2 weeks Ago By Defense World Staff
Sei Investments Co. boosted its stake in PAR Technology Co. ( NYSE:PAR – Free Report ) by 2.
2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,214 shares of the software maker’s stock after buying an additional 832 shares during the period. Sei Investments Co.
owned 0.10% of PAR Technology worth $2,777,000 as of its most recent SEC filing. A number of other hedge funds also recently added to or reduced their stakes in PAR.
TimesSquare Capital Management LLC increased its holdings in shares of PAR Technology by 47.1% in the 4th quarter. TimesSquare Capital Management LLC now owns 406,585 shares of the software maker’s stock worth $29,547,000 after acquiring an additional 130,121 shares during the period.
Connor Clark & Lunn Investment Management Ltd. bought a new position in PAR Technology in the 4th quarter worth about $6,275,000. Geode Capital Management LLC raised its holdings in shares of PAR Technology by 11.
1% during the third quarter. Geode Capital Management LLC now owns 819,035 shares of the software maker’s stock valued at $42,664,000 after buying an additional 81,551 shares during the last quarter. Castleark Management LLC boosted its position in shares of PAR Technology by 196.
0% during the third quarter. Castleark Management LLC now owns 116,370 shares of the software maker’s stock worth $6,061,000 after buying an additional 77,050 shares during the period. Finally, Barclays PLC grew its holdings 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 buying an additional 51,578 shares in the last quarter. Analyst Upgrades and Downgrades PAR has been the topic of several recent analyst reports.
Benchmark reaffirmed 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. StockNews.
com upgraded shares of PAR Technology to a “sell” rating in a research report on Monday, March 3rd. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of PAR Technology in a research report on Friday, February 28th.
Finally, Citigroup reaffirmed a “neutral” rating on shares of PAR Technology in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $81.
86. PAR Technology Price Performance Shares of NYSE PAR opened at $52.30 on Friday.
PAR Technology Co. has a twelve month low of $37.74 and a twelve month high of $82.
24. The company has a current ratio of 2.13, a quick ratio of 1.
91 and a debt-to-equity ratio of 0.67. The firm has a 50-day moving average of $64.
95 and a two-hundred day moving average of $66.82. The company has a market capitalization of $2.
10 billion, a price-to-earnings ratio of -209.19 and a beta of 2.20.
PAR Technology ( NYSE:PAR – Get Free Report ) last released its earnings results on Friday, February 28th. The software maker reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.
04) by ($0.17). The business had revenue of $105.
01 million for the quarter, compared to analyst estimates of $99.10 million. PAR Technology had a negative net margin of 0.
66% and a negative return on equity of 8.99%. The firm’s revenue for the quarter was up 50.
2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.33) earnings per share.
As a group, analysts expect that PAR Technology Co. will post -1.47 earnings per share for the current fiscal year.
PAR Technology Company 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 Upcoming IPO Stock Lockup Period, Explained Archer Aviation’s Africa Deal Could Boost ACHR Stock What is a penny stock? A comprehensive guide Are Short Sellers Wrong About These 3 Semiconductor Stocks? Investing In Automotive Stocks Boeing Gets $50B in March Orders—Is BA Stock a Buy Now? Want to see what other hedge funds are holding PAR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for PAR Technology Co. ( NYSE:PAR – Free Report ). Receive News & Ratings for PAR Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PAR Technology and related companies with MarketBeat.
com's FREE daily email newsletter ..
