Park Ohio Holdings Corp (NASDAQ:PKOH) Quarterly Sentiment Change Report

April 17, 2018 - By Kurt Siggers

Sentiment for Park Ohio Holdings Corp (NASDAQ:PKOH)

Park Ohio Holdings Corp (NASDAQ:PKOH) institutional sentiment decreased to 1.12 in 2017 Q4. Its down -0.14, from 1.26 in 2017Q3. The ratio is negative, as 46 funds increased and started new stock positions, while 41 sold and reduced stock positions in Park Ohio Holdings Corp. The funds in our partner’s database reported: 6.93 million shares, down from 6.94 million shares in 2017Q3. Also, the number of funds 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: 33 Increased: 32 New Position: 14.

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 $476.23 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 16.78 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 increased 0.26% or $0.1 during the last trading session, reaching $38.6. About 6,066 shares traded. Park-Ohio Holdings Corp. (NASDAQ:PKOH) has risen 10.73% since April 17, 2017 and is uptrending. It has underperformed by 0.82% the S&P500.

Analysts await Park-Ohio Holdings Corp. (NASDAQ:PKOH) to report earnings on May, 14. They expect $0.80 earnings per share, up 17.65 % or $0.12 from last year’s $0.68 per share. PKOH’s profit will be $9.87M for 12.06 P/E if the $0.80 EPS becomes a reality. After $0.86 actual earnings per share reported by Park-Ohio Holdings Corp. for the previous quarter, Wall Street now forecasts -6.98 % negative EPS growth.

Euclidean Technologies Management Llc holds 1.97% of its portfolio in Park-Ohio Holdings Corp. for 43,531 shares. Private Management Group Inc owns 638,747 shares or 1.51% of their US portfolio. Moreover, Weber Alan W has 1.14% invested in the company for 56,820 shares. The Georgia-based Buckhead Capital Management Llc has invested 0.83% in the stock. Teton Advisors Inc., a New York-based fund reported 171,900 shares.#img1#

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

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