Signaturefd LLC Has $44,000 Stock Holdings in PAR Technology Co. (NYSE:PAR)

Signaturefd LLC grew its holdings in PAR Technology Co. (NYSE:PAR) by 85.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 605 shares of the software maker’s stock after acquiring an additional 279 shares during the period. Signaturefd LLC’s holdings in PAR Technology were worth $44,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PAR. US Bancorp DE raised its stake in shares of PAR Technology by 104.3% in the 4th 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 bought a new stake in PAR Technology during the fourth quarter worth approximately $113,000. KBC Group NV grew its holdings in PAR Technology by 30.4% during the fourth quarter. KBC Group NV now owns 1,717 shares of the software maker’s stock valued at $125,000 after purchasing an additional 400 shares during the last quarter. Principal Financial Group Inc. bought a new position in shares of PAR Technology in the fourth quarter valued at approximately $205,000. Finally, Cibc World Markets Corp acquired a new stake in shares of PAR Technology in the fourth quarter worth $229,000.

PAR Technology Price Performance

Shares of PAR stock opened at $63.61 on Wednesday. The company has a market capitalization of $2.56 billion, a P/E ratio of -254.43 and a beta of 2.20. The company has a current ratio of 2.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.67. PAR Technology Co. has a 12 month low of $37.74 and a 12 month high of $82.24. The stock has a 50 day moving average of $67.06 and a two-hundred day moving average of $66.69.

PAR Technology (NYSE:PAR) last posted its quarterly earnings results on Friday, February 28th. The software maker reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the firm earned ($0.33) EPS. The firm’s quarterly revenue was up 50.2% on a year-over-year basis. As a group, equities analysts expect that PAR Technology Co. will post -1.47 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of PAR Technology from $71.00 to $79.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. Citigroup reaffirmed 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 PAR Technology to a “sell” rating in a research note on Monday, March 3rd. Finally, Stephens reaffirmed an “overweight” rating and issued a $90.00 target price on shares of PAR Technology in a 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 issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.