Park Aerospace Corp. (NYSE:PKE) Holdings Raised by Barclays PLC

Barclays PLC increased its stake in Park Aerospace Corp. (NYSE:PKE) by 295.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,710 shares of the semiconductor company’s stock after purchasing an additional 19,213 shares during the quarter. Barclays PLC owned approximately 0.13% of Park Aerospace worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Copeland Capital Management LLC purchased a new position in shares of Park Aerospace during the third quarter valued at $43,000. Van ECK Associates Corp increased its holdings in shares of Park Aerospace by 39.6% in the 3rd quarter. Van ECK Associates Corp now owns 11,088 shares of the semiconductor company’s stock valued at $160,000 after purchasing an additional 3,146 shares during the period. Townsquare Capital LLC boosted its holdings in shares of Park Aerospace by 8.3% during the third quarter. Townsquare Capital LLC now owns 16,243 shares of the semiconductor company’s stock worth $212,000 after purchasing an additional 1,248 shares during the period. Oppenheimer Asset Management Inc. grew its position in Park Aerospace by 23.6% during the third quarter. Oppenheimer Asset Management Inc. now owns 18,375 shares of the semiconductor company’s stock valued at $239,000 after purchasing an additional 3,507 shares in the last quarter. Finally, FMR LLC lifted its position in Park Aerospace by 26.3% in the 3rd quarter. FMR LLC now owns 26,336 shares of the semiconductor company’s stock worth $343,000 after buying an additional 5,492 shares in the last quarter. Institutional investors and hedge funds own 77.83% of the company’s stock.

Park Aerospace Trading Up 4.5 %

Park Aerospace stock opened at $14.66 on Monday. The company has a market capitalization of $292.51 million, a P/E ratio of 43.10 and a beta of 0.43. Park Aerospace Corp. has a 1-year low of $11.96 and a 1-year high of $16.96. The firm’s fifty day simple moving average is $14.70 and its 200-day simple moving average is $13.89.

Park Aerospace (NYSE:PKE) last announced its quarterly earnings results on Tuesday, January 14th. The semiconductor company reported $0.08 earnings per share for the quarter. Park Aerospace had a return on equity of 6.61% and a net margin of 11.82%.

Park Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, January 3rd. This represents a $0.50 annualized dividend and a yield of 3.41%. Park Aerospace’s dividend payout ratio (DPR) is presently 147.06%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Park Aerospace from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th.

Park Aerospace Company Profile

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts.