Uniplan Investment Counsel Inc. Grows Stock Holdings in Park Aerospace Corp. (NYSE:PKE)

Uniplan Investment Counsel Inc. grew 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 13F filing with the SEC. The institutional investor owned 244,636 shares of the semiconductor company's stock after buying an additional 41,477 shares during the quarter. Uniplan Investment Counsel Inc. owned 1.23% of Park Aerospace worth $3,584,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PKE. Tower Research Capital LLC TRC raised its position 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 valued at $75,000 after purchasing an additional 4,282 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Park Aerospace during the 4th quarter valued at about $132,000. Petros Family Wealth LLC purchased a new position in shares of Park Aerospace during the 4th quarter valued at about $150,000. Private Advisor Group LLC boosted its stake in Park Aerospace by 15.4% in the fourth quarter. Private Advisor Group LLC now owns 17,528 shares of the semiconductor company's stock worth $257,000 after buying an additional 2,335 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew 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 valued at $287,000 after acquiring an additional 18,700 shares during the last quarter. 77.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Park Aerospace Stock Performance

PKE stock traded up $0.07 on Friday, reaching $13.30. The company's stock had a trading volume of 24,482 shares, compared to its average volume of 66,085. The firm has a market cap of $265.00 million, a PE ratio of 36.94 and a beta of 0.36. The business has a fifty day simple moving average of $13.39 and a two-hundred day simple moving average of $14.13. Park Aerospace Corp. has a 12-month low of $11.96 and a 12-month high of $15.57.

Park Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Wednesday, April 2nd will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $0.50 annualized dividend and a yield of 3.76%. Park Aerospace's payout ratio is 138.89%.

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.