<div id="readability-page-1"><p>Park Aerospace Corp. (NYSE:PKE - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $28.51 and last traded at $27.7730, with a volume of 164427 shares changing hands. The stock had previously closed at $26.42.</p><div><p><span></span><span>Get <strong>Park Aerospace</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>3 Small Caps With High Dividend Yields And 2023 Price Gains</li></ul><p>A number of brokerages have commented on PKE. Wall Street Zen raised shares of Park Aerospace from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, January 17th. Weiss Ratings cut Park Aerospace from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a report on Monday, February 23rd. One analyst  has rated the stock with a Hold rating,  According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34;.</p><p><b>Get Our Latest Report on PKE</b></p><h2>Park Aerospace Trading Up 7.6%</h2><ul><li>Here’s What Happens When a Stock is Removed from an Index</li></ul><p>The firm has a fifty day moving average price of $23.93 and a 200 day moving average price of $21.02. The firm has a market capitalization of $566.81 million, a price-to-earnings ratio of 66.15 and a beta of 0.29. </p><p>Park Aerospace (NYSE:PKE - Get Free Report) last released its earnings results on Tuesday, January 13th. The semiconductor company reported $0.15 earnings per share for the quarter. The company had revenue of $17.33 million during the quarter. Park Aerospace had a return on equity of 9.28% and a net margin of 13.14%.</p><h2>Park Aerospace Dividend Announcement</h2><p>The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Friday, January 2nd were issued a dividend of $0.125 per share. The ex-dividend date was Friday, January 2nd. This represents a $0.50 annualized dividend and a yield of 1.8%. Park Aerospace's payout ratio is currently 116.28%. </p><h2>Hedge Funds Weigh In On Park Aerospace</h2><p>A number of institutional investors and hedge funds have recently added to or reduced their stakes in PKE. Millennium Management LLC raised its holdings in shares of  Park Aerospace by 64.4% in the fourth quarter. Millennium Management LLC now owns 110,831 shares of the semiconductor company's stock valued at $2,365,000 after purchasing an additional 43,415 shares during the last quarter.  AQR Capital Management LLC raised its holdings in  Park Aerospace by 51.7% during the fourth quarter. AQR Capital Management LLC now owns 18,762 shares of the semiconductor company's stock worth $400,000 after acquiring an additional 6,391 shares in the last quarter.  Trexquant Investment LP acquired a new position in  Park Aerospace during the fourth quarter valued at approximately $559,000.  Price T Rowe Associates Inc. MD grew its stake in  Park Aerospace by 11.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 51,238 shares of the semiconductor company's stock valued at $1,094,000 after purchasing an additional 5,237 shares in the last quarter.  Finally, &amp;PARTNERS increased its position in shares of  Park Aerospace by 5.8% during the 4th quarter. &amp;PARTNERS now owns 21,623 shares of the semiconductor company's stock worth $461,000 after purchasing an additional 1,194 shares during the last quarter. 77.83% of the stock is owned by institutional investors and hedge funds. </p><h2>About Park Aerospace</h2> (Get Free Report)<p>Park Aerospace <span>NYSE: PKE<span></span></span> is a specialized materials and manufacturing company that designs, develops and produces high-performance composite structures, engineered laminates and specialty adhesives for aerospace, defense and industrial markets. Its product portfolio includes advanced honeycomb cores, composite assemblies, dielectric and high-reliability circuit materials, as well as structural and bonding solutions that meet demanding performance and weight requirements.  </p><p>The company operates through two principal segments.</p><h2>Read More</h2><ul><li>Five stocks we like better than Park Aerospace</li><li>3 Signs You May Want to Switch Financial Advisors</li><li>I'm 70 With $1.5M: Would Converting $120K a Year to a Roth Be Smart or a Costly Mistake? (Ask An Advisor)</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>1,500 Banks Just Handed the Fed Your Bank Account</li><li>Gilder: Don’t Buy AI Stocks, Do This Instead</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Park Aerospace Right Now?</h2><p>Before you consider Park Aerospace, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Park Aerospace wasn't on the list.</p><p>While Park Aerospace currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ARKX

<p>Park Aerospace (NYSE:PKE) shares reached a new 52-week high of $28.51, closing at $27.77 with a trading volume of 164,427 shares. Analysts have mixed ratings, with Wall Street Zen upgrading it to 'buy' while Weiss Ratings downgraded it to 'hold'. The company reported $0.15 earnings per share and a revenue of $17.33 million. Park Aerospace also announced a quarterly dividend of $0.125 per share, yielding 1.8%. Institutional investors hold 77.83% of the stock, indicating strong interest in the company.</p>

Park Aerospace (NYSE:PKE) Sets New 12-Month High - Here's Why