Park Dental Partners (NASDAQ:PARK) Raised to Buy at Wall Street Zen

Park Dental Partners (NASDAQ:PARK) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other brokerages have also weighed in on PARK. Zacks Research lowered Park Dental Partners from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Weiss Ratings raised Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Park Dental Partners has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Park Dental Partners Trading Up 0.2%

Shares of PARK opened at $17.98 on Friday. Park Dental Partners has a 12-month low of $9.53 and a 12-month high of $22.62. The stock’s fifty day moving average price is $18.20.

Park Dental Partners (NASDAQ:PARK) last issued its earnings results on Wednesday, March 25th. The company reported $0.30 earnings per share for the quarter. The company had revenue of $61.21 million during the quarter. As a group, analysts predict that Park Dental Partners will post 0.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Boston Partners acquired a new position in shares of Park Dental Partners during the fourth quarter valued at $576,000. Sei Investments Co. increased its holdings in shares of Park Dental Partners by 100.0% during the first quarter. Sei Investments Co. now owns 34,766 shares of the company’s stock valued at $583,000 after purchasing an additional 17,383 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of Park Dental Partners during the fourth quarter valued at $1,522,000. Heartland Advisors Inc. acquired a new position in shares of Park Dental Partners during the fourth quarter valued at $2,251,000. Finally, Pacific Ridge Capital Partners LLC acquired a new position in shares of Park Dental Partners during the fourth quarter valued at $2,316,000.

Park Dental Partners Company Profile

Park Dental Partners (NASDAQ: PARK) is a dental support organization that provides business and administrative services to affiliated dental practices. The company focuses on enabling dental clinicians to concentrate on patient care by delivering centralized non-clinical functions that support day-to-day operations and practice growth.

Services typically offered by Park Dental Partners include practice management, billing and revenue cycle management, procurement and supply-chain support, information technology, human resources, marketing and patient acquisition, and regulatory and compliance assistance.