Shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH) have been assigned an average recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

Several analysts have commented on PKOH shares. Zacks Investment Research lowered shares of Park-Ohio from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. FBR & Co reiterated a “hold” rating on shares of Park-Ohio in a report on Thursday, October 5th. Finally, ValuEngine cut shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 9th.

In related news, Director Patrick W. Fogarty sold 13,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $47.05, for a total transaction of $635,175.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ronna Romney sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $46.41, for a total value of $139,230.00. Following the sale, the director now owns 24,478 shares of the company’s stock, valued at approximately $1,136,023.98. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 31,081 shares of company stock valued at $1,431,645. 31.00% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of PKOH. Dimensional Fund Advisors LP lifted its stake in Park-Ohio by 6.3% in the third quarter. Dimensional Fund Advisors LP now owns 762,438 shares of the industrial products company’s stock valued at $34,767,000 after buying an additional 45,070 shares during the last quarter. Vanguard Group Inc. lifted its stake in Park-Ohio by 3.8% in the second quarter. Vanguard Group Inc. now owns 380,717 shares of the industrial products company’s stock valued at $14,506,000 after buying an additional 13,983 shares during the last quarter. Blair William & Co. IL lifted its stake in Park-Ohio by 1.3% in the second quarter. Blair William & Co. IL now owns 203,192 shares of the industrial products company’s stock valued at $7,742,000 after buying an additional 2,665 shares during the last quarter. Northpointe Capital LLC lifted its stake in Park-Ohio by 42.6% in the third quarter. Northpointe Capital LLC now owns 173,362 shares of the industrial products company’s stock valued at $7,905,000 after buying an additional 51,782 shares during the last quarter. Finally, Deprince Race & Zollo Inc. lifted its stake in Park-Ohio by 14.5% in the third quarter. Deprince Race & Zollo Inc. now owns 172,575 shares of the industrial products company’s stock valued at $7,869,000 after buying an additional 21,807 shares during the last quarter. Hedge funds and other institutional investors own 55.93% of the company’s stock.

Park-Ohio (NASDAQ PKOH) opened at $41.30 on Friday. The company has a quick ratio of 1.39, a current ratio of 2.36 and a debt-to-equity ratio of 1.79. The company has a market cap of $516.58, a PE ratio of 13.83 and a beta of 3.47. Park-Ohio has a 1-year low of $34.25 and a 1-year high of $47.80.

Park-Ohio (NASDAQ:PKOH) last released its quarterly earnings data on Monday, November 6th. The industrial products company reported $0.82 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.87 by ($0.05). Park-Ohio had a return on equity of 14.79% and a net margin of 2.16%. The business had revenue of $352.20 million during the quarter, compared to analysts’ expectations of $345.17 million. research analysts predict that Park-Ohio will post 3.18 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 28th. Shareholders of record on Tuesday, November 14th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.21%. The ex-dividend date was Monday, November 13th. Park-Ohio’s dividend payout ratio is currently 21.19%.

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Park-Ohio 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.

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