Cooper-Standard Holdings Inc. (CPS) VP Keith Dwayne Stephenson Sells 14,000 Shares

Cooper-Standard Holdings Inc. (NYSE:CPS) VP Keith Dwayne Stephenson sold 14,000 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $105.04, for a total value of $1,470,560.00. Following the completion of the sale, the vice president now directly owns 63,584 shares of the company’s stock, valued at $6,678,863.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Cooper-Standard Holdings Inc. (NYSE:CPS) traded up 1.33% during trading on Friday, hitting $106.56. The stock had a trading volume of 512,559 shares. The stock’s 50-day moving average is $101.15 and its 200 day moving average is $106.06. Cooper-Standard Holdings Inc. has a one year low of $82.50 and a one year high of $118.59. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 13.42 and a beta of 0.73.

Cooper-Standard Holdings (NYSE:CPS) last released its earnings results on Thursday, August 3rd. The auto parts company reported $2.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.58 by $0.02. The firm had revenue of $909.10 million during the quarter, compared to analyst estimates of $884.02 million. Cooper-Standard Holdings had a return on equity of 26.90% and a net margin of 4.22%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.85 earnings per share. Equities analysts anticipate that Cooper-Standard Holdings Inc. will post $10.70 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This story was first reported by Transcript Daily and is the property of of Transcript Daily. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://transcriptdaily.com/2017/09/16/cooper-standard-holdings-inc-cps-vp-keith-dwayne-stephenson-sells-14000-shares.html.

A number of analysts have issued reports on the company. ValuEngine downgraded Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th. Zacks Investment Research raised Cooper-Standard Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 16th. BidaskClub raised Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Bank of America Corporation reaffirmed an “underperform” rating and issued a $85.00 target price (down from $94.00) on shares of Cooper-Standard Holdings in a research note on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $109.67.

A number of institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio increased its stake in Cooper-Standard Holdings by 0.4% in the second quarter. Public Employees Retirement System of Ohio now owns 32,799 shares of the auto parts company’s stock valued at $3,308,000 after purchasing an additional 136 shares during the last quarter. Verition Fund Management LLC increased its stake in Cooper-Standard Holdings by 35.4% in the second quarter. Verition Fund Management LLC now owns 3,818 shares of the auto parts company’s stock valued at $385,000 after purchasing an additional 998 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new position in Cooper-Standard Holdings in the second quarter valued at $389,000. Ameritas Investment Partners Inc. increased its stake in Cooper-Standard Holdings by 20.2% in the second quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 259 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in Cooper-Standard Holdings by 6.4% in the second quarter. California State Teachers Retirement System now owns 31,054 shares of the auto parts company’s stock valued at $3,132,000 after purchasing an additional 1,858 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

About Cooper-Standard Holdings

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 Holdings (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