Thrivent Financial for Lutherans Has $21.91 Million Position in Cooper-Standard Holdings Inc. (NYSE:CPS)

Thrivent Financial for Lutherans reduced its position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS) by 33.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,616,000 shares of the auto parts company’s stock after selling 826,067 shares during the period. Thrivent Financial for Lutherans owned approximately 9.32% of Cooper-Standard worth $21,913,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in CPS. SG Americas Securities LLC acquired a new stake in Cooper-Standard during the 4th quarter worth approximately $107,000. Orion Portfolio Solutions LLC lifted its holdings in Cooper-Standard by 14.2% during the 3rd 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. Gladstone Institutional Advisory LLC acquired a new stake in Cooper-Standard during the 4th quarter worth approximately $219,000. Barclays PLC lifted its holdings in Cooper-Standard by 110.6% during the 3rd quarter. Barclays PLC now owns 31,013 shares of the auto parts company’s stock worth $430,000 after purchasing an additional 16,284 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in Cooper-Standard by 9.1% during the 4th quarter. Arkadios Wealth Advisors now owns 48,568 shares of the auto parts company’s stock worth $659,000 after purchasing an additional 4,043 shares during the last quarter. 69.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Cooper-Standard from a “hold” rating to a “buy” rating in a report on Saturday, February 22nd.

Insider Buying and Selling at Cooper-Standard

In other Cooper-Standard news, Director David John Mastrocola purchased 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were bought at an average price of $15.27 per share, for a total transaction of $45,810.00. Following the purchase, the director now owns 11,115 shares in the company, valued at approximately $169,726.05. This trade represents a 36.97 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.40% of the company’s stock.

Cooper-Standard Price Performance

Shares of NYSE CPS opened at $16.98 on Friday. The stock has a market capitalization of $294.13 million, a PE ratio of -3.74 and a beta of 2.71. The business has a fifty day moving average price of $14.84 and a two-hundred day moving average price of $14.39. Cooper-Standard Holdings Inc. has a fifty-two week low of $11.24 and a fifty-two week high of $19.21.

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

About Cooper-Standard

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.