2 weeks Ago By ABMN Staff
Legal & General Group Plc decreased its stake in shares of PAR Technology Co. ( NYSE:PAR – Free Report ) by 5.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund owned 41,250 shares of the software maker’s stock after selling 2,436 shares during the quarter. Legal & General Group Plc owned about 0.11% of PAR Technology worth $2,998,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in PAR. Aster Capital Management DIFC Ltd acquired a new stake in PAR Technology in the 4th quarter valued at about $28,000. Mountain Hill Investment Partners Corp.
bought a new position in shares of PAR Technology during the 4th quarter worth approximately $29,000. Signaturefd LLC increased its holdings in shares of PAR Technology by 85.6% during the 4th quarter.
Signaturefd LLC now owns 605 shares of the software maker’s stock worth $44,000 after acquiring an additional 279 shares during the last quarter. US Bancorp DE raised its stake in PAR Technology by 104.3% in the 4th quarter.
US Bancorp DE now owns 668 shares of the software maker’s stock valued at $49,000 after acquiring an additional 341 shares during the period. Finally, Arcadia Investment Management Corp MI acquired a new stake in PAR Technology during the 4th quarter valued at $113,000. PAR Technology Price Performance Shares of NYSE:PAR opened at $57.
53 on Thursday. The firm has a 50 day moving average of $60.24 and a 200-day moving average of $66.
85. PAR Technology Co. has a 12 month low of $37.
74 and a 12 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 stock has a market capitalization of $2.31 billion, a PE ratio of -230.11 and a beta of 1.
95. Analysts Set New Price Targets A number of analysts have recently issued reports on PAR shares. Benchmark restated a “buy” rating on shares of PAR Technology in a research note on Friday, February 28th.
Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of PAR Technology in a report on Friday, February 28th. Stephens reissued an “overweight” rating and set a $90.
00 price target on shares of PAR Technology in a report on Friday, February 28th. Craig Hallum reaffirmed a “buy” rating on shares of PAR Technology in a report on Friday, February 28th. Finally, Citigroup reissued a “neutral” rating on shares of PAR Technology in a research report on Friday, February 28th.
One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, PAR Technology has a consensus rating of “Moderate Buy” and a consensus price target of $81.
86. Check Out Our Latest Stock Analysis on PAR Technology 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.
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