Cooper-Standard Holdings Inc. (CPS) SVP Song Min Lee Sells 2,837 Shares

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.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/12/08/cooper-standard-holdings-inc-cps-svp-song-min-lee-sells-2837-shares-of-stock.html.

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.

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

Receive News & Ratings for Cooper-Standard Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cooper-Standard Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply