Park Dental Partners (NASDAQ:PARK) Stock Rating Lowered by Wall Street Zen

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

PARK has been the topic of several other reports. Weiss Ratings upgraded shares of Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, June 9th. 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. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Park Dental Partners currently has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Park Dental Partners Price Performance

Shares of PARK opened at $18.77 on Friday. The firm has a market cap of $84.84 million and a PE ratio of 25.36. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $19.18 and a two-hundred day simple moving average of $18.10. Park Dental Partners has a 1-year low of $9.53 and a 1-year high of $22.67.

Park Dental Partners (NASDAQ:PARK) last released its quarterly 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 for the quarter. On average, equities analysts anticipate that Park Dental Partners will post 0.36 EPS for the current year.

Hedge Funds Weigh In On Park Dental Partners

Several institutional investors have recently bought and sold shares of the stock. Pacific Ridge Capital Partners LLC bought a new stake in Park Dental Partners in the 4th quarter valued at $2,316,000. Heartland Advisors Inc. bought a new position in shares of Park Dental Partners during the 4th quarter valued at about $2,251,000. Boston Partners purchased a new position in shares of Park Dental Partners during the fourth quarter valued at about $576,000. Kennedy Capital Management LLC purchased a new position in shares of Park Dental Partners during the fourth quarter valued at about $3,478,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Park Dental Partners in the fourth quarter worth 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.