1 day Ago By ABMN Staff
CANADA LIFE ASSURANCE Co grew its stake in shares of PAR Technology Co. ( NYSE:PAR – Free Report ) by 9.6% during the fourth quarter, HoldingsChannel reports.
The firm owned 10,909 shares of the software maker’s stock after buying an additional 953 shares during the period. CANADA LIFE ASSURANCE Co’s holdings in PAR Technology were worth $792,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently modified their holdings of the company.
Proficio Capital Partners LLC acquired a new position in shares of PAR Technology during the fourth quarter worth about $1,796,000. Moody National Bank Trust Division lifted its stake in shares of PAR Technology by 119.2% during the fourth quarter.
Moody National Bank Trust Division now owns 24,278 shares of the software maker’s stock worth $1,764,000 after purchasing an additional 13,200 shares in the last quarter. Barclays PLC lifted its stake in shares of PAR Technology by 431.3% during the third 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 in the last quarter. Principal Financial Group Inc. acquired a new position in shares of PAR Technology during the fourth quarter worth about $205,000.
Finally, LPL Financial LLC lifted its stake in shares of PAR Technology by 201.4% during the fourth quarter. LPL Financial LLC now owns 88,991 shares of the software maker’s stock worth $6,467,000 after purchasing an additional 59,469 shares in the last quarter.
Wall Street Analysts Forecast Growth A number of analysts have recently issued reports on the company. Benchmark reaffirmed a “buy” rating on shares of PAR Technology in a research report on Friday, February 28th. Citigroup reaffirmed a “neutral” rating on shares of PAR Technology in a research report on Friday, February 28th.
StockNews.com raised PAR Technology to a “sell” rating in a research report on Monday, March 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $90.
00 target price on shares of PAR Technology in a research report on Friday, February 28th. Finally, Craig Hallum reaffirmed a “buy” rating on shares of PAR Technology in a research report on Friday, February 28th. One equities research 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $81.86. PAR Technology Stock Up 0.
7 % Shares of PAR Technology stock opened at $59.93 on Wednesday. The company has a quick ratio of 1.
91, a current ratio of 2.13 and a debt-to-equity ratio of 0.67.
The firm has a market cap of $2.43 billion, a P/E ratio of -239.70 and a beta of 1.
95. PAR Technology Co. has a fifty-two week low of $37.
74 and a fifty-two week high of $82.24. The business has a 50-day moving average price of $59.
66 and a 200 day moving average price of $67.04. PAR Technology ( NYSE:PAR – Get Free Report ) last posted 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 company had revenue of $105.01 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year.
During the same period last year, the company posted ($0.33) earnings per share. On average, sell-side analysts forecast 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. Read More 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.
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