Park Aerospace Corp. (NYSE:PKE) Shares Acquired by Uniplan Investment Counsel Inc.

Uniplan Investment Counsel Inc. increased its stake in shares of Park Aerospace Corp. (NYSE:PKE - Free Report) by 20.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 244,636 shares of the semiconductor company's stock after acquiring an additional 41,477 shares during the period. Uniplan Investment Counsel Inc. owned about 1.23% of Park Aerospace worth $3,584,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its holdings in Park Aerospace by 515.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,112 shares of the semiconductor company's stock worth $75,000 after acquiring an additional 4,282 shares during the period. SG Americas Securities LLC purchased a new position in shares of Park Aerospace during the 4th quarter valued at approximately $132,000. Petros Family Wealth LLC acquired a new stake in Park Aerospace in the 4th quarter valued at $150,000. Private Advisor Group LLC increased its holdings in Park Aerospace by 15.4% in the 4th quarter. Private Advisor Group LLC now owns 17,528 shares of the semiconductor company's stock worth $257,000 after acquiring an additional 2,335 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Park Aerospace by 2,084.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 19,597 shares of the semiconductor company's stock worth $287,000 after acquiring an additional 18,700 shares during the period. 77.83% of the stock is owned by institutional investors and hedge funds.

Park Aerospace Trading Up 0.5 %

NYSE:PKE traded up $0.07 during trading hours on Friday, reaching $13.30. 24,482 shares of the company were exchanged, compared to its average volume of 66,096. The stock's 50-day moving average is $13.39 and its 200-day moving average is $14.14. The firm has a market cap of $265.00 million, a PE ratio of 36.94 and a beta of 0.36. Park Aerospace Corp. has a twelve month low of $11.96 and a twelve month high of $15.57.

Park Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Wednesday, April 2nd. Park Aerospace's dividend payout ratio is presently 138.89%.

Analysts Set New Price Targets

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

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.