Cooper-Standard Holdings Inc (CPS) Major Shareholder Silver Point Capital L.P. Sells 35,000 Shares

Cooper-Standard Holdings Inc (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 35,000 shares of the company’s stock in a transaction on Thursday, March 16th. The stock was sold at an average price of $114.32, for a total value of $4,001,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Tuesday, March 14th, Silver Point Capital L.P. sold 27,400 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $111.88, for a total value of $3,065,512.00.
  • On Wednesday, March 8th, Silver Point Capital L.P. sold 21,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $112.11, for a total value of $2,354,310.00.
  • On Friday, March 3rd, Silver Point Capital L.P. sold 40,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $113.11, for a total value of $4,524,400.00.
  • On Monday, February 6th, Silver Point Capital L.P. sold 801 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $106.16, for a total value of $85,034.16.
  • On Thursday, February 2nd, Silver Point Capital L.P. sold 21,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.70, for a total value of $2,219,700.00.
  • On Wednesday, January 25th, Silver Point Capital L.P. sold 45,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $106.22, for a total value of $4,779,900.00.
  • On Monday, January 23rd, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $103.64, for a total value of $3,109,200.00.
  • On Wednesday, January 11th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.13, for a total value of $1,730,080.00.
  • On Tuesday, January 10th, Silver Point Capital L.P. sold 75,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $107.76, for a total value of $8,082,000.00.
  • On Thursday, January 5th, Silver Point Capital L.P. sold 60,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $106.85, for a total value of $6,411,000.00.

Cooper-Standard Holdings Inc (NYSE:CPS) traded up 0.02% during midday trading on Monday, reaching $116.00. 58,732 shares of the company’s stock traded hands. Cooper-Standard Holdings Inc has a 1-year low of $67.65 and a 1-year high of $118.59. The firm’s 50 day moving average price is $110.06 and its 200-day moving average price is $101.82. The company has a market capitalization of $2.05 billion, a PE ratio of 15.62 and a beta of 0.70.

Cooper-Standard Holdings (NYSE:CPS) last announced its quarterly earnings results on Thursday, February 16th. The company reported $2.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.39 by $0.41. Cooper-Standard Holdings had a net margin of 3.75% and a return on equity of 30.67%. The firm had revenue of $875.40 million for the quarter, compared to analyst estimates of $832.59 million. During the same period last year, the business earned $2.32 EPS. Cooper-Standard Holdings’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts expect that Cooper-Standard Holdings Inc will post $10.77 EPS for the current year.

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

var userip;Your IP Address: document.write(userip);

A number of large investors have recently made changes to their positions in CPS. Creative Planning raised its stake in shares of Cooper-Standard Holdings by 37.8% in the third quarter. Creative Planning now owns 1,257 shares of the company’s stock valued at $124,000 after buying an additional 345 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of Cooper-Standard Holdings by 288.1% in the third quarter. Quantbot Technologies LP now owns 1,335 shares of the company’s stock valued at $131,000 after buying an additional 991 shares in the last quarter. CSS LLC IL bought a new stake in shares of Cooper-Standard Holdings during the third quarter valued at approximately $230,000. BNP Paribas Arbitrage SA raised its stake in shares of Cooper-Standard Holdings by 233.4% in the third quarter. BNP Paribas Arbitrage SA now owns 2,697 shares of the company’s stock valued at $266,000 after buying an additional 1,888 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Cooper-Standard Holdings by 38.1% in the third quarter. PNC Financial Services Group Inc. now owns 2,746 shares of the company’s stock valued at $271,000 after buying an additional 758 shares in the last quarter. Hedge funds and other institutional investors own 98.47% of the company’s stock.

Several equities analysts recently issued reports on CPS shares. Goldman Sachs Group Inc raised Cooper-Standard Holdings from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Tuesday, November 22nd. Zacks Investment Research downgraded Cooper-Standard Holdings from a “hold” rating to a “strong sell” rating in a research report on Friday, January 13th. Jefferies Group LLC upped their price target on shares of Cooper-Standard Holdings from $109.00 to $117.00 and gave the company a “hold” rating in a report on Tuesday, February 21st. Finally, Buckingham Research raised shares of Cooper-Standard Holdings from a “neutral” rating to a “buy” rating and set a $125.00 price target on the stock in a report on Wednesday, January 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Cooper-Standard Holdings presently has a consensus rating of “Hold” and an average price target of $113.50.

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.

5 Day Chart for 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

 
© 2006-2017 Mideast Time.