Park Dental Partners (NASDAQ:PARK) Upgraded by Wall Street Zen to “Buy” Rating

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

Separately, Weiss Ratings cut Park Dental Partners from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday, April 27th. 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Park Dental Partners Trading Up 3.9%

Shares of PARK opened at $17.53 on Friday. Park Dental Partners has a 52 week low of $9.53 and a 52 week high of $21.59. The business has a 50-day moving average of $17.69.

Park Dental Partners (NASDAQ:PARK) last issued its earnings results on Wednesday, February 25th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.37. The company had revenue of $61.21 million during the quarter, compared to analysts’ expectations of $59.20 million. On average, research analysts predict that Park Dental Partners will post 1.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Park Dental Partners

A number of large investors have recently bought and sold shares of PARK. Kennedy Capital Management LLC acquired a new position in Park Dental Partners in the 4th quarter worth about $3,478,000. Pacific Ridge Capital Partners LLC acquired a new position in Park Dental Partners in the 4th quarter worth about $2,316,000. Heartland Advisors Inc. acquired a new position in Park Dental Partners in the 4th quarter worth about $2,251,000. Russell Investments Group Ltd. acquired a new position in Park Dental Partners in the 4th quarter worth about $1,522,000. Finally, Boston Partners acquired a new position in shares of Park Dental Partners during the fourth quarter valued at approximately $576,000.

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.