Concurrent Investment Advisors LLC significantly reduces its stake in Park Aerospace Corp.

Concurrent Investment Advisors LLC sold 73,620 shares of Park Aerospace Corp. (PKE). The firm reduced its stake by 88.6% in the second quarter. It now holds 9,450 shares. These shares are valued at approximately $361,000. Institutional investors own 77.83% of the company's stock.

Park Aerospace declared a quarterly dividend of $0.125 per share. The company will pay this dividend on November 4th. This equates to an annualized dividend of $0.50. The dividend yields 1.6%. Wall Street analysts maintain a consensus "Buy" rating for Park Aerospace stock. They set an average price target of $42.50.