Voya Investment Management LLC lifted its position in Park Electrochemical Corporation (NYSE:PKE) by 13.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,071 shares of the semiconductor company’s stock after purchasing an additional 1,561 shares during the period. Voya Investment Management LLC owned 0.06% of Park Electrochemical Corporation worth $241,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Texas Permanent School Fund boosted its holdings in shares of Park Electrochemical Corporation by 0.8% in the second quarter. Texas Permanent School Fund now owns 13,887 shares of the semiconductor company’s stock valued at $256,000 after purchasing an additional 116 shares during the period. Thrivent Financial For Lutherans boosted its holdings in shares of Park Electrochemical Corporation by 4.1% in the first quarter. Thrivent Financial For Lutherans now owns 10,700 shares of the semiconductor company’s stock valued at $191,000 after purchasing an additional 420 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of Park Electrochemical Corporation by 1.9% in the second quarter. Alliancebernstein L.P. now owns 26,156 shares of the semiconductor company’s stock valued at $482,000 after purchasing an additional 500 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Park Electrochemical Corporation by 0.8% in the first quarter. California Public Employees Retirement System now owns 89,000 shares of the semiconductor company’s stock valued at $1,590,000 after purchasing an additional 700 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its holdings in shares of Park Electrochemical Corporation by 2.1% in the first quarter. Parametric Portfolio Associates LLC now owns 41,967 shares of the semiconductor company’s stock valued at $750,000 after purchasing an additional 861 shares during the period. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Shares of Park Electrochemical Corporation (NYSE PKE) opened at $18.94 on Friday. The company has a current ratio of 15.23, a quick ratio of 14.56 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $379.86, a price-to-earnings ratio of 39.94 and a beta of 0.89. Park Electrochemical Corporation has a twelve month low of $16.00 and a twelve month high of $20.24.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 3rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, October 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 2.11%. Park Electrochemical Corporation’s dividend payout ratio is currently 129.03%.

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A number of brokerages recently issued reports on PKE. Zacks Investment Research upgraded Park Electrochemical Corporation from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Needham & Company LLC restated a “buy” rating and set a $22.00 target price on shares of Park Electrochemical Corporation in a report on Friday, September 1st. Finally, BidaskClub lowered Park Electrochemical Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 10th.

Park Electrochemical Corporation Company 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 Corporation (NYSE:PKE)

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