Barclays PLC Buys 16,284 Shares of Cooper-Standard Holdings Inc. (NYSE:CPS)

Barclays PLC boosted its stake in Cooper-Standard Holdings Inc. (NYSE:CPS) by 110.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,013 shares of the auto parts company’s stock after buying an additional 16,284 shares during the quarter. Barclays PLC owned approximately 0.18% of Cooper-Standard worth $430,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CPS. US Bancorp DE bought a new position in shares of Cooper-Standard during the third quarter valued at about $33,000. Orion Portfolio Solutions LLC boosted 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 worth $190,000 after purchasing an additional 1,701 shares during the last quarter. Rhumbline Advisers grew its stake in Cooper-Standard by 15.8% in the 2nd quarter. Rhumbline Advisers now owns 27,353 shares of the auto parts company’s stock valued at $340,000 after purchasing an additional 3,723 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Cooper-Standard during the 3rd quarter worth $574,000. Finally, Arkadios Wealth Advisors grew its position in Cooper-Standard by 7.7% during the third 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 during the period. 69.11% of the stock is currently owned by institutional investors.

Cooper-Standard Price Performance

Shares of NYSE CPS opened at $15.67 on Friday. The stock has a market capitalization of $271.49 million, a PE ratio of -1.58 and a beta of 2.79. Cooper-Standard Holdings Inc. has a one year low of $11.24 and a one year high of $19.52. The business’s fifty day moving average price is $14.51 and its 200-day moving average price is $14.12.

Cooper-Standard (NYSE:CPS) last released 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 business had revenue of $685.35 million for the quarter.

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.