As Cooper Std Hldgs INC (CPS) Share Price Rose, Silver Point Capital LP Decreased Its Holding by $10.39 Million

April 16, 2018 - By Richard Conner

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 dropped, 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. Bnp Paribas Arbitrage stated it has 0% in Cooper-Standard Holdings Inc. (NYSE:CPS). Paloma Prtn Mngmt accumulated 6,041 shares. Pacad Investment, British Columbia – Canada-based fund reported 100 shares. Us Commercial Bank De owns 335 shares. Prudential Inc reported 0.06% stake. Kennedy Mngmt Inc invested 0.47% of its portfolio in Cooper-Standard Holdings Inc. (NYSE:CPS). Citadel Advsrs Limited Liability Co has 3,994 shares for 0% of their portfolio. Granite Invest Prns Ltd Limited Liability Company reported 1.04% stake. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corporation holds 0.02% or 14,230 shares in its portfolio. Blackrock Inc owns 2.10M shares for 0.01% of their portfolio. Dean Investment Assocs Limited owns 40,355 shares. Hotchkis Wiley Cap Mgmt Lc has 0% invested in Cooper-Standard Holdings Inc. (NYSE:CPS) for 10,048 shares. Northern Trust holds 313,359 shares. Opus Gp Ltd Liability Co owns 24,417 shares or 0.66% of their US portfolio. Guggenheim Capital Ltd Liability Corporation holds 0% in Cooper-Standard Holdings Inc. (NYSE:CPS) or 12,393 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 1.13 million 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. The rating was maintained by KeyBanc Capital Markets with “Hold” on Thursday, November 16. The stock of Cooper-Standard Holdings Inc. (NYSE:CPS) has “Underperform” rating given on Friday, March 2 by Bank of America. The stock has “Buy” rating by Buckingham Research on Thursday, October 19. The firm has “Buy” rating by Roth Capital given on Tuesday, January 23.

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

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