As Cooper Std Hldgs INC (CPS) Stock Rose, Silver Point Capital LP Cut by $10.39 Million Its Position

April 16, 2018 - By Marie Mckinney

Cooper-Standard Holdings Inc. (NYSE:CPS) LogoInvestors sentiment decreased to 0.81 in Q4 2017. Its down 0.20, from 1.01 in 2017Q3. It dived, as 23 investors sold CPS shares while 80 reduced holdings. 32 funds opened positions while 51 raised stakes. 16.94 million shares or 3.22% more from 16.41 million shares in 2017Q3 were reported. Neuberger Berman Grp Incorporated Limited Co holds 0% or 6,061 shares in its portfolio. Cs Mckee LP invested in 13,550 shares or 0.12% of the stock. Rk Lc invested in 2.63% or 101,900 shares. Ameritas Invest Prns owns 1,540 shares. Tiaa Cref Management Limited Liability Company holds 0.01% or 150,999 shares. Panagora Asset Inc has invested 0.04% in Cooper-Standard Holdings Inc. (NYSE:CPS). Eulav Asset Mgmt holds 7,100 shares or 0.04% of its portfolio. Moreover, Mason Street Advsr Ltd Llc has 0.01% invested in Cooper-Standard Holdings Inc. (NYSE:CPS) for 4,104 shares. 13,400 were reported by Axa. Swiss Bancorp holds 0% or 30,200 shares in its portfolio. Foundry Limited Liability Company invested in 11,208 shares. Aperio Group Inc Llc owns 7,120 shares. Columbia Wanger Asset Limited Liability invested in 0.87% or 474,597 shares. Ameriprise Finance reported 411,101 shares. Oberweis Asset Inc invested in 1.02% or 35,581 shares.

Edward A. Mule decreased its stake in Cooper Std Hldgs Inc (CPS) by 7% based on its latest 2017Q4 regulatory filing with the SEC. Silver Point Capital Lp sold 85,126 shares as the company’s stock rose 0.07% while stock markets declined. The hedge fund run by Edward A. Mule held 1.13M shares of the o.e.m. company at the end of 2017Q4, valued at $138.52 million, down from 1.22 million at the end of the previous reported quarter. Silver Point Capital Lp who had been investing in Cooper Std Hldgs Inc for a number of months, seems to be less bullish one the $2.31 billion market cap company. The stock increased 1.84% or $2.31 during the last trading session, reaching $127.9. About 10,471 shares traded. Cooper-Standard Holdings Inc. (NYSE:CPS) has risen 11.55% since April 16, 2017 and is uptrending. It has by 0.00% the S&P500.

Analysts await Cooper-Standard Holdings Inc. (NYSE:CPS) to report earnings on May, 1. They expect $2.83 earnings per share, down 4.07 % or $0.12 from last year’s $2.95 per share. CPS’s profit will be $51.11M for 11.30 P/E if the $2.83 EPS becomes a reality. After $3.42 actual earnings per share reported by Cooper-Standard Holdings Inc. for the previous quarter, Wall Street now forecasts -17.25 % negative EPS growth.

Cooper-Standard Holdings Inc. (NYSE:CPS) Ratings Coverage

Among 4 analysts covering Cooper-Standard Holdings (NYSE:CPS), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Cooper-Standard Holdings had 4 analyst reports since October 19, 2017 according to SRatingsIntel. Buckingham Research maintained Cooper-Standard Holdings Inc. (NYSE:CPS) on Thursday, October 19 with “Buy” rating. The firm has “Hold” rating given on Thursday, November 16 by KeyBanc Capital Markets. The stock of Cooper-Standard Holdings Inc. (NYSE:CPS) has “Buy” rating given on Tuesday, January 23 by Roth Capital. The rating was maintained by Bank of America on Friday, March 2 with “Underperform”.

Cooper-Standard Holdings Inc. (NYSE:CPS) Institutional Positions Chart

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