Zacks Investment Research downgraded shares of GP Strategies Corporation (NYSE:GPX) from a hold rating to a sell rating in a report issued on Wednesday.

According to Zacks, “GP Strategies Corporation, whose operating subsidiary is General Physics Corporation, is a NYSE listed company. General Physics is a global provider of training and e-Learning solutions, management consulting, and engineering services, improving the effectiveness of organizations by customizing solutions that enhance an organization’s people, processes or technology. “

Several other equities research analysts also recently issued reports on GPX. BidaskClub downgraded shares of GP Strategies Corporation from a buy rating to a hold rating in a research report on Thursday, August 10th. B. Riley reissued a neutral rating and set a $27.00 price objective on shares of GP Strategies Corporation in a research report on Wednesday, August 2nd. TheStreet raised shares of GP Strategies Corporation from a c+ rating to a b- rating in a research report on Monday, July 31st. Barrington Research increased their price objective on shares of GP Strategies Corporation from $30.00 to $32.00 and gave the stock an outperform rating in a research report on Friday, July 28th. Finally, ValuEngine raised shares of GP Strategies Corporation from a hold rating to a buy rating in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $30.00.

GP Strategies Corporation (GPX) remained flat at $29.75 during trading on Wednesday. 32,693 shares of the company’s stock traded hands. GP Strategies Corporation has a 52 week low of $22.70 and a 52 week high of $31.25. The stock has a market cap of $497.57 million, a P/E ratio of 23.24 and a beta of 0.93. The stock’s 50 day moving average price is $29.74 and its 200 day moving average price is $27.24.

GP Strategies Corporation (NYSE:GPX) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.03. GP Strategies Corporation had a net margin of 4.27% and a return on equity of 12.56%. The company had revenue of $131.16 million during the quarter, compared to the consensus estimate of $131.20 million. During the same quarter in the prior year, the firm earned $0.29 earnings per share. The firm’s revenue was up 4.5% compared to the same quarter last year. Equities analysts expect that GP Strategies Corporation will post $1.27 earnings per share for the current fiscal year.

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In related news, VP Kenneth L. Crawford sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $28.77, for a total value of $86,310.00. Following the completion of the transaction, the vice president now owns 28,691 shares of the company’s stock, valued at $825,440.07. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider David A. Gugala sold 6,732 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $28.28, for a total transaction of $190,380.96. Following the completion of the transaction, the insider now directly owns 8,810 shares of the company’s stock, valued at approximately $249,146.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,317 shares of company stock valued at $608,101. 25.70% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in GPX. American International Group Inc. grew its position in GP Strategies Corporation by 7.0% in the first quarter. American International Group Inc. now owns 7,838 shares of the company’s stock valued at $198,000 after purchasing an additional 516 shares in the last quarter. First Interstate Bank grew its position in GP Strategies Corporation by 102.2% in the second quarter. First Interstate Bank now owns 7,785 shares of the company’s stock valued at $206,000 after purchasing an additional 3,935 shares in the last quarter. Alliancebernstein L.P. bought a new position in GP Strategies Corporation in the second quarter valued at $214,000. Susquehanna International Group LLP bought a new position in GP Strategies Corporation in the second quarter valued at $222,000. Finally, Bessemer Group Inc. grew its position in GP Strategies Corporation by 24.7% in the second quarter. Bessemer Group Inc. now owns 8,950 shares of the company’s stock valued at $236,000 after purchasing an additional 1,770 shares in the last quarter. 88.39% of the stock is owned by institutional investors and hedge funds.

About GP Strategies Corporation

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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