Park Dental Partners (NASDAQ:PARK) Upgraded at Wall Street Zen

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.

Several other brokerages also recently issued reports on PARK. Zacks Research downgraded shares of Park Dental Partners from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Weiss Ratings raised shares of Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, June 9th. Craig Hallum reiterated a “buy” rating and set a $30.00 target price on shares of Park Dental Partners in a research note on Friday. Finally, Northland Securities set a $27.00 price target on Park Dental Partners in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Park Dental Partners has an average rating of “Moderate Buy” and an average target price of $28.50.

Park Dental Partners Stock Down 0.4%

PARK stock opened at $22.88 on Friday. The company has a fifty day moving average price of $19.62 and a 200 day moving average price of $18.54. Park Dental Partners has a 12 month low of $9.53 and a 12 month high of $26.79. The company has a market cap of $103.42 million and a price-to-earnings ratio of 30.92. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.12 and a quick ratio of 1.12.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Punch & Associates Investment Management Inc. acquired a new stake in shares of Park Dental Partners during the 2nd quarter valued at approximately $1,444,000. Heartland Advisors Inc. acquired a new stake in shares of Park Dental Partners in the 2nd quarter worth approximately $4,310,000. BlackRock Inc. acquired a new stake in shares of Park Dental Partners in the 2nd quarter worth approximately $120,000. Sei Investments Co. increased its stake in Park Dental Partners by 100.0% in the 1st quarter. Sei Investments Co. now owns 34,766 shares of the company’s stock valued at $583,000 after purchasing an additional 17,383 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in Park Dental Partners during the fourth quarter worth $1,522,000.

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.