Mariner LLC Has $1.79 Million Stock Holdings in PAR Technology Co. (NYSE:PAR)

Mariner LLC boosted its holdings in shares of PAR Technology Co. (NYSE:PAR) by 14.1% in the fourth quarter, Holdings Channel reports. The firm owned 24,603 shares of the software maker’s stock after purchasing an additional 3,039 shares during the quarter. Mariner LLC’s holdings in PAR Technology were worth $1,788,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its holdings in PAR Technology by 85.6% during the 4th quarter. Signaturefd LLC now owns 605 shares of the software maker’s stock valued at $44,000 after purchasing an additional 279 shares during the last quarter. US Bancorp DE increased its holdings in shares of PAR Technology by 104.3% during the fourth quarter. US Bancorp DE now owns 668 shares of the software maker’s stock worth $49,000 after buying an additional 341 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of PAR Technology by 7.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 4,966 shares of the software maker’s stock valued at $361,000 after acquiring an additional 343 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of PAR Technology in the 4th quarter worth approximately $28,000. Finally, KBC Group NV grew its position in PAR Technology by 30.4% during the 4th quarter. KBC Group NV now owns 1,717 shares of the software maker’s stock worth $125,000 after acquiring an additional 400 shares during the last quarter.

Analyst Ratings Changes

A number of equities analysts have commented on PAR shares. Citigroup reissued a “neutral” rating on shares of PAR Technology in a research note on Friday, February 28th. 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. Needham & Company LLC restated a “buy” rating and issued a $90.00 price objective on shares of PAR Technology in a research report on Friday, February 28th. StockNews.com upgraded shares of PAR Technology to a “sell” rating in a research report on Monday, March 3rd. Finally, Benchmark reissued a “buy” rating 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 issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, PAR Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.86.

PAR Technology Trading Up 3.6 %

PAR opened at $59.49 on Friday. The firm’s fifty day moving average is $60.07 and its two-hundred day moving average is $66.90. The firm has a market cap of $2.39 billion, a PE ratio of -237.95 and a beta of 1.95. PAR Technology Co. has a twelve month low of $37.74 and a twelve month high of $82.24. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.91 and a current ratio of 2.13.

PAR Technology (NYSE:PAR) last issued its quarterly earnings data on Friday, February 28th. The software maker reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.17). PAR Technology had a negative return on equity of 8.99% and a negative net margin of 0.66%. The business had revenue of $105.01 million for the quarter, compared to analyst estimates of $99.10 million. During the same period in the previous year, the business posted ($0.33) EPS. The business’s quarterly revenue was up 50.2% compared to the same quarter last year. Equities research analysts anticipate that PAR Technology Co. will post -1.47 EPS for the current 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.