Uniplan Investment Counsel Inc. grew its holdings in shares of Park City Group, Inc. (NASDAQ:PCYG) by 602.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 590,569 shares of the technology company’s stock after purchasing an additional 506,477 shares during the period. Uniplan Investment Counsel Inc. owned 3.04% of Park City Group worth $7,175,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of PCYG. Neuberger Berman Group LLC acquired a new stake in shares of Park City Group during the second quarter worth $122,000. Connors Investor Services Inc. acquired a new stake in shares of Park City Group during the second quarter worth $123,000. The Manufacturers Life Insurance Company raised its holdings in shares of Park City Group by 15.2% during the second quarter. The Manufacturers Life Insurance Company now owns 11,544 shares of the technology company’s stock worth $140,000 after purchasing an additional 1,519 shares during the period. Rhumbline Advisers raised its holdings in shares of Park City Group by 3.4% during the second quarter. Rhumbline Advisers now owns 12,555 shares of the technology company’s stock worth $153,000 after purchasing an additional 415 shares during the period. Finally, Ingalls & Snyder LLC acquired a new stake in shares of Park City Group during the second quarter worth $185,000. 31.11% of the stock is currently owned by institutional investors.
Shares of Park City Group, Inc. (NASDAQ:PCYG) opened at $10.85 on Thursday. The firm has a market cap of $212.94, a price-to-earnings ratio of 84.23, a price-to-earnings-growth ratio of 2.37 and a beta of 1.34. Park City Group, Inc. has a twelve month low of $9.95 and a twelve month high of $17.00. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.06.
Park City Group (NASDAQ:PCYG) last issued its earnings results on Wednesday, September 13th. The technology company reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.02). Park City Group had a return on equity of 10.33% and a net margin of 17.98%. The business had revenue of $5.19 million for the quarter, compared to analyst estimates of $5.03 million. sell-side analysts anticipate that Park City Group, Inc. will post 0.21 EPS for the current fiscal year.
A number of analysts have weighed in on PCYG shares. DA Davidson started coverage on shares of Park City Group in a report on Wednesday, September 6th. They set a “buy” rating and a $15.00 target price on the stock. Zacks Investment Research cut shares of Park City Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th.
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Park City Group Profile
Park City Group, Inc is a software-as-a-service (SaaS) provider. The Company delivers its services through software products designed, developed, marketed and supported by the Company. The Company also has a Professional Services business, which conducts customization, implementation and training. The Company has approximately two services groups, such as The Business Analytics Group and The Professional Services Group.
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