GP Strategies Corp. (NYSE:GPX) – Stock analysts at Barrington Research reduced their Q4 2016 EPS estimates for GP Strategies Corp. in a research note issued on Monday. Barrington Research analyst A. Paris. Jr now forecasts that the firm will earn $0.41 per share for the quarter, down from their prior forecast of $0.43.

GP Strategies Corp. (NYSE:GPX) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by $0.03. GP Strategies Corp. had a net margin of 3.81% and a return on equity of 12.82%. The business earned $125.50 million during the quarter, compared to analyst estimates of $127.96 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The firm’s quarterly revenue was down .2% on a year-over-year basis.

A number of other research firms have also weighed in on GPX. Zacks Investment Research lowered shares of GP Strategies Corp. from a “hold” rating to a “strong sell” rating in a report on Monday, August 1st. B. Riley reiterated a “buy” rating and issued a $26.00 price objective on shares of GP Strategies Corp. in a research note on Sunday, July 31st.

Shares of GP Strategies Corp. (NYSE:GPX) opened at 24.72 on Wednesday. The stock has a 50 day moving average of $24.06 and a 200-day moving average of $23.89. The firm has a market capitalization of $411.02 million, a P/E ratio of 22.45 and a beta of 1.41. GP Strategies Corp. has a 52-week low of $19.59 and a 52-week high of $28.59.

In related news, Director A Marvin Strait bought 1,500 shares of GP Strategies Corp. stock in a transaction dated Tuesday, August 2nd. The stock was purchased at an average cost of $22.55 per share, with a total value of $33,825.00. Following the transaction, the director now directly owns 29,933 shares of the company’s stock, valued at $674,989.15. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Samuel D. Robinson bought 9,414 shares of GP Strategies Corp. stock in a transaction dated Tuesday, September 13th. The shares were bought at an average cost of $24.45 per share, with a total value of $230,172.30. The disclosure for this purchase can be found here. 24.90% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cove Street Capital LLC increased its position in GP Strategies Corp. by 45.6% in the second quarter. Cove Street Capital LLC now owns 1,108,546 shares of the company’s stock worth $24,045,000 after buying an additional 347,003 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in GP Strategies Corp. by 2.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 59,062 shares of the company’s stock worth $1,282,000 after buying an additional 1,368 shares in the last quarter. Ativo Capital Management LLC increased its position in GP Strategies Corp. by 59.9% in the second quarter. Ativo Capital Management LLC now owns 32,485 shares of the company’s stock worth $705,000 after buying an additional 12,166 shares in the last quarter. Rhumbline Advisers increased its position in GP Strategies Corp. by 19.5% in the second quarter. Rhumbline Advisers now owns 15,447 shares of the company’s stock worth $335,000 after buying an additional 2,522 shares in the last quarter. Finally, Teachers Advisors Inc. increased its position in GP Strategies Corp. by 4.9% in the second quarter. Teachers Advisors Inc. now owns 21,414 shares of the company’s stock worth $464,000 after buying an additional 1,001 shares in the last quarter. 88.88% of the stock is owned by hedge funds and other institutional investors.

GP Strategies Corp. Company Profile

GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

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