November 17, 2016 - By Linda Rogers · 0 Comments
3par Inc (NYSE:PAR) institutional sentiment decreased to 0.64 in 2016 Q2. Its down -0.76, from 1.4 in 2016Q1. The ratio is negative, as 9 funds opened new and increased positions, while 14 reduced and sold their stakes in 3par Inc. The funds in our partner’s database now hold: 2.29 million shares, down from 3.34 million shares in 2016Q1. Also, the number of funds holding 3par Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 6 Reduced: 8 Increased: 6 New Position: 3.
PAR Technology Corporation is a well-known provider of systems and service solutions for the hospitality industry. The company has a market cap of $74.76 million. The Firm operates through two divisions: Hospitality and Government. It has a 29.05 P/E ratio. The solutions for the restaurant industry integrate software applications, hardware platforms, software delivery, and installation and lifecycle support services.
The stock increased 6.79% or $0.32 on November 16, hitting $5.03. PAR Technology Corporation (NYSE:PAR) has declined 24.93% since April 15, 2016 and is downtrending. It has underperformed by 29.55% the S&P500.
According to Zacks Investment Research, “PAR TECHNOLOGY CORP. designs, develops, manufactures, markets, installs, and services microprocessor- based transaction processing systems for the restaurant and industrial market-places, Corneal Topography systems for measuring the true topography of the eye and vision inspection systems for the food-processing industry (Commercial Segment). Co. is also engaged in the design and implementation of advanced-technology computer software systems, for the Department of Defense and other Government agencies (Government Segment).”
Thompson Davis & Co. Inc. holds 0.13% of its portfolio in PAR Technology Corporation for 16,599 shares. Rbf Capital Llc owns 95,717 shares or 0.09% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.02% invested in the company for 307,742 shares. The New York-based Spark Investment Management Llc has invested 0.01% in the stock. Acadian Asset Management Llc, a Massachusetts-based fund reported 27,453 shares.#img1#
PAR Technology Corporation (PAR), incorporated on April 21, 1992, is a well-known provider of systems and service solutions for the hospitality industry. The Firm operates through two divisions: Hospitality and Government.
More recent PAR Technology Corporation (NYSE:PAR) news were published by: Businesswire.com which released: “PAR Technology Corporation Announces 2016 Third Quarter Results from …” on November 14, 2016. Also Businesswire.com published the news titled: “PAR Technology Corporation Releases Fiscal 2016 Third Quarter Financial …” on November 03, 2016. Businesswire.com‘s news article titled: “PAR Technology Announces New $3.0 Million U.S. Navy Subcontract Award at Dixon, CA” with publication date: January 12, 2016 was also an interesting one.
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By Linda Rogers