Park Dental Partners (NASDAQ:PARK) Stock Rating Upgraded by Zacks Research

Park Dental Partners (NASDAQ:PARK) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Weiss Ratings upgraded shares of Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, May 12th. Wall Street Zen downgraded shares of Park Dental Partners from a “buy” rating to a “hold” rating in a research note on Sunday. Three equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Park Dental Partners presently has an average rating of “Buy” and a consensus target price of $21.75.

Park Dental Partners Stock Performance

Shares of PARK opened at $18.79 on Monday. Park Dental Partners has a 1 year low of $9.53 and a 1 year high of $21.59. The stock’s 50-day simple moving average is $17.53.

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 firm had revenue of $61.21 million during the quarter. As a group, analysts predict that Park Dental Partners will post 1.59 EPS for the current year.

Institutional Trading of Park Dental Partners

Institutional investors have recently modified their holdings of the company. Pacific Ridge Capital Partners LLC purchased a new stake in shares of Park Dental Partners during the 4th quarter worth about $2,316,000. Kennedy Capital Management LLC purchased a new stake in shares of Park Dental Partners during the 4th quarter worth about $3,478,000. Heartland Advisors Inc. purchased a new stake in shares of Park Dental Partners during the 4th quarter worth about $2,251,000. Russell Investments Group Ltd. purchased a new stake in shares of Park Dental Partners during the 4th quarter worth about $1,522,000. Finally, Boston Partners purchased a new stake in shares of Park Dental Partners during the 4th quarter worth about $576,000.

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.