Cooper Creek Partners Management LLC Decreased Its Stoneridge INC (SRI) Holding by $10.44 Million; Share Value Rose

Stoneridge, Inc. (NYSE:SRI) LogoInvestors sentiment increased to 0.89 in 2019 Q1. Its up 0.20, from 0.69 in 2018Q4. It improved, as 13 investors sold SRI shares while 57 reduced holdings. 24 funds opened positions while 38 raised stakes. 26.30 million shares or 0.04% less from 26.31 million shares in 2018Q4 were reported. Fort Washington Invest Advisors Inc Oh has invested 0.15% in Stoneridge, Inc. (NYSE:SRI). The New York-based Teton Advsrs Incorporated has invested 0.65% in Stoneridge, Inc. (NYSE:SRI). Ny State Common Retirement Fund has 0% invested in Stoneridge, Inc. (NYSE:SRI) for 36,450 shares. Dimensional Fund Advisors LP has 0.02% invested in Stoneridge, Inc. (NYSE:SRI). Frontier Management Co Limited Liability Company has invested 0.04% in Stoneridge, Inc. (NYSE:SRI). Acadian Asset Mngmt Lc holds 0.01% or 56,498 shares in its portfolio. Susquehanna Int Group Limited Liability Partnership reported 27,498 shares. Deroy Devereaux Private Counsel reported 473,347 shares. Parametric Assoc Ltd Liability invested in 69,007 shares. 252,500 are held by Gamco Et Al. Swiss Commercial Bank invested in 0% or 49,300 shares. Victory Cap Mngmt has 0% invested in Stoneridge, Inc. (NYSE:SRI) for 12,440 shares. 576,191 were accumulated by Jpmorgan Chase Communication. James Invest Rech owns 28,380 shares for 0.05% of their portfolio. 5,171 were reported by Legal & General Grp Inc Public Limited.

Cooper Creek Partners Management Llc decreased its stake in Stoneridge Inc (SRI) by 61.58% based on its latest 2019Q1 regulatory filing with the SEC. Cooper Creek Partners Management Llc sold 372,952 shares as the company’s stock rose 9.07% with the market. The hedge fund held 232,695 shares of the capital goods company at the end of 2019Q1, valued at $6.72M, down from 605,647 at the end of the previous reported quarter. Cooper Creek Partners Management Llc who had been investing in Stoneridge Inc for a number of months, seems to be less bullish one the $905.61M market cap company. The stock increased 1.68% or $0.52 during the last trading session, reaching $31.56. About 160,612 shares traded. Stoneridge, Inc. (NYSE:SRI) has declined 4.93% since July 14, 2018 and is downtrending. It has underperformed by 9.36% the S&P500.

Analysts await Stoneridge, Inc. (NYSE:SRI) to report earnings on August, 7. They expect $0.26 EPS, down 52.73 % or $0.29 from last year’s $0.55 per share. SRI’s profit will be $7.46 million for 30.35 P/E if the $0.26 EPS becomes a reality. After $0.44 actual EPS reported by Stoneridge, Inc. for the previous quarter, Wall Street now forecasts -40.91 % negative EPS growth.

More notable recent Stoneridge, Inc. (NYSE:SRI) news were published by: Prnewswire.com which released: “FMCSA Approves Exemption for Stoneridge, Inc.’s MirrorEyeâ„¢ Camera Monitor System – PRNewswire” on January 02, 2019, also Finance.Yahoo.com with their article: “Here’s What Hedge Funds Think About Stoneridge, Inc. (SRI) – Yahoo Finance” published on June 19, 2019, Benzinga.com published: “FMCSA Says Trucks Can Use Cameras Instead of Rear-View Mirrors – Benzinga” on December 28, 2018. More interesting news about Stoneridge, Inc. (NYSE:SRI) were released by: Streetinsider.com and their article: “Standard Motor Products (SMP) Announces Acquisition of Pollak Business of Stoneridge (SRI) for $40M – StreetInsider.com” published on April 01, 2019 as well as Finance.Yahoo.com‘s news article titled: “Don’t Sell Stoneridge, Inc. (NYSE:SRI) Before You Read This – Yahoo Finance” with publication date: May 03, 2019.

Stoneridge, Inc. (NYSE:SRI) Ratings Coverage

Among 3 analysts covering Stoneridge (NYSE:SRI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Stoneridge had 6 analyst reports since February 21, 2019 according to SRatingsIntel. As per Friday, March 1, the company rating was maintained by Stephens. The firm has “Hold” rating given on Friday, March 1 by FBR Capital. The firm earned “Buy” rating on Monday, March 4 by Barrington. The firm has “Buy” rating given on Tuesday, February 26 by Barrington.

Stoneridge, Inc. (NYSE:SRI) Institutional Positions Chart

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