Park Aerospace Corp. (NYSE:PKE) Stock Position Decreased by American Century Companies Inc.

American Century Companies Inc. reduced its holdings in shares of Park Aerospace Corp. (NYSE:PKE - Free Report) by 53.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,117 shares of the semiconductor company's stock after selling 36,654 shares during the quarter. American Century Companies Inc. owned approximately 0.16% of Park Aerospace worth $471,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. Royce & Associates LP lifted its stake in shares of Park Aerospace by 55.8% during the 4th quarter. Royce & Associates LP now owns 579,151 shares of the semiconductor company's stock worth $8,485,000 after purchasing an additional 207,478 shares during the period. Brandes Investment Partners LP boosted its stake in Park Aerospace by 4.4% in the 4th quarter. Brandes Investment Partners LP now owns 2,524,503 shares of the semiconductor company's stock worth $36,984,000 after buying an additional 107,447 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Park Aerospace by 295.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,713 shares of the semiconductor company's stock valued at $504,000 after buying an additional 28,924 shares during the period. Barclays PLC grew its holdings in Park Aerospace by 295.7% in the 3rd quarter. Barclays PLC now owns 25,710 shares of the semiconductor company's stock valued at $335,000 after buying an additional 19,213 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Park Aerospace by 2,084.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 19,597 shares of the semiconductor company's stock valued at $287,000 after acquiring an additional 18,700 shares during the last quarter. 77.83% of the stock is currently owned by institutional investors and hedge funds.

Park Aerospace Stock Performance

Shares of NYSE:PKE traded down $0.06 during trading on Thursday, hitting $13.15. The company's stock had a trading volume of 7,801 shares, compared to its average volume of 56,050. The stock's 50-day moving average price is $13.53 and its two-hundred day moving average price is $14.12. Park Aerospace Corp. has a fifty-two week low of $11.96 and a fifty-two week high of $15.57. The company has a market capitalization of $262.01 million, a PE ratio of 36.53 and a beta of 0.36.

Park Aerospace (NYSE:PKE - Get Free Report) last released its earnings results on Tuesday, January 14th. The semiconductor company reported $0.08 earnings per share for the quarter. Park Aerospace had a net margin of 11.90% and a return on equity of 7.02%.

Park Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Wednesday, April 2nd will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.80%. The ex-dividend date is Wednesday, April 2nd. Park Aerospace's dividend payout ratio (DPR) is presently 138.89%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised 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.