Park-Ohio Holdings Corp. (NASDAQ:PKOH) shares 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 changing hands. The stock had previously closed at $27.55.

A number of brokerages have recently weighed in on PKOH. TheStreet upgraded Park-Ohio Holdings Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, March 24th. FBR & Co restated a “buy” rating on shares of Park-Ohio Holdings Corp. in a research report on Friday, April 29th. Finally, Zacks Investment Research upgraded Park-Ohio Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, March 16th.

The firm has a market capitalization of $359.44 million and a PE ratio of 9.18. The company’s 50-day moving average price is $29.37 and its 200 day moving average price is $32.06.

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

In other Park-Ohio Holdings Corp. news, Director Aaron Malachi Mixon III bought 4,000 shares of the firm’s stock in a transaction that occurred on Monday, May 9th. The stock was bought at an average cost of $25.07 per share, for a total transaction of $100,280.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Several hedge funds and institutional investors have recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC increased 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 worth $1,201,000 after buying an additional 1,709 shares during the period. Bank of Montreal Can purchased a new position in shares of Park-Ohio Holdings Corp. during the fourth quarter worth $1,295,000. Buckhead Capital Management LLC increased 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 worth $3,380,000 after buying an additional 11,900 shares during the period. Dimensional Fund Advisors LP increased 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 worth $19,263,000 after buying an additional 3,106 shares during the period. Finally, Gamco Investors INC. ET AL increased 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 worth $32,710,000 after buying an additional 15,850 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.