the 1st quarter. Credit Suisse AG now owns 40,011 shares of the auto parts company’s stock valued at $4,439,000 after acquiring an additional 10,642 shares during the period. 96.04% of the stock is currently owned by institutional investors and hedge funds.
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Cooper-Standard Company Profile
Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.
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