Cooper-Standard Holdings Inc. (CPS)

Meridian Wealth Management LLC Makes New Investment in Cooper-Standard Holdings Inc. (NYSE:CPS)

Meridian Wealth Management LLC purchased a new position in shares of Cooper-Standard Holdings Inc. (NYSE:CPS – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,000 shares of the auto parts company’s stock, valued at approximately $195,000. Meridian Wealth Management LLC owned approximately 0.06% of Cooper-Standard as of its most recent filing with the Securities and Exchange Commission (SEC). Other large investors also recently modified their holdings of the company. Fiduciary Alliance LLC bought a new position in shares of Cooper-Standard during the fourth quarter valued at $1,845,000. GSA Capital Partners LLP raised its position in Cooper-Standard by 319.6% during the 3rd quarter. GSA Capital Partners LLP now owns 70,602 shares of the auto parts company’s stock worth $947,000 after purchasing an additional 53,774 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in Cooper-Standard during the 3rd quarter worth $701,000. Trexquant Investment LP lifted its holdings in Cooper-Standard by 119.6% during the 3rd quarter. Trexquant Investment LP now owns 48,199 shares of the auto parts company’s stock worth $647,000 after buying an additional 26,246 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Cooper-Standard in the 4th quarter valued at about $501,000. 69.11% of the stock is currently owned by institutional investors. Cooper-Standard Stock Performance Shares of NYSE CPS opened at $14.28 on Monday. The company’s 50 day moving average price is $15.57 and its 200-day moving average price is $16.56. Cooper-Standard Holdings Inc. has a 52-week low of $10.10 and a 52-week high of $22.74. The company has a market capitalization of $246.90 million, a P/E ratio of -2.41 and a beta of 2.87. Cooper-Standard (NYSE:CPS – Get Free Report) last released its earnings results on Thursday, February 15th. The auto parts company reported ($1.79) earnings per share (EPS) for the quarter. The company had revenue of $673.64 million for the quarter. Analysts Set New Price Targets Separately, StockNews.com raised Cooper-Standard from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Get Our Latest Research Report on CPS Cooper-Standard Profile (Free Report) 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.