Shares of GP Strategies Corporation (NYSE:GPX) have been given a consensus rating of “Buy” by the six brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $30.00.

Several brokerages have recently issued reports on GPX. BidaskClub raised GP Strategies Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. B. Riley reaffirmed a “neutral” rating and issued a $27.00 price target on shares of GP Strategies Corporation in a research report on Friday, July 28th. Zacks Investment Research raised GP Strategies Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. TheStreet raised GP Strategies Corporation from a “c+” rating to a “b-” rating in a research report on Monday, July 31st. Finally, ValuEngine raised GP Strategies Corporation from a “hold” rating to a “buy” rating in a research report on Friday, July 28th.

Shares of GP Strategies Corporation (NYSE GPX) traded up 1.94% on Friday, reaching $28.90. The company had a trading volume of 63,907 shares. GP Strategies Corporation has a 52-week low of $22.70 and a 52-week high of $30.00. The firm has a market capitalization of $483.35 million, a PE ratio of 22.58 and a beta of 0.90. The company has a 50-day moving average price of $28.34 and a 200-day moving average price of $26.15.

GP Strategies Corporation (NYSE:GPX) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.03. The company had revenue of $131.16 million for the quarter, compared to the consensus estimate of $131.20 million. GP Strategies Corporation had a return on equity of 12.56% and a net margin of 4.27%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $0.29 earnings per share. Equities research analysts forecast that GP Strategies Corporation will post $1.31 EPS for the current fiscal year.

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In related news, VP Kenneth L. Crawford sold 3,000 shares of GP Strategies Corporation stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $28.77, for a total transaction of $86,310.00. Following the sale, the vice president now directly owns 28,691 shares of the company’s stock, valued at $825,440.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Marshall S. Geller sold 3,894 shares of GP Strategies Corporation stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $28.64, for a total value of $111,524.16. Following the sale, the director now directly owns 141,051 shares in the company, valued at $4,039,700.64. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,317 shares of company stock worth $608,101. 25.70% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Nationwide Fund Advisors grew its position in GP Strategies Corporation by 1.1% during the first quarter. Nationwide Fund Advisors now owns 15,894 shares of the company’s stock worth $402,000 after buying an additional 175 shares in the last quarter. Falcon Point Capital LLC grew its position in GP Strategies Corporation by 0.5% during the second quarter. Falcon Point Capital LLC now owns 40,817 shares of the company’s stock worth $1,078,000 after buying an additional 204 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in GP Strategies Corporation by 2.3% during the second quarter. The Manufacturers Life Insurance Company now owns 10,091 shares of the company’s stock worth $267,000 after buying an additional 225 shares in the last quarter. Rhumbline Advisers grew its position in GP Strategies Corporation by 1.7% during the second quarter. Rhumbline Advisers now owns 15,204 shares of the company’s stock worth $401,000 after buying an additional 255 shares in the last quarter. Finally, American International Group Inc. grew its position in GP Strategies Corporation by 7.0% during the first quarter. American International Group Inc. now owns 7,838 shares of the company’s stock worth $198,000 after buying an additional 516 shares in the last quarter. 88.39% of the stock is currently owned by institutional investors and hedge funds.

GP Strategies Corporation Company Profile

GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

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