Marshall Wace LLP Buys 28,694 Shares of Park Aerospace Corp. (NYSE:PKE)

Marshall Wace LLP raised its stake in shares of Park Aerospace Corp. (NYSE:PKE - Free Report) by 54.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,985 shares of the semiconductor company's stock after purchasing an additional 28,694 shares during the quarter. Marshall Wace LLP owned 0.41% of Park Aerospace worth $1,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Barclays PLC lifted its holdings in Park Aerospace by 11.4% during the 4th quarter. Barclays PLC now owns 28,635 shares of the semiconductor company's stock valued at $420,000 after purchasing an additional 2,925 shares during the last quarter. Townsquare Capital LLC increased its holdings in shares of Park Aerospace by 21.1% during the fourth quarter. Townsquare Capital LLC now owns 19,666 shares of the semiconductor company's stock worth $288,000 after buying an additional 3,423 shares in the last quarter. Petros Family Wealth LLC bought a new position in shares of Park Aerospace in the fourth quarter valued at approximately $150,000. Kennedy Capital Management LLC boosted its holdings in shares of Park Aerospace by 1.0% in the 4th quarter. Kennedy Capital Management LLC now owns 140,499 shares of the semiconductor company's stock worth $2,058,000 after acquiring an additional 1,361 shares in the last quarter. Finally, Martingale Asset Management L P grew its position in Park Aerospace by 9.5% during the 4th quarter. Martingale Asset Management L P now owns 24,324 shares of the semiconductor company's stock worth $356,000 after acquiring an additional 2,102 shares during the last quarter. 77.83% of the stock is currently owned by institutional investors.

Park Aerospace Stock Up 0.2 %

NYSE:PKE traded up $0.03 during mid-day trading on Monday, reaching $13.23. 6,781 shares of the company were exchanged, compared to its average volume of 66,041. The stock has a market cap of $263.53 million, a PE ratio of 36.75 and a beta of 0.36. Park Aerospace Corp. has a 12 month low of $11.96 and a 12 month high of $15.57. The company has a fifty day moving average of $13.32 and a 200 day moving average of $14.11.

Park Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Wednesday, April 2nd were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, April 2nd. This represents a $0.50 annualized dividend and a dividend yield of 3.78%. Park Aerospace's dividend payout ratio (DPR) is currently 138.89%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Park Aerospace from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd.

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.