52,794 Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON) Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 52,794 shares of the company’s stock, valued at approximately $1,044,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Smartleaf Asset Management LLC purchased a new position in shares of Concentra Group Holdings Parent during the fourth quarter valued at approximately $25,000. Motco bought a new stake in Concentra Group Holdings Parent in the fourth quarter valued at $32,000. Empowered Funds LLC purchased a new position in Concentra Group Holdings Parent during the 4th quarter valued at $49,000. Nisa Investment Advisors LLC bought a new position in Concentra Group Holdings Parent in the 4th quarter worth $59,000. Finally, GAMMA Investing LLC purchased a new stake in shares of Concentra Group Holdings Parent in the 4th quarter worth about $64,000.

Concentra Group Holdings Parent Stock Performance

Shares of Concentra Group Holdings Parent stock opened at $21.47 on Friday. The stock has a market cap of $2.73 billion and a price-to-earnings ratio of 14.22. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81. The firm’s 50-day moving average is $22.40 and its 200 day moving average is $21.47.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $465.00 million. Sell-side analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Tuesday, March 18th. Concentra Group Holdings Parent’s payout ratio is currently 16.56%.

Analyst Upgrades and Downgrades

Several brokerages have commented on CON. JPMorgan Chase & Co. raised their price objective on shares of Concentra Group Holdings Parent from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, March 19th. Bank of America upped their price target on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company lowered their price objective on 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. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Concentra Group Holdings Parent currently has a consensus rating of “Buy” and an average target price of $28.50.

Concentra Group Holdings Parent Profile

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.