Algert Global Cut Its Cooper Std Hldgs (CPS) Position; Mackenzie Financial Has Increased Nike (NKE) Stake

September 18, 2017 - By Marie Mckinney

Algert Global Llc decreased Cooper Std Hldgs Inc (CPS) stake by 32.77% reported in 2016Q4 SEC filing. Algert Global Llc sold 11,790 shares as Cooper Std Hldgs Inc (CPS)’s stock declined 4.98%. The Algert Global Llc holds 24,188 shares with $2.50M value, down from 35,978 last quarter. Cooper Std Hldgs Inc now has $1.89B valuation. The stock increased 1.33% or $1.4 on September 15, reaching $106.56. About shares traded. Cooper-Standard Holdings Inc (NYSE:CPS) has risen 26.08% since September 18, 2016 and is uptrending. It has outperformed by 9.38% the S&P500.

Mackenzie Financial Corp increased Nike Inc (NKE) stake by 58.15% reported in 2016Q4 SEC filing. Mackenzie Financial Corp acquired 2.22M shares as Nike Inc (NKE)’s stock declined 8.78%. The Mackenzie Financial Corp holds 6.04M shares with $307.20M value, up from 3.82 million last quarter. Nike Inc now has $88.42 billion valuation. The stock rose 0.19% or $0.1 reaching $53.97 per share. About 2,294 shares traded. Nike Inc (NYSE:NKE) has declined 9.24% since September 18, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

Algert Global Llc increased Corvel Corp (NASDAQ:CRVL) stake by 19,350 shares to 26,334 valued at $964,000 in 2016Q4. It also upped Fairpoint Communications Inc (NASDAQ:FRP) stake by 31,405 shares and now owns 247,462 shares. Web Com Group Inc (NASDAQ:WWWW) was raised too.

Among 8 analysts covering Cooper-Standard (NYSE:CPS), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Cooper-Standard had 13 analyst reports since November 6, 2015 according to SRatingsIntel. Seaport Global initiated Cooper-Standard Holdings Inc (NYSE:CPS) on Tuesday, August 9 with “Buy” rating. The stock has “Hold” rating by Jefferies on Wednesday, October 19. Bank of America downgraded Cooper-Standard Holdings Inc (NYSE:CPS) on Tuesday, June 21 to “Underperform” rating. Jefferies maintained the shares of CPS in report on Tuesday, July 25 with “Hold” rating. Roth Capital maintained Cooper-Standard Holdings Inc (NYSE:CPS) on Monday, August 7 with “Buy” rating. The rating was upgraded by Buckingham Research to “Buy” on Wednesday, January 4. Roth Capital maintained the shares of CPS in report on Monday, June 26 with “Buy” rating. The rating was maintained by Singular Research on Friday, November 6 with “Buy”. As per Thursday, March 31, the company rating was initiated by KeyBanc Capital Markets. On Tuesday, June 14 the stock rating was initiated by Goldman Sachs with “Neutral”.

Investors sentiment decreased to 1.24 in 2016 Q4. Its down 0.14, from 1.38 in 2016Q3. It worsened, as 18 investors sold CPS shares while 62 reduced holdings. 31 funds opened positions while 69 raised stakes. 16.46 million shares or 0.35% less from 16.52 million shares in 2016Q3 were reported. 700 are held by Riverhead Capital Management Llc. Foundry Ltd Company owns 24,540 shares. Great West Life Assurance Can holds 0.01% of its portfolio in Cooper-Standard Holdings Inc (NYSE:CPS) for 22,904 shares. Dekabank Deutsche Girozentrale has invested 0% in Cooper-Standard Holdings Inc (NYSE:CPS). Rockshelter Capital Ltd Liability Company, a Pennsylvania-based fund reported 136,229 shares. 30,723 are owned by Wellington Mgmt Group Ltd Liability Partnership. Cornerstone Cap Hldgs Limited Liability Company invested in 0.03% or 38,871 shares. Comerica Financial Bank accumulated 23,058 shares. Redwood Limited Com holds 0.02% or 1,625 shares. Pnc Financial Services Gp Incorporated has 3,448 shares for 0% of their portfolio. Stifel owns 79,829 shares or 0.04% of their US portfolio. 7,100 were reported by Louisiana State Employees Retirement Sys. First Trust Lp reported 22,104 shares stake. Pacad holds 0.05% or 3,500 shares in its portfolio. Teachers Retirement Of The State Of Kentucky accumulated 6,800 shares.

Analysts await Cooper-Standard Holdings Inc (NYSE:CPS) to report earnings on October, 30. They expect $2.52 earnings per share, up 1.61% or $0.04 from last year’s $2.48 per share. CPS’s profit will be $44.70M for 10.57 P/E if the $2.52 EPS becomes a reality. After $2.60 actual earnings per share reported by Cooper-Standard Holdings Inc for the previous quarter, Wall Street now forecasts -3.08% negative EPS growth.

Among 43 analysts covering Nike Inc. (NYSE:NKE), 26 have Buy rating, 2 Sell and 15 Hold. Therefore 60% are positive. Nike Inc. had 172 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Nike Inc (NYSE:NKE) has “Hold” rating given on Friday, April 7 by Piper Jaffray. The rating was maintained by Telsey Advisory Group with “Outperform” on Monday, November 2. On Tuesday, September 22 the stock rating was maintained by Canaccord Genuity with “Hold”. The firm earned “Hold” rating on Friday, July 21 by Piper Jaffray. The firm earned “Buy” rating on Friday, September 25 by Sterne Agee CRT. The firm earned “Buy” rating on Friday, October 16 by B. Riley & Co. Sterne Agee CRT maintained the stock with “Neutral” rating in Thursday, September 17 report. The firm has “Outperform” rating by Credit Suisse given on Wednesday, September 28. As per Friday, September 25, the company rating was maintained by Credit Suisse. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, December 15.

Investors sentiment decreased to 1 in Q4 2016. Its down 0.07, from 1.07 in 2016Q3. It worsened, as 84 investors sold NKE shares while 443 reduced holdings. 112 funds opened positions while 405 raised stakes. 993.29 million shares or 0.55% less from 998.81 million shares in 2016Q3 were reported. First Finance In stated it has 27,223 shares. Ithaka Gru Ltd has 1.19% invested in Nike Inc (NYSE:NKE). 369,993 were accumulated by Hartford. Heritage Corporation holds 297,993 shares. Bokf Na reported 103,727 shares stake. Arrow Fin has 10,395 shares for 0.13% of their portfolio. Fishman Jay A Limited Mi holds 0% or 155,344 shares. 691,391 are held by Provident Trust. Beech Hill Advsrs Inc reported 1.84% stake. Moreover, Haverford Tru has 1.07% invested in Nike Inc (NYSE:NKE) for 871,488 shares. Train Babcock Advsrs Limited Liability holds 1.75% or 83,566 shares. 165,742 are owned by Janney Montgomery Scott Ltd Limited Liability Company. Moreover, Zacks Investment Mgmt has 0.17% invested in Nike Inc (NYSE:NKE). Bragg Fincl Advsrs holds 0.04% or 4,593 shares. Columbia Prns L L C Inv Management invested 0.56% of its portfolio in Nike Inc (NYSE:NKE).