GP Strategies Corp (NYSE:GPX) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $14.63 and last traded at $14.61, with a volume of 1682 shares traded. The stock had previously closed at $15.57.

Several research analysts have recently issued reports on GPX shares. Zacks Investment Research raised GP Strategies from a “sell” rating to a “hold” rating in a research note on Thursday, July 5th. B. Riley decreased their price target on GP Strategies from $25.75 to $24.00 and set a “buy” rating for the company in a research note on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $26.00.

The company has a market capitalization of $241.58 million, a PE ratio of 11.78, a price-to-earnings-growth ratio of 0.88 and a beta of 0.78. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.12 and a quick ratio of 1.12.

GP Strategies (NYSE:GPX) last announced its earnings results on Tuesday, July 31st. The company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. GP Strategies had a return on equity of 11.06% and a net margin of 1.78%. The business had revenue of $133.69 million during the quarter, compared to analysts’ expectations of $134.50 million. On average, sell-side analysts anticipate that GP Strategies Corp will post 1.1 earnings per share for the current fiscal year.

In other news, Director Marshall S. Geller bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 27th. The stock was acquired at an average price of $16.57 per share, with a total value of $33,140.00. Following the completion of the purchase, the director now directly owns 148,254 shares of the company’s stock, valued at approximately $2,456,568.78. The acquisition was disclosed in a filing with the SEC, which is available at this link. Company insiders own 25.70% of the company’s stock.

A number of hedge funds have recently made changes to their positions in GPX. Cove Street Capital LLC boosted its stake in GP Strategies by 8.5% during the second quarter. Cove Street Capital LLC now owns 1,613,637 shares of the company’s stock valued at $28,400,000 after buying an additional 126,751 shares in the last quarter. Royce & Associates LP boosted its stake in GP Strategies by 31.2% during the second quarter. Royce & Associates LP now owns 478,758 shares of the company’s stock valued at $8,426,000 after buying an additional 113,968 shares in the last quarter. First Wilshire Securities Management Inc. boosted its stake in GP Strategies by 565.7% during the second quarter. First Wilshire Securities Management Inc. now owns 60,710 shares of the company’s stock valued at $1,068,000 after buying an additional 51,590 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in GP Strategies by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,056,073 shares of the company’s stock valued at $18,587,000 after buying an additional 49,034 shares in the last quarter. Finally, BlackRock Inc. boosted its stake in GP Strategies by 5.2% during the second quarter. BlackRock Inc. now owns 731,786 shares of the company’s stock valued at $12,881,000 after buying an additional 36,380 shares in the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

About GP Strategies (NYSE:GPX)

GP Strategies Corporation provides performance improvement and learning solutions worldwide. It operates through four segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions. The Learning Solutions segment delivers training, curriculum design and development, digital learning, system hosting, managed learning, and consulting services to electronics and semiconductors, healthcare, software, financial services, and other industries, as well as government agencies; and provides apprenticeship and vocational skills training services.

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