Park-Ohio Holdings Corp. (NASDAQ:PKOH) shot up 6.5% on Friday . The company traded as high as $29.42 and last traded at $29.35, with a volume of 65,067 shares trading hands. The stock had previously closed at $27.55.

A number of brokerages recently weighed in on PKOH. Zacks Investment Research raised shares of Park-Ohio Holdings Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday. TheStreet cut shares of Park-Ohio Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, May 4th. Finally, FBR & Co cut shares of Park-Ohio Holdings Corp. from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $50.00 to $33.00 in a research report on Thursday, May 5th.

The company has a 50-day moving average of $29.37 and a 200 day moving average of $32.06. The company has a market capitalization of $359.44 million and a PE ratio of 9.18.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) last announced its quarterly earnings data on Friday, April 29th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.91 by $0.45. The firm had revenue of $328 million for the quarter, compared to the consensus estimate of $367.97 million. On average, equities research analysts expect that Park-Ohio Holdings Corp. will post $3.09 EPS for the current fiscal year.

In other Park-Ohio Holdings Corp. news, Director Aaron Malachi Mixon III acquired 4,000 shares of the stock in a transaction dated Monday, May 9th. The shares were bought at an average price of $25.07 per share, with a total value of $100,280.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Other hedge funds and institutional investors have recently made changes to their positions in the company. Gamco Investors INC. ET AL boosted its position in shares of Park-Ohio Holdings Corp. by 1.8% in the fourth quarter. Gamco Investors INC. ET AL now owns 889,351 shares of the company’s stock valued at $32,710,000 after buying an additional 15,850 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Park-Ohio Holdings Corp. by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 523,750 shares of the company’s stock valued at $19,263,000 after buying an additional 3,106 shares during the last quarter. Buckhead Capital Management LLC boosted its position in shares of Park-Ohio Holdings Corp. by 14.9% in the fourth quarter. Buckhead Capital Management LLC now owns 91,900 shares of the company’s stock valued at $3,380,000 after buying an additional 11,900 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of Park-Ohio Holdings Corp. during the fourth quarter valued at approximately $1,295,000. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Park-Ohio Holdings Corp. by 5.5% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 32,650 shares of the company’s stock valued at $1,201,000 after buying an additional 1,709 shares during the last quarter.

Park-Ohio Holdings Corp. is a holding company. The Company operates through the subsidiaries owned by its direct subsidiary, which is Park-Ohio Industries, Inc Park-Ohio is an industrial supply chain logistics and diversified manufacturing business operating in three segments: Supply Technologies, Assembly Components and Engineered Products.

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