Park-Ohio Holdings Corp. (NASDAQ:PKOH) was down 3.6% on Monday . The company traded as low as $29.89 and last traded at $29.90, with a volume of 61,697 shares changing hands. The stock had previously closed at $31.01.

A number of equities research analysts have weighed in on PKOH shares. Zacks Investment Research raised Park-Ohio Holdings Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 6th. TheStreet downgraded Park-Ohio Holdings Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. Finally, FBR & Co downgraded Park-Ohio Holdings Corp. from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $50.00 to $33.00 in a report on Thursday, May 5th.

The company has a market cap of $361.49 million and a P/E ratio of 9.23. The firm’s 50 day moving average price is $29.60 and its 200-day moving average price is $31.65.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) last issued its quarterly earnings data 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 firm had revenue of $328 million for the quarter, compared to analysts’ expectations of $367.97 million. On average, analysts predict 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 Park-Ohio Holdings Corp. stock in a transaction dated Monday, May 9th. The stock was purchased at an average cost of $25.07 per share, for a total transaction of $100,280.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in 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 period. Buckhead Capital Management LLC boosted its position in 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 period. Finally, Bank of Montreal Can purchased a new position in Park-Ohio Holdings Corp. during the fourth quarter valued at $1,295,000.

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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