Janney Montgomery Scott LLC Sells 2,835 Shares of Cooper-Standard Holdings Inc. (NYSE:CPS)

Janney Montgomery Scott LLC decreased its stake in shares of Cooper-Standard Holdings Inc. (NYSE:CPS) by 20.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,330 shares of the auto parts company’s stock after selling 2,835 shares during the period. Janney Montgomery Scott LLC owned approximately 0.07% of Cooper-Standard worth $154,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE bought a new position in Cooper-Standard in the third quarter valued at $33,000. SG Americas Securities LLC bought a new position in Cooper-Standard in the fourth quarter valued at $107,000. Orion Portfolio Solutions LLC grew its position in 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 valued at $190,000 after purchasing an additional 1,701 shares in the last quarter. Barclays PLC grew its position in Cooper-Standard by 110.6% in the third quarter. Barclays PLC now owns 31,013 shares of the auto parts company’s stock valued at $430,000 after purchasing an additional 16,284 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in Cooper-Standard in the third quarter valued at $574,000. Institutional investors own 69.11% of the company’s stock.

Cooper-Standard Price Performance

Shares of CPS stock opened at $14.92 on Friday. The stock has a market cap of $258.63 million, a P/E ratio of -1.50 and a beta of 2.78. The company has a fifty day moving average price of $14.68 and a two-hundred day moving average price of $14.35. Cooper-Standard Holdings Inc. has a one year low of $11.24 and a one year high of $19.52.

Cooper-Standard (NYSE:CPS) last announced its quarterly earnings results on Thursday, February 13th. The auto parts company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.22).

Analyst Ratings Changes

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

Cooper-Standard Company 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.