Pacific Ridge Capital Partners LLC Makes New $2.32 Million Investment in Park Dental Partners, Inc. $PARK

Pacific Ridge Capital Partners LLC acquired a new stake in shares of Park Dental Partners, Inc. (NASDAQ:PARK) during the fourth quarter, HoldingsChannel reports. The firm acquired 156,943 shares of the company’s stock, valued at approximately $2,316,000.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Weiss Ratings cut shares of Park Dental Partners from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday, April 27th. Wall Street Zen raised shares of Park Dental Partners from a “hold” rating to a “buy” rating in a research note on Saturday. Two investment 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.75.

Park Dental Partners Price Performance

Park Dental Partners stock opened at $18.03 on Tuesday. The business’s fifty day moving average is $17.60. Park Dental Partners, Inc. has a 52-week low of $9.53 and a 52-week high of $21.59.

Park Dental Partners (NASDAQ:PARK) last posted its earnings results on Wednesday, February 25th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.37. The firm had revenue of $61.21 million during the quarter, compared to the consensus estimate of $59.20 million. Equities analysts anticipate that Park Dental Partners, Inc. will post 1.14 EPS for the current fiscal year.

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.