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

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

Several other analysts have also recently commented on PARK. 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. 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. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.75.

Park Dental Partners Trading Down 5.0%

Shares of PARK stock opened at $18.77 on Friday. Park Dental Partners has a 12-month low of $9.53 and a 12-month high of $22.67. The firm has a 50-day moving average price of $19.18 and a 200 day moving average price of $18.08. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $84.84 million and a P/E ratio of 25.36.

Park Dental Partners (NASDAQ:PARK) last announced its earnings results on Wednesday, March 25th. The company reported $0.30 EPS for the quarter. The business had revenue of $61.21 million during the quarter. Research analysts forecast that Park Dental Partners will post 0.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Sei Investments Co. grew its position in shares of Park Dental Partners by 100.0% during the 1st quarter. Sei Investments Co. now owns 34,766 shares of the company’s stock worth $583,000 after buying an additional 17,383 shares during the period. Boston Partners acquired a new position in Park Dental Partners in the fourth quarter valued at approximately $576,000. Russell Investments Group Ltd. bought a new position in Park Dental Partners in the fourth quarter valued at approximately $1,522,000. Heartland Advisors Inc. bought a new position in Park Dental Partners in the fourth quarter valued at approximately $2,251,000. Finally, Pacific Ridge Capital Partners LLC acquired a new stake in Park Dental Partners during the 4th quarter worth $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.