PAR Technology Co. (NYSE:PAR) Shares Purchased by Yarbrough Capital LLC

Yarbrough Capital LLC raised its position in PAR Technology Co. (NYSE:PAR - Free Report) by 61.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 12,612 shares of the software maker's stock after acquiring an additional 4,820 shares during the period. Yarbrough Capital LLC's holdings in PAR Technology were worth $917,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Amalgamated Bank increased its holdings in shares of PAR Technology by 25.5% in the 2nd quarter. Amalgamated Bank now owns 1,166 shares of the software maker's stock valued at $55,000 after purchasing an additional 237 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of PAR Technology during the 3rd quarter valued at approximately $125,000. Victory Capital Management Inc. lifted its position in shares of PAR Technology by 5.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,524 shares of the software maker's stock valued at $236,000 after acquiring an additional 219 shares during the period. RiverPark Advisors LLC grew its holdings in shares of PAR Technology by 21.3% in the 3rd quarter. RiverPark Advisors LLC now owns 4,929 shares of the software maker's stock worth $257,000 after acquiring an additional 865 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in PAR Technology during the third quarter worth $308,000.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Stephens raised their price target on PAR Technology from $83.00 to $90.00 and gave the company an "overweight" rating in a research report on Tuesday, November 26th. Benchmark increased their price objective on shares of PAR Technology from $69.00 to $92.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. Needham & Company LLC restated a "buy" rating and set a $90.00 target price on shares of PAR Technology in a research report on Friday, January 3rd. The Goldman Sachs Group increased their price target on shares of PAR Technology from $71.00 to $79.00 and gave the company a "neutral" rating in a research report on Monday, December 2nd. Finally, Lake Street Capital lifted their price objective on PAR Technology from $57.00 to $77.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, PAR Technology has an average rating of "Moderate Buy" and an average target price of $79.25.

PAR Technology Trading Down 1.8 %

NYSE PAR traded down $1.35 during mid-day trading on Friday, reaching $73.60. 255,189 shares of the stock were exchanged, compared to its average volume of 532,238. The business's fifty day simple moving average is $75.08 and its 200 day simple moving average is $61.21. 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 has a market capitalization of $2.85 billion, a PE ratio of -294.69 and a beta of 2.21. 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 announced its quarterly earnings data on Friday, November 8th. The software maker reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.01. PAR Technology had a negative return on equity of 8.99% and a negative net margin of 0.66%. The business had revenue of $96.80 million during the quarter, compared to the consensus estimate of $91.01 million. During the same quarter in the previous year, the business earned ($0.35) earnings per share. The business's revenue for the quarter was down 9.6% on a year-over-year basis. On average, research analysts anticipate that PAR Technology Co. will post -1.47 earnings per share for the current fiscal year.

PAR Technology Company 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.