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 note issued to investors on Monday,Zacks.com reports.

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

Park Dental Partners Stock Up 1.6%

PARK stock opened at $18.79 on Monday. The stock has a 50 day moving average of $17.53. Park Dental Partners has a 52 week low of $9.53 and a 52 week high of $21.59.

Park Dental Partners (NASDAQ:PARK) last released its earnings results on Wednesday, March 25th. The company reported $0.30 EPS for the quarter. The company had revenue of $61.21 million during the quarter. As a group, equities research analysts forecast that Park Dental Partners will post 1.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PARK. Boston Partners acquired a new position in Park Dental Partners in the fourth quarter valued at about $576,000. Sei Investments Co. lifted its position in Park Dental Partners by 100.0% in the first quarter. Sei Investments Co. now owns 34,766 shares of the company’s stock valued at $583,000 after buying an additional 17,383 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Park Dental Partners in the fourth quarter valued at about $1,522,000. Heartland Advisors Inc. acquired a new position in Park Dental Partners in the fourth quarter valued at about $2,251,000. Finally, Pacific Ridge Capital Partners LLC acquired a new stake in shares of Park Dental Partners during the fourth quarter worth about $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.