SG Americas Securities LLC acquired a new position in Park Electrochemical Corporation (NYSE:PKE) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,728 shares of the semiconductor company’s stock, valued at approximately $254,000. SG Americas Securities LLC owned 0.07% of Park Electrochemical at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its holdings in Park Electrochemical by 57.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,986 shares of the semiconductor company’s stock worth $129,000 after purchasing an additional 2,545 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in Park Electrochemical by 59.0% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 7,140 shares of the semiconductor company’s stock worth $132,000 after purchasing an additional 2,650 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in Park Electrochemical by 7.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 11,480 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 780 shares during the last quarter. Voya Investment Management LLC increased its holdings in Park Electrochemical by 13.6% during the 2nd quarter. Voya Investment Management LLC now owns 13,071 shares of the semiconductor company’s stock worth $241,000 after purchasing an additional 1,561 shares during the last quarter. Finally, Texas Permanent School Fund increased its holdings in Park Electrochemical by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 13,887 shares of the semiconductor company’s stock worth $256,000 after purchasing an additional 116 shares during the last quarter. Institutional investors own 81.82% of the company’s stock.

Several equities research analysts have issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $22.00 price objective on shares of Park Electrochemical in a report on Friday, September 1st. Zacks Investment Research upgraded Park Electrochemical from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th.

Park Electrochemical Corporation (PKE) opened at $19.62 on Wednesday. The company has a market capitalization of $398.88, a P/E ratio of 41.94 and a beta of 0.88. The company has a debt-to-equity ratio of 0.37, a current ratio of 15.23 and a quick ratio of 14.56. Park Electrochemical Corporation has a 12-month low of $16.00 and a 12-month high of $20.24.

Park Electrochemical (NYSE:PKE) last issued its earnings results on Tuesday, October 3rd. The semiconductor company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). The firm had revenue of $29.84 million during the quarter, compared to analyst estimates of $28.00 million. Park Electrochemical had a return on equity of 5.12% and a net margin of 5.63%. During the same quarter in the previous year, the business posted $0.10 EPS. research analysts expect that Park Electrochemical Corporation will post 0.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 6th. Stockholders of record on Tuesday, January 2nd will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.04%. Park Electrochemical’s payout ratio is 129.03%.

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Park Electrochemical Profile

Park Electrochemical Corp. is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets.

Institutional Ownership by Quarter for Park Electrochemical (NYSE:PKE)

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