Barclays PLC Raises Holdings in Cooper-Standard Holdings Inc. (NYSE:CPS)

Barclays PLC increased its position in Cooper-Standard Holdings Inc. (NYSE:CPS) by 110.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,013 shares of the auto parts company’s stock after acquiring an additional 16,284 shares during the quarter. Barclays PLC’s holdings in Cooper-Standard were worth $430,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Orion Portfolio Solutions LLC increased its stake in shares of Cooper-Standard by 14.2% in the third quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company’s stock worth $190,000 after purchasing an additional 1,701 shares in the last quarter. US Bancorp DE bought a new position in Cooper-Standard in the 3rd quarter worth approximately $33,000. Arkadios Wealth Advisors grew its stake in Cooper-Standard by 7.7% in the 3rd quarter. Arkadios Wealth Advisors now owns 44,525 shares of the auto parts company’s stock valued at $618,000 after buying an additional 3,197 shares in the last quarter. Stifel Financial Corp raised its holdings in Cooper-Standard by 6.5% during the 3rd quarter. Stifel Financial Corp now owns 52,909 shares of the auto parts company’s stock valued at $734,000 after acquiring an additional 3,206 shares during the period. Finally, Rhumbline Advisers raised its holdings in Cooper-Standard by 15.8% during the 2nd quarter. Rhumbline Advisers now owns 27,353 shares of the auto parts company’s stock valued at $340,000 after acquiring an additional 3,723 shares during the period. 69.11% of the stock is currently owned by institutional investors.

Cooper-Standard Stock Up 1.5 %

CPS stock opened at $13.63 on Friday. The stock has a 50-day simple moving average of $14.61 and a two-hundred day simple moving average of $13.95. Cooper-Standard Holdings Inc. has a twelve month low of $11.24 and a twelve month high of $19.52. The firm has a market capitalization of $236.17 million, a PE ratio of -1.37 and a beta of 2.79.

Cooper-Standard (NYSE:CPS) last issued its quarterly earnings data on Thursday, October 31st. The auto parts company reported ($0.68) EPS for the quarter, beating the consensus estimate of ($1.18) by $0.50. The firm had revenue of $685.35 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Cooper-Standard from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th.

Cooper-Standard Profile

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.