Renaissance Technologies LLC lowered its stake in shares of PAR Technology Co. (NYSE:PAR) by 28.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 227,100 shares of the software maker’s stock after selling 88,600 shares during the quarter. Renaissance Technologies LLC’s holdings in PAR Technology were worth $2,123,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in shares of PAR Technology by 141.6% during the 4th quarter. Wells Fargo & Company MN now owns 10,876 shares of the software maker’s stock valued at $101,000 after purchasing an additional 6,375 shares during the last quarter. Northern Trust Corp grew its holdings in shares of PAR Technology by 15.1% during the 2nd quarter. Northern Trust Corp now owns 50,296 shares of the software maker’s stock valued at $428,000 after purchasing an additional 6,597 shares during the last quarter. Algert Global LLC grew its holdings in shares of PAR Technology by 76.9% during the 4th quarter. Algert Global LLC now owns 237,219 shares of the software maker’s stock valued at $2,218,000 after purchasing an additional 103,142 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of PAR Technology by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 864,671 shares of the software maker’s stock valued at $9,027,000 after purchasing an additional 34,105 shares during the last quarter. 32.44% of the stock is currently owned by institutional investors.

PAR stock opened at $14.71 on Friday. PAR Technology Co. has a 52 week low of $7.31 and a 52 week high of $16.45. The firm has a market cap of $216.70, a P/E ratio of 56.33 and a beta of -0.61.

PAR Technology (NYSE:PAR) last released its earnings results on Thursday, March 15th. The software maker reported $0.01 EPS for the quarter. PAR Technology had a negative net margin of 1.46% and a positive return on equity of 5.26%. The company had revenue of $55.54 million for the quarter.

PAR has been the topic of several recent research reports. ValuEngine raised shares of PAR Technology from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. TheStreet lowered shares of PAR Technology from a “b” rating to a “c” rating in a report on Wednesday, April 11th.

PAR Technology Profile

PAR Technology Corporation, together with its subsidiaries, provides management technology solutions worldwide. The company operates through two segments, Restaurant/Retail and Government. The Restaurant/Retail segment offers cloud and on-premise software applications and hardware platforms, as well as related installation, technical, and maintenance support services.

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Institutional Ownership by Quarter for PAR Technology (NYSE:PAR)

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