Market Runner: 3par Inc (NYSE:PAR) 2016 Q2 Sentiment Report

November 17, 2016 - By Linda Rogers   ·   0 Comments

Market Runner: 3par Inc (NYSE:PAR)  2016 Q2 Sentiment Report

Sentiment for 3par Inc (NYSE:PAR)

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 Company Profile

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Linda Rogers


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>