Quadrant Capital Group LLC Invests $30,000 in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Quadrant Capital Group LLC purchased a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,535 shares of the company’s stock, valued at approximately $30,000.

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Concentra Group Holdings Parent from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, March 19th. Royal Bank of Canada reissued an “outperform” rating and set a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. 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 on the stock in a research note on Wednesday, March 12th. Finally, Bank of America upped their target price on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $28.50.

Concentra Group Holdings Parent Trading Down 0.7 %

Shares of CON stock opened at $20.21 on Friday. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.89 and a 12-month high of $24.81. The company has a market capitalization of $2.57 billion and a PE ratio of 13.38. The firm has a 50 day moving average price of $21.90 and a two-hundred day moving average price of $21.30. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20.

Concentra Group Holdings Parent (NYSE:CON) last released its quarterly earnings results on Monday, March 3rd. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $465.00 million during the quarter, compared to analyst estimates of $465.00 million. As a group, analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.24%. The ex-dividend date was Tuesday, March 18th. Concentra Group Holdings Parent’s dividend payout ratio is currently 16.56%.

Concentra Group Holdings Parent Company 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.