SG Americas Securities LLC Has $149,000 Position in Park Aerospace Corp. (NYSE:PKE)

SG Americas Securities LLC grew its holdings in Park Aerospace Corp. (NYSE:PKE) by 26.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,132 shares of the semiconductor company’s stock after acquiring an additional 2,118 shares during the period. SG Americas Securities LLC’s holdings in Park Aerospace were worth $149,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in PKE. Osaic Holdings Inc. lifted its stake in shares of Park Aerospace by 60.2% in the second quarter. Osaic Holdings Inc. now owns 2,028 shares of the semiconductor company’s stock worth $28,000 after buying an additional 762 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of Park Aerospace by 277.2% in the first quarter. Captrust Financial Advisors now owns 2,139 shares of the semiconductor company’s stock worth $28,000 after buying an additional 1,572 shares during the last quarter. Copeland Capital Management LLC acquired a new stake in shares of Park Aerospace in the third quarter worth $33,000. Tower Research Capital LLC TRC lifted its stake in shares of Park Aerospace by 390.5% in the third quarter. Tower Research Capital LLC TRC now owns 2,364 shares of the semiconductor company’s stock worth $37,000 after buying an additional 1,882 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in shares of Park Aerospace in the third quarter worth $28,000. 77.83% of the stock is owned by institutional investors.

Park Aerospace Stock Performance

Shares of PKE stock opened at $15.25 on Wednesday. Park Aerospace Corp. has a 52-week low of $11.91 and a 52-week high of $16.96. The stock has a market cap of $308.81 million, a price-to-earnings ratio of 32.45 and a beta of 0.45. The firm has a fifty day moving average of $15.29 and a 200-day moving average of $14.99.

Park Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Tuesday, April 2nd will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Monday, April 1st. Park Aerospace’s payout ratio is 106.38%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Park Aerospace from a “buy” rating to a “hold” rating in a research note on Friday, January 12th.

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.