GP Strategies Corp (GPX) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in shares of GP Strategies Corp (NYSE:GPX) by 2.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,120,417 shares of the company’s stock after acquiring an additional 28,556 shares during the period. Dimensional Fund Advisors LP owned approximately 6.76% of GP Strategies worth $14,129,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of GP Strategies by 2.3% in the 4th quarter. BlackRock Inc. now owns 753,873 shares of the company’s stock valued at $9,508,000 after purchasing an additional 17,253 shares in the last quarter. Royce & Associates LP raised its position in shares of GP Strategies by 12.6% in the 4th quarter. Royce & Associates LP now owns 733,739 shares of the company’s stock valued at $9,252,000 after purchasing an additional 81,981 shares in the last quarter. Vanguard Group Inc raised its position in shares of GP Strategies by 0.8% in the 3rd quarter. Vanguard Group Inc now owns 676,469 shares of the company’s stock valued at $11,398,000 after purchasing an additional 5,420 shares in the last quarter. Vanguard Group Inc. raised its position in shares of GP Strategies by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 676,469 shares of the company’s stock valued at $11,398,000 after purchasing an additional 5,420 shares in the last quarter. Finally, AlphaOne Investment Services LLC raised its position in shares of GP Strategies by 7.4% in the 4th quarter. AlphaOne Investment Services LLC now owns 245,302 shares of the company’s stock valued at $3,093,000 after purchasing an additional 16,961 shares in the last quarter. 88.85% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have issued reports on GPX. Zacks Investment Research lowered GP Strategies from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. B. Riley set a $19.00 target price on GP Strategies and gave the company a “buy” rating in a research report on Tuesday, March 19th. Finally, ValuEngine raised GP Strategies from a “strong sell” rating to a “sell” rating in a research report on Friday.

Shares of GPX stock traded up $2.55 on Friday, hitting $15.60. 287,966 shares of the stock traded hands, compared to its average volume of 32,852. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.62. The firm has a market cap of $260.36 million, a P/E ratio of 17.33, a P/E/G ratio of 0.80 and a beta of 0.88. GP Strategies Corp has a 1-year low of $11.77 and a 1-year high of $20.25.

GP Strategies (NYSE:GPX) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.04. The business had revenue of $139.47 million for the quarter, compared to analyst estimates of $137.09 million. GP Strategies had a return on equity of 8.37% and a net margin of 1.91%. On average, research analysts forecast that GP Strategies Corp will post 1.09 EPS for the current fiscal year.

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GP Strategies Company Profile

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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Institutional Ownership by Quarter for GP Strategies (NYSE:GPX)

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