80,822 Shares in PAR Technology Co. (NYSE:PAR) Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. acquired a new stake in PAR Technology Co. (NYSE:PAR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 80,822 shares of the software maker's stock, valued at approximately $5,873,000. Rockefeller Capital Management L.P. owned 0.21% of PAR Technology as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of PAR. Geode Capital Management LLC increased its stake 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 worth $42,664,000 after acquiring an additional 81,551 shares during the period. Proficio Capital Partners LLC acquired a new position in PAR Technology during the 4th quarter worth approximately $1,796,000. Moody National Bank Trust Division raised its stake in shares of 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 worth $1,764,000 after buying an additional 13,200 shares in the last quarter. Barclays PLC lifted its holdings in shares of PAR Technology by 431.3% in the 3rd quarter. Barclays PLC now owns 63,536 shares of the software maker's stock valued at $3,310,000 after buying an additional 51,578 shares during the period. Finally, Principal Financial Group Inc. acquired a new stake in shares of PAR Technology in the 4th quarter valued at approximately $205,000.

PAR Technology Price Performance

PAR stock opened at $56.40 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.91 and a current ratio of 2.13. The stock's 50 day moving average price is $61.21 and its 200 day moving average price is $66.72. The firm has a market cap of $2.27 billion, a P/E ratio of -225.60 and a beta of 1.95. PAR Technology Co. has a 1 year low of $37.74 and a 1 year high of $82.24.

PAR Technology (NYSE:PAR - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The software maker reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.17). The company 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 was up 50.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.33) EPS. On average, sell-side analysts expect that PAR Technology Co. will post -1.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on PAR shares. Citigroup reiterated a "neutral" rating on shares of PAR Technology in a research report on Friday, February 28th. Benchmark reiterated 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. Stephens reiterated an "overweight" rating and set a $90.00 price target on shares of PAR Technology in a research report on Friday, February 28th. Finally, Craig Hallum restated a "buy" rating on shares of PAR Technology in a report on Friday, February 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $81.86.

PAR Technology Profile

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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