1 week Ago By ABMN Staff
Barclays PLC lifted its stake in Concentra Group Holdings Parent, Inc. ( NYSE:CON – Free Report ) by 530.8% in the fourth quarter, HoldingsChannel reports.
The fund owned 200,340 shares of the company’s stock after purchasing an additional 168,579 shares during the quarter. Barclays PLC’s holdings in Concentra Group Holdings Parent were worth $3,963,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also made changes to their positions in the stock.
Smartleaf Asset Management LLC bought a new position in Concentra Group Holdings Parent during the 4th quarter valued at $25,000. Quadrant Capital Group LLC acquired a new stake in shares of Concentra Group Holdings Parent in the fourth quarter valued at $30,000. Motco bought a new position in Concentra Group Holdings Parent during the fourth quarter valued at about $32,000.
Empowered Funds LLC acquired a new position in Concentra Group Holdings Parent during the fourth quarter worth about $49,000. Finally, Nisa Investment Advisors LLC bought a new stake in Concentra Group Holdings Parent in the fourth quarter worth about $59,000. Analyst Ratings Changes Several research firms have recently weighed in on CON.
Wells Fargo & Company reduced their price objective on shares of Concentra Group Holdings Parent from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th.
Bank of America raised their target price on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd.
Royal Bank of Canada reaffirmed an “outperform” rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co.
raised their price objective on Concentra Group Holdings Parent from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 19th.
Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, Concentra Group Holdings Parent presently has an average rating of “Buy” and an average price target of $28.50.
Concentra Group Holdings Parent Trading Down 0.1 % NYSE CON opened at $21.24 on Monday.
The firm’s 50 day moving average price is $21.46 and its two-hundred day moving average price is $21.27.
The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.
52. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.
89 and a twelve month high of $24.81. The stock has a market cap of $2.
70 billion and a price-to-earnings ratio of 14.07. Concentra Group Holdings Parent ( NYSE:CON – Get Free Report ) last posted its quarterly earnings results on Monday, March 3rd.
The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.
01. The business had revenue of $465.00 million for the quarter, compared to analyst estimates of $465.
00 million. Equities analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.
47 EPS for the current year. Concentra Group Holdings Parent Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th were given a $0.
0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.
18%. The ex-dividend date was Tuesday, March 18th. Concentra Group Holdings Parent’s dividend payout ratio (DPR) is 16.
56%. About Concentra Group Holdings Parent ( Free Report ) Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.
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