Intrepid Capital Management Inc. Has $156,000 Stake in Park Aerospace Corp. (NYSE:PKE)

Intrepid Capital Management Inc. lessened its holdings in shares of Park Aerospace Corp. (NYSE:PKE - Free Report) by 93.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,652 shares of the semiconductor company's stock after selling 140,745 shares during the period. Intrepid Capital Management Inc. owned 0.05% of Park Aerospace worth $156,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brandes Investment Partners LP boosted its holdings in shares of Park Aerospace by 4.4% in the fourth 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 period. Vanguard Group Inc. lifted its stake in Park Aerospace by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 1,069,738 shares of the semiconductor company's stock valued at $15,672,000 after acquiring an additional 6,646 shares during the last quarter. Royce & Associates LP lifted its stake in shares of Park Aerospace by 55.8% in the 4th quarter. Royce & Associates LP now owns 579,151 shares of the semiconductor company's stock valued at $8,485,000 after purchasing an additional 207,478 shares during the last quarter. Foundation Resource Management Inc. raised its holdings in Park Aerospace by 0.8% during the fourth quarter. Foundation Resource Management Inc. now owns 469,278 shares of the semiconductor company's stock valued at $6,875,000 after buying an additional 3,519 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Park Aerospace by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 422,116 shares of the semiconductor company's stock worth $5,502,000 after purchasing an additional 5,491 shares during the last quarter. Institutional investors own 77.83% of the company's stock.

Park Aerospace Trading Down 1.8 %

PKE stock traded down $0.23 during trading on Friday, hitting $12.51. The company had a trading volume of 86,428 shares, compared to its average volume of 65,024. The company has a market cap of $249.26 million, a P/E ratio of 34.75 and a beta of 0.36. Park Aerospace Corp. has a fifty-two week low of $11.96 and a fifty-two week high of $16.32. The company has a fifty day moving average price of $13.90 and a two-hundred day moving average price of $14.15.

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

Park Aerospace Dividend Announcement

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 4.00%. The ex-dividend date is Wednesday, April 2nd. Park Aerospace's payout ratio is presently 138.89%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Park Aerospace from a "hold" rating to a "buy" rating in a research note 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.