EntryPoint Capital LLC Takes Position in PAR Technology Co. (NYSE:PAR)

EntryPoint Capital LLC bought a new stake in PAR Technology Co. (NYSE:PAR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,703 shares of the software maker's stock, valued at approximately $342,000.

Several other institutional investors have also modified their holdings of PAR. Mountain Hill Investment Partners Corp. purchased a new position in PAR Technology in the 4th quarter valued at about $29,000. Signaturefd LLC raised its holdings in shares of PAR Technology by 85.6% during the fourth quarter. Signaturefd LLC now owns 605 shares of the software maker's stock valued at $44,000 after acquiring an additional 279 shares during the last quarter. US Bancorp DE lifted its position in shares of PAR Technology by 104.3% in the fourth quarter. US Bancorp DE now owns 668 shares of the software maker's stock valued at $49,000 after acquiring an additional 341 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new stake in shares of PAR Technology in the fourth quarter worth approximately $113,000. Finally, KBC Group NV increased its position in shares of PAR Technology by 30.4% during the fourth quarter. KBC Group NV now owns 1,717 shares of the software maker's stock worth $125,000 after purchasing an additional 400 shares in the last quarter.

PAR Technology Trading Up 0.0 %

Shares of PAR Technology stock traded up $0.03 during mid-day trading on Monday, hitting $61.47. The stock had a trading volume of 429,650 shares, compared to its average volume of 417,150. The firm has a 50-day moving average of $66.08 and a two-hundred day moving average of $66.92. 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 $2.47 billion, a P/E ratio of -245.87 and a beta of 2.20. PAR Technology Co. has a 12-month low of $37.74 and a 12-month high of $82.24.

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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 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 company 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 earned ($0.33) EPS. The company's quarterly revenue was up 50.2% compared to the same quarter last year. Sell-side analysts forecast that PAR Technology Co. will post -1.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PAR. Needham & Company LLC restated a "buy" rating and issued a $90.00 price objective on shares of PAR Technology in a report on Friday, February 28th. StockNews.com raised shares of PAR Technology to a "sell" rating in a research note on Monday, March 3rd. Craig Hallum reaffirmed a "buy" rating 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. Finally, Stephens restated an "overweight" rating and set a $90.00 target price on shares of PAR Technology in a report 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. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $81.86.

About PAR Technology

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.