KLP Kapitalforvaltning AS Invests $509,000 in PAR Technology Co. (NYSE:PAR)

KLP Kapitalforvaltning AS acquired a new stake in shares of PAR Technology Co. ( NYSE:PAR – Free Report ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,000 shares of the software maker’s stock, valued at approximately $509,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of PAR Technology by 7.



5% during the third quarter. Charles Schwab Investment Management Inc. now owns 298,067 shares of the software maker’s stock valued at $15,523,000 after acquiring an additional 20,811 shares during the period.

Geode Capital Management LLC lifted its position in PAR Technology by 11.1% in the 3rd quarter. Geode Capital Management LLC now owns 819,035 shares of the software maker’s stock valued at $42,664,000 after purchasing an additional 81,551 shares during the last quarter.

Proficio Capital Partners LLC bought a new stake in PAR Technology in the 4th quarter valued at about $1,796,000. Moody National Bank Trust Division boosted its stake in PAR Technology by 119.2% during the 4th quarter.

Moody National Bank Trust Division now owns 24,278 shares of the software maker’s stock valued at $1,764,000 after purchasing an additional 13,200 shares during the period. Finally, Barclays PLC grew its position in PAR Technology by 431.3% in the 3rd quarter.

Barclays PLC now owns 63,536 shares of the software maker’s stock worth $3,310,000 after purchasing an additional 51,578 shares during the last quarter. Wall Street Analyst Weigh In PAR has been the topic of a number of recent analyst reports. StockNews.

com raised PAR Technology to a “sell” rating in a report on Monday, March 3rd. Stephens reaffirmed an “overweight” rating and set a $90.00 target price on shares of PAR Technology in a research note on Friday, February 28th.

Benchmark reissued a “buy” rating on shares of PAR Technology in a research note on Friday, February 28th. Craig Hallum restated a “buy” rating on shares of PAR Technology in a research note on Friday, February 28th. Finally, Citigroup reaffirmed a “neutral” rating on shares of PAR Technology in a report on Friday, February 28th.

One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, PAR Technology has an average rating of “Moderate Buy” and a consensus target price of $81.86.

PAR Technology Trading Down 7.7 % Shares of PAR Technology stock opened at $56.38 on Friday.

The business has a fifty day simple moving average of $65.33 and a 200-day simple moving average of $66.85.

PAR Technology Co. has a fifty-two week low of $37.74 and a fifty-two week high of $82.

24. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of -225.

50 and a beta of 2.20. The company has a quick ratio of 1.

91, a current ratio of 2.13 and a debt-to-equity ratio of 0.67.

PAR Technology ( NYSE:PAR – Get Free Report ) last issued its quarterly earnings results on Friday, February 28th. The software maker reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.

04) by ($0.17). PAR Technology had a negative net margin of 0.

66% and a negative return on equity of 8.99%. The business had revenue of $105.

01 million during the quarter, compared to analyst estimates of $99.10 million. During the same period in the previous year, the company posted ($0.

33) earnings per share. PAR Technology’s revenue was up 50.2% compared to the same quarter last year.

On average, equities analysts forecast that PAR Technology Co. will post -1.47 EPS for the current fiscal year.

PAR Technology Profile ( Free Report ) PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based hardware and software solutions to the restaurant and retail industries worldwide. The Restaurant/Retail segment offers PUNCHH, an enterprise-grade customer loyalty and engagement solution; MENU, an eCommerce platform for restaurant brands; BRINK POS, an open cloud, point-of-sale solution; PAR PAYMENT SERVICES, a merchant services business that enables electronic payment and processing services for businesses; and DATA CENTRAL, a back-office solution that leverages business intelligence and automation technologies. See Also Five stocks we like better than PAR Technology How Technical Indicators Can Help You Find Oversold Stocks Shares of RH Down Nearly 40%: Where Investors Can Turn To Now Why Are Stock Sectors Important to Successful Investing? Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian How to Calculate Stock Profit Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy? Want to see what other hedge funds are holding PAR? Visit HoldingsChannel.

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