Park Dental Partners (NASDAQ:PARK) Lowered to “Hold” Rating by Wall Street Zen

Park Dental Partners (NASDAQ:PARK) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

A number of other analysts have also recently issued reports on the stock. Zacks Research cut shares of Park Dental Partners from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Weiss Ratings raised shares of Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Park Dental Partners presently has an average rating of “Moderate Buy” and an average price target of $21.75.

Park Dental Partners Trading Down 5.0%

Shares of NASDAQ:PARK opened at $18.77 on Friday. The stock has a 50 day moving average of $19.18 and a 200 day moving average of $18.08. The company has a market cap of $84.84 million and a PE ratio of 25.36. Park Dental Partners has a 12-month low of $9.53 and a 12-month high of $22.67. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.38.

Park Dental Partners (NASDAQ:PARK) last released its earnings results on Wednesday, March 25th. The company reported $0.30 EPS for the quarter. The firm had revenue of $61.21 million for the quarter. As a group, equities research analysts expect that Park Dental Partners will post 0.36 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PARK. Kennedy Capital Management LLC bought a new stake in shares of Park Dental Partners during the fourth quarter valued at approximately $3,478,000. Pacific Ridge Capital Partners LLC bought a new position in shares of Park Dental Partners during the fourth quarter worth $2,316,000. Heartland Advisors Inc. bought a new position in shares of Park Dental Partners during the fourth quarter worth $2,251,000. Russell Investments Group Ltd. purchased a new position in Park Dental Partners during the fourth quarter valued at $1,522,000. Finally, Boston Partners bought a new position in Park Dental Partners during the fourth quarter valued at approximately $576,000.

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.