Bank of New York Mellon Corp Has $154,000 Position in PAR Technology Corporation (PAR)
Bank of New York Mellon Corp cut its stake in shares of PAR Technology Corporation (NYSE:PAR) by 0.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,135 shares of the software maker’s stock after selling 3 shares during the period. Bank of New York Mellon Corp owned about 0.11% of PAR Technology Corporation worth $154,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PAR. Granite Investment Partners LLC bought a new stake in PAR Technology Corporation during the second quarter valued at about $1,451,000. Algert Global LLC raised its holdings in PAR Technology Corporation by 57.7% during the second quarter. Algert Global LLC now owns 80,864 shares of the software maker’s stock valued at $688,000 after acquiring an additional 29,602 shares during the period. Finally, Eagle Global Advisors LLC bought a new stake in PAR Technology Corporation during the second quarter valued at about $142,000. Institutional investors own 21.92% of the company’s stock.
Shares of PAR Technology Corporation (NYSE:PAR) opened at $10.95 on Monday. The company has a market capitalization of $174.18, a PE ratio of 20.66 and a beta of -0.05. PAR Technology Corporation has a twelve month low of $4.69 and a twelve month high of $11.79.
PAR Technology Corporation (NYSE:PAR) last posted its quarterly earnings results on Tuesday, August 15th. The software maker reported $0.16 EPS for the quarter. PAR Technology Corporation had a return on equity of 11.87% and a net margin of 2.29%. The business had revenue of $62.26 million for the quarter.
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PAR Technology Corporation Company Profile
PAR Technology Corporation (PAR) is a provider of systems and service solutions for the hospitality industry. The Company operates through two segments: Hospitality and Government. The solutions for the restaurant industry integrate software applications, hardware platforms, software delivery, and installation and lifecycle support services.
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