Park Dental Partners (NASDAQ:PARK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Park Dental Partners (NASDAQ:PARK) from a hold rating to a buy rating in a report issued on Saturday.

Separately, Weiss Ratings lowered shares of Park Dental Partners from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $21.75.

Park Dental Partners Stock Up 2.9%

NASDAQ:PARK opened at $18.03 on Friday. The company’s 50 day moving average price is $17.60. Park Dental Partners has a 1-year low of $9.53 and a 1-year high of $21.59.

Park Dental Partners (NASDAQ:PARK) last posted its earnings results on Wednesday, February 25th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.37. The firm had revenue of $61.21 million for the quarter, compared to analysts’ expectations of $59.20 million. Analysts expect that Park Dental Partners will post 1.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Park Dental Partners

Several institutional investors and hedge funds have recently added to or reduced their stakes in PARK. Boston Partners acquired a new stake in Park Dental Partners during the 4th quarter worth $576,000. Russell Investments Group Ltd. acquired a new position in shares of Park Dental Partners during the 4th quarter valued at about $1,522,000. Heartland Advisors Inc. acquired a new position in shares of Park Dental Partners during the 4th quarter valued at about $2,251,000. Pacific Ridge Capital Partners LLC acquired a new position in shares of Park Dental Partners during the 4th quarter valued at about $2,316,000. Finally, Kennedy Capital Management LLC acquired a new position in shares of Park Dental Partners during the 4th quarter valued at about $3,478,000.

About Park Dental Partners

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.