Park Dental Partners (NASDAQ:PARK) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of Park Dental Partners (NASDAQ:PARK) from a buy rating to a hold rating in a research note published on Sunday morning.

Separately, Weiss Ratings raised Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Park Dental Partners presently has an average rating of “Moderate Buy” and an average price target of $21.75.

Park Dental Partners Stock Performance

PARK opened at $18.13 on Friday. Park Dental Partners has a one year low of $9.53 and a one year high of $21.59. The stock has a fifty day moving average price of $17.55.

Park Dental Partners (NASDAQ:PARK) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.30 EPS for the quarter. The firm had revenue of $61.21 million during the quarter. On average, research analysts forecast that Park Dental Partners will post 1.14 EPS for the current year.

Institutional Investors Weigh In On Park Dental Partners

A number of institutional investors and hedge funds have recently modified their holdings of PARK. Boston Partners acquired a new stake in shares of Park Dental Partners during the fourth quarter worth $576,000. Sei Investments Co. raised its position 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 worth $583,000 after purchasing an additional 17,383 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Park Dental Partners during the fourth quarter worth $1,522,000. Heartland Advisors Inc. acquired a new position in Park Dental Partners during the fourth quarter valued at $2,251,000. Finally, Pacific Ridge Capital Partners LLC acquired a new position in Park Dental Partners during the fourth quarter valued at $2,316,000.

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.