Park-Ohio Holdings Corp. (NASDAQ:PKOH) General Counsel Robert D. Vilsack sold 4,581 shares of Park-Ohio Holdings Corp. stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $44.51, for a total transaction of $203,900.31. Following the sale, the general counsel now owns 103,527 shares of the company’s stock, valued at approximately $4,607,986.77. The sale was disclosed in a document filed with the SEC, which is available through this link.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) traded down 0.33% during midday trading on Friday, hitting $45.60. 24,114 shares of the stock traded hands. The firm has a market cap of $556.27 million, a P/E ratio of 17.26 and a beta of 3.42. Park-Ohio Holdings Corp. has a 12-month low of $30.01 and a 12-month high of $47.00. The company’s 50-day moving average is $39.86 and its 200 day moving average is $38.21.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) last announced its earnings results on Monday, August 7th. The industrial products company reported $0.87 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.02. The company had revenue of $350.90 million during the quarter, compared to analyst estimates of $355.83 million. Park-Ohio Holdings Corp. had a net margin of 2.50% and a return on equity of 16.90%. On average, analysts anticipate that Park-Ohio Holdings Corp. will post $3.24 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Park-Ohio Holdings Corp. by 4.9% in the first quarter. Vanguard Group Inc. now owns 366,734 shares of the industrial products company’s stock valued at $13,185,000 after purchasing an additional 17,097 shares during the period. Morgan Stanley boosted its stake in shares of Park-Ohio Holdings Corp. by 5.8% in the first quarter. Morgan Stanley now owns 47,465 shares of the industrial products company’s stock valued at $1,706,000 after purchasing an additional 2,618 shares during the period. Citadel Advisors LLC purchased a new position in shares of Park-Ohio Holdings Corp. in the first quarter valued at approximately $439,000. Royce & Associates LP boosted its stake in shares of Park-Ohio Holdings Corp. by 20.3% in the second quarter. Royce & Associates LP now owns 142,080 shares of the industrial products company’s stock valued at $5,413,000 after purchasing an additional 23,958 shares during the period. Finally, Wedge Capital Management L L P NC boosted its stake in shares of Park-Ohio Holdings Corp. by 11.2% in the second quarter. Wedge Capital Management L L P NC now owns 6,180 shares of the industrial products company’s stock valued at $235,000 after purchasing an additional 622 shares during the period. 55.12% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on PKOH shares. Zacks Investment Research lowered shares of Park-Ohio Holdings Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub upgraded shares of Park-Ohio Holdings Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. One analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Park-Ohio Holdings Corp. has a consensus rating of “Buy” and an average target price of $45.00.

Park-Ohio Holdings Corp. Company Profile

Park-Ohio Holdings Corp. is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. The Company operates in three segments: Supply Technologies, Assembly Components and Engineered Products.

Insider Buying and Selling by Quarter for Park-Ohio Holdings Corp. (NASDAQ:PKOH)

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