Institutional Investor Sentiment About Park Ohio Holdings Corp (NASDAQ:PKOH) Increased

June 13, 2018 - By Nellie Frank

Sentiment for Park Ohio Holdings Corp (NASDAQ:PKOH)

Park Ohio Holdings Corp (NASDAQ:PKOH) institutional sentiment increased to 1.13 in Q1 2018. Its up 0.01, from 1.12 in 2017Q4. The ratio has improved, as 43 active investment managers increased or started new stock positions, while 38 sold and decreased positions in Park Ohio Holdings Corp. The active investment managers in our partner’s database now hold: 6.92 million shares, down from 6.93 million shares in 2017Q4. Also, the number of active investment managers holding Park Ohio Holdings Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 30 Increased: 31 New Position: 12.

Park-Ohio Holdings Corp., through its subsidiaries, provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Asia, Europe, Canada, Mexico, and internationally. The company has market cap of $481.78 million. The companyÂ’s Supply Technologies segment offers Total Supply Management services, 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 technical support services, as well as provides spare parts and aftermarket products; and sources, plans, and procures production components, including fasteners, pins, valves, hoses, wire harnesses, clamps and fittings, and rubber and plastic components. It has a 16.98 P/E ratio. This segment also engineers and makes precision cold formed and cold extruded products, including locknuts, SPAC nuts, and wheel hardware.

The stock decreased 0.64% or $0.25 during the last trading session, reaching $39.05. About 6,072 shares traded. Park-Ohio Holdings Corp. (NASDAQ:PKOH) has risen 14.11% since June 13, 2017 and is uptrending. It has outperformed by 1.54% the S&P500.

Analysts await Park-Ohio Holdings Corp. (NASDAQ:PKOH) to report earnings on August, 6. They expect $0.93 EPS, up 6.90 % or $0.06 from last year’s $0.87 per share. PKOH’s profit will be $11.47M for 10.50 P/E if the $0.93 EPS becomes a reality. After $0.93 actual EPS reported by Park-Ohio Holdings Corp. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Euclidean Technologies Management Llc holds 1.67% of its portfolio in Park-Ohio Holdings Corp. for 43,531 shares. Private Management Group Inc owns 639,181 shares or 1.33% of their US portfolio. Moreover, Weber Alan W has 1.01% invested in the company for 56,820 shares. The Georgia-based Buckhead Capital Management Llc has invested 0.73% in the stock. Teton Advisors Inc., a New York-based fund reported 175,500 shares.

Since January 1, 0001, it had 0 buys, and 15 sales for $2.39 million activity.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Institutional Positions Chart

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