PAR Technology Co. (NYSE:PAR) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. decreased its holdings in shares of PAR Technology Co. (NYSE:PAR) by 5.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,696 shares of the software maker’s stock after selling 314 shares during the quarter. Asset Management One Co. Ltd.’s holdings in PAR Technology were worth $417,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of PAR Technology by 7.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 298,067 shares of the software maker’s stock worth $15,523,000 after purchasing an additional 20,811 shares during the last quarter. Geode Capital Management LLC boosted its holdings 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 purchasing an additional 81,551 shares during the last quarter. Moody National Bank Trust Division boosted its holdings in shares of PAR Technology by 119.2% during the fourth quarter. Moody National Bank Trust Division now owns 24,278 shares of the software maker’s stock worth $1,764,000 after purchasing an additional 13,200 shares during the last quarter. Barclays PLC boosted its holdings in shares of PAR Technology by 431.3% during the third quarter. Barclays PLC now owns 63,536 shares of the software maker’s stock worth $3,310,000 after purchasing an additional 51,578 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in PAR Technology by 6.2% in the third quarter. Franklin Resources Inc. now owns 15,968 shares of the software maker’s stock valued at $903,000 after acquiring an additional 932 shares during the last quarter.

Analysts Set New Price Targets

PAR has been the topic of a number of research analyst reports. Craig Hallum lifted their target price on PAR Technology from $65.00 to $85.00 and gave the company a “buy” rating in a report on Monday, November 11th. StockNews.com raised PAR Technology to a “sell” rating in a research report on Thursday, January 23rd. Benchmark raised their price objective on PAR Technology from $69.00 to $92.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of PAR Technology in a research report on Friday, January 3rd. Finally, The Goldman Sachs Group raised their price objective on PAR Technology from $71.00 to $79.00 and gave the company a “neutral” rating in a research report on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $79.25.

PAR Technology Stock Down 1.8 %

Shares of NYSE PAR opened at $65.36 on Friday. PAR Technology Co. has a 1 year low of $37.74 and a 1 year high of $82.24. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of -261.43 and a beta of 2.22. 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 simple moving average is $71.98 and its 200-day simple moving average is $64.83.

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.