State Board of Administration of Florida Retirement System Has $133,000 Stake in Priority Technology Holdings, Inc. (NASDAQ:PRTH)

State Board of Administration of Florida Retirement System trimmed its position in shares of Priority Technology Holdings, Inc. (NASDAQ:PRTH – Get Rating) by 18.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 25,370 shares of the company’s stock after selling 5,870 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Priority Technology were worth $133,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. American International Group Inc. lifted its holdings in shares of Priority Technology by 49.7% during the 2nd quarter. American International Group Inc. now owns 8,386 shares of the company’s stock valued at $28,000 after buying an additional 2,785 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Priority Technology by 41.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,583 shares of the company’s stock worth $32,000 after purchasing an additional 2,791 shares during the last quarter. BNP Paribas Arbitrage SNC lifted its holdings in Priority Technology by 102.7% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 7,884 shares of the company’s stock worth $36,000 after purchasing an additional 3,995 shares during the last quarter. UBS Group AG lifted its holdings in Priority Technology by 68.2% in the 1st quarter. UBS Group AG now owns 7,184 shares of the company’s stock worth $42,000 after purchasing an additional 2,913 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Priority Technology during the second quarter valued at approximately $60,000. 11.89% of the stock is currently owned by institutional investors and hedge funds.

Priority Technology Trading Down 6.1 %

PRTH opened at $3.37 on Wednesday. The stock has a market cap of $257.81 million, a PE ratio of -6.24 and a beta of 1.02. Priority Technology Holdings, Inc. has a 1 year low of $2.99 and a 1 year high of $6.16. The stock’s 50 day simple moving average is $3.65 and its 200-day simple moving average is $4.42.

Priority Technology (NASDAQ:PRTH – Get Rating) last released its quarterly earnings data on Thursday, March 23rd. The company reported ($0.15) earnings per share (EPS) for the quarter. The firm had revenue of $177.56 million for the quarter. Priority Technology had a negative net margin of 0.33% and a negative return on equity of 9.38%.

About Priority Technology

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Priority Technology Holdings, Inc engages in the provision of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. It offers unique product capabilities to businesses, enterprises and distribution partners such as retail independent sales organizations, financial institutions, wholesale ISOs, and independent software vendors in the United States.