Schwab Charles Investment Management Inc. boosted its position in Park Electrochemical Corporation (NYSE:PKE) by 4.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,060 shares of the semiconductor company’s stock after buying an additional 2,565 shares during the period. Schwab Charles Investment Management Inc. owned about 0.31% of Park Electrochemical Corporation worth $1,109,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of PKE. Chicago Equity Partners LLC purchased a new position in shares of Park Electrochemical Corporation during the first quarter worth about $222,000. Principal Financial Group Inc. raised its position in shares of Park Electrochemical Corporation by 3.6% in the first quarter. Principal Financial Group Inc. now owns 144,573 shares of the semiconductor company’s stock worth $2,582,000 after buying an additional 5,083 shares during the period. Ameriprise Financial Inc. raised its position in shares of Park Electrochemical Corporation by 0.6% in the first quarter. Ameriprise Financial Inc. now owns 181,505 shares of the semiconductor company’s stock worth $3,242,000 after buying an additional 1,154 shares during the period. Great West Life Assurance Co. Can raised its position in shares of Park Electrochemical Corporation by 11.4% in the first quarter. Great West Life Assurance Co. Can now owns 26,939 shares of the semiconductor company’s stock worth $481,000 after buying an additional 2,752 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Park Electrochemical Corporation by 2.9% in the first quarter. Renaissance Technologies LLC now owns 1,047,500 shares of the semiconductor company’s stock worth $18,708,000 after buying an additional 29,600 shares during the period. Institutional investors and hedge funds own 81.68% of the company’s stock.

Shares of Park Electrochemical Corporation (NYSE:PKE) traded up 1.65% on Thursday, hitting $18.44. 9,868 shares of the stock were exchanged. The firm has a market cap of $373.11 million, a price-to-earnings ratio of 48.53 and a beta of 0.83. Park Electrochemical Corporation has a one year low of $13.76 and a one year high of $20.24. The firm’s 50 day moving average price is $18.15 and its 200 day moving average price is $18.00.

Park Electrochemical Corporation (NYSE:PKE) last issued its quarterly earnings results on Wednesday, June 28th. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The company had revenue of $27.42 million for the quarter, compared to analyst estimates of $29 million. Park Electrochemical Corporation had a return on equity of 4.92% and a net margin of 6.99%. During the same quarter last year, the company earned $0.15 EPS. Equities analysts anticipate that Park Electrochemical Corporation will post $0.64 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Wednesday, July 5th were given a dividend of $0.10 per share. The ex-dividend date was Friday, June 30th. This represents a $0.40 annualized dividend and a yield of 2.21%. Park Electrochemical Corporation’s dividend payout ratio (DPR) is 105.27%.

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PKE has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Park Electrochemical Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Zacks Investment Research upgraded shares of Park Electrochemical Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th.

About Park Electrochemical Corporation

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 Corporation (NYSE:PKE)

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