Pacific Ridge Capital Partners LLC Takes $2.32 Million Position in Park Dental Partners, Inc. $PARK

Pacific Ridge Capital Partners LLC bought a new position in Park Dental Partners, Inc. (NASDAQ:PARK) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 156,943 shares of the company’s stock, valued at approximately $2,316,000. Pacific Ridge Capital Partners LLC owned 3.84% of Park Dental Partners as of its most recent SEC filing.

Analyst Upgrades and Downgrades

PARK has been the subject of a number of research reports. Weiss Ratings lowered Park Dental Partners from a “sell (e+)” rating to a “sell (e)” rating in a research report on Monday, April 27th. Wall Street Zen upgraded Park Dental Partners from a “hold” rating to a “buy” rating in a report on Saturday. Two analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Park Dental Partners presently has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Park Dental Partners Trading Up 2.9%

Shares of NASDAQ PARK opened at $18.03 on Tuesday. Park Dental Partners, Inc. has a 12 month low of $9.53 and a 12 month high of $21.59. The stock has a 50 day simple moving average of $17.60.

Park Dental Partners (NASDAQ:PARK) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.37. The business had revenue of $61.21 million during the quarter, compared to the consensus estimate of $59.20 million. On average, research analysts forecast that Park Dental Partners, Inc. will post 1.14 earnings per share for the current fiscal year.

Park Dental Partners Profile

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.