Universal Beteiligungs und Servicegesellschaft mbH Acquires New Stake in Park Aerospace Corp. (NYSE:PKE)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Park Aerospace Corp. (NYSE:PKE - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,444 shares of the semiconductor company's stock, valued at approximately $450,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.17% of Park Aerospace as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Penn Capital Management Company LLC grew its stake in Park Aerospace by 71.0% in the fourth quarter. Penn Capital Management Company LLC now owns 164,638 shares of the semiconductor company's stock valued at $2,412,000 after acquiring an additional 68,337 shares during the period. JPMorgan Chase & Co. lifted its stake in Park Aerospace by 112.3% in the 4th quarter. JPMorgan Chase & Co. now owns 82,203 shares of the semiconductor company's stock valued at $1,204,000 after acquiring an additional 43,490 shares in the last quarter. Uniplan Investment Counsel Inc. lifted its position in Park Aerospace by 20.4% during the 4th quarter. Uniplan Investment Counsel Inc. now owns 244,636 shares of the semiconductor company's stock worth $3,584,000 after buying an additional 41,477 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Park Aerospace by 54.9% in the 4th quarter. Marshall Wace LLP now owns 80,985 shares of the semiconductor company's stock valued at $1,186,000 after buying an additional 28,694 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Park Aerospace by 41.4% during the 4th quarter. Russell Investments Group Ltd. now owns 78,634 shares of the semiconductor company's stock worth $1,152,000 after purchasing an additional 23,010 shares during the last quarter. 77.83% of the stock is currently owned by institutional investors.

Park Aerospace Stock Down 1.9%

Shares of PKE traded down $0.34 during mid-day trading on Thursday, hitting $17.67. 99,949 shares of the company's stock were exchanged, compared to its average volume of 78,105. The firm has a market cap of $350.86 million, a price-to-earnings ratio of 52.00 and a beta of 0.45. The stock's 50-day simple moving average is $15.66 and its 200-day simple moving average is $14.37. Park Aerospace Corp. has a 52 week low of $11.97 and a 52 week high of $20.72.

Park Aerospace (NYSE:PKE - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $15.40 million for the quarter. Park Aerospace had a net margin of 10.98% and a return on equity of 7.60%.

Park Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 1st were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, July 1st. Park Aerospace's dividend payout ratio is presently 147.06%.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Park Aerospace from a "buy" rating to a "hold" rating in a report on Monday, May 19th.

Park Aerospace 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.