Park-Ohio Holdings Corp. (NASDAQ:PKOH) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $31.59 and traded as high as $30.85. Park-Ohio shares last traded at $30.64, with a volume of 135 shares trading hands.

Several research firms have recently commented on PKOH. BidaskClub raised Westport Fuel Systems from a “hold” rating to a “buy” rating in a report on Friday, July 12th. TheStreet downgraded Stitch Fix from a “c-” rating to a “d+” rating in a research note on Monday, May 6th. Finally, ValuEngine raised YY from a “sell” rating to a “hold” rating in a research note on Friday, June 7th. Two equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The company currently has an average rating of “Hold” and an average price target of $39.00.

The stock has a market capitalization of $398.29 million, a PE ratio of 7.12 and a beta of 2.28. The stock’s 50 day moving average is $31.59. The company has a quick ratio of 1.26, a current ratio of 2.27 and a debt-to-equity ratio of 1.83.

Park-Ohio (NASDAQ:PKOH) last released its quarterly earnings data on Monday, May 6th. The industrial products company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.03. Park-Ohio had a return on equity of 17.19% and a net margin of 3.29%. The firm had revenue of $420.10 million during the quarter, compared to the consensus estimate of $420.00 million. As a group, analysts anticipate that Park-Ohio Holdings Corp. will post 4.43 earnings per share for the current fiscal year.

In other news, insider Edward F. Crawford acquired 7,581 shares of the company’s stock in a transaction that occurred on Tuesday, June 11th. The stock was purchased at an average cost of $30.84 per share, with a total value of $233,798.04. Following the purchase, the insider now directly owns 1,510,295 shares of the company’s stock, valued at approximately $46,577,497.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Patrick V. Auletta sold 2,300 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $31.33, for a total value of $72,059.00. Following the completion of the transaction, the director now directly owns 17,125 shares of the company’s stock, valued at $536,526.25. The disclosure for this sale can be found here. Company insiders own 31.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Foundry Partners LLC raised its stake in Park-Ohio by 11.0% during the 2nd quarter. Foundry Partners LLC now owns 130,681 shares of the industrial products company’s stock valued at $4,259,000 after purchasing an additional 12,976 shares during the period. Denali Advisors LLC raised its stake in Park-Ohio by 227.0% during the 2nd quarter. Denali Advisors LLC now owns 12,743 shares of the industrial products company’s stock valued at $415,000 after purchasing an additional 8,846 shares during the period. Private Management Group Inc. raised its stake in Park-Ohio by 1.3% during the 1st quarter. Private Management Group Inc. now owns 681,009 shares of the industrial products company’s stock valued at $22,051,000 after purchasing an additional 8,684 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Park-Ohio during the 1st quarter valued at $277,000. Finally, Victory Capital Management Inc. raised its stake in Park-Ohio by 8.6% during the 1st quarter. Victory Capital Management Inc. now owns 29,432 shares of the industrial products company’s stock valued at $953,000 after purchasing an additional 2,332 shares during the period. 53.69% of the stock is owned by hedge funds and other institutional investors.

Park-Ohio Company Profile (NASDAQ:PKOH)

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. The company's Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, including valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products.

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