Park Electrochemical Corp. (NYSE:PKE) shares saw unusually-high trading volume on Tuesday . Approximately 121,081 shares were traded during mid-day trading, an increase of 91% from the previous session’s volume of 63,409 shares.The stock last traded at $15.49 and had previously closed at $15.51.

PKE has been the subject of several research analyst reports. Zacks Investment Research downgraded Park Electrochemical Corp. from a “hold” rating to a “strong sell” rating in a report on Friday, May 6th. Needham & Company LLC decreased their price objective on Park Electrochemical Corp. from $21.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, June 30th.

The firm’s 50 day moving average is $15.92 and its 200-day moving average is $15.35. The stock has a market capitalization of $313.42 million and a price-to-earnings ratio of 19.39.

Park Electrochemical Corp. (NYSE:PKE) last announced its earnings results on Wednesday, June 29th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.07. The company earned $31.50 million during the quarter. During the same quarter in the prior year, the business posted $0.24 earnings per share. On average, analysts predict that Park Electrochemical Corp. will post $0.80 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 3rd. Investors of record on Tuesday, July 5th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, June 30th. This represents a $0.40 annualized dividend and a yield of 2.58%.

A number of hedge funds have made changes to their positions in the stock. Gamco Investors INC. ET AL increased its stake in shares of Park Electrochemical Corp. by 6.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 728,500 shares of the company’s stock valued at $10,971,000 after buying an additional 43,200 shares during the last quarter. Teton Advisors Inc. increased its stake in shares of Park Electrochemical Corp. by 13.7% in the fourth quarter. Teton Advisors Inc. now owns 90,281 shares of the company’s stock valued at $1,360,000 after buying an additional 10,900 shares during the last quarter. Gabelli Funds LLC increased its stake in shares of Park Electrochemical Corp. by 3.1% in the fourth quarter. Gabelli Funds LLC now owns 331,000 shares of the company’s stock valued at $4,985,000 after buying an additional 10,000 shares during the last quarter. Royce & Associates LLC increased its stake in shares of Park Electrochemical Corp. by 6.5% in the fourth quarter. Royce & Associates LLC now owns 2,655,134 shares of the company’s stock valued at $39,986,000 after buying an additional 161,858 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Park Electrochemical Corp. by 22.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 925,534 shares of the company’s stock valued at $13,939,000 after buying an additional 168,649 shares during the last quarter.

Park Electrochemical Corp. (Park) is a global advanced materials company. The Company develops, manufactures, markets and sells high-technology 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.

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