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

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

Several other research firms have also recently weighed in on PARK. Wall Street Zen cut Park Dental Partners from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings raised Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $21.75.

Park Dental Partners Trading Up 1.6%

PARK stock opened at $18.79 on Monday. The stock’s fifty day moving average price is $17.53. Park Dental Partners has a fifty-two week low of $9.53 and a fifty-two week high of $21.59.

Park Dental Partners (NASDAQ:PARK) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $61.21 million for the quarter. As a group, equities analysts expect that Park Dental Partners will post 1.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PARK. Pacific Ridge Capital Partners LLC bought a new position in Park Dental Partners in the fourth quarter valued at about $2,316,000. Heartland Advisors Inc. bought a new position in Park Dental Partners in the fourth quarter valued at about $2,251,000. Boston Partners bought a new position in Park Dental Partners in the fourth quarter valued at about $576,000. Kennedy Capital Management LLC bought a new position in Park Dental Partners in the fourth quarter valued at about $3,478,000. Finally, Russell Investments Group Ltd. bought a new position in Park Dental Partners in the fourth quarter valued at about $1,522,000.

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.