Susquehanna Fundamental Investments LLC Takes $1.04 Million Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Susquehanna Fundamental Investments LLC bought a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 52,637 shares of the company's stock, valued at approximately $1,041,000.

A number of other large investors also recently bought and sold shares of the stock. HBK Investments L P acquired a new stake in shares of Concentra Group Holdings Parent during the 4th quarter worth $17,654,000. Voya Investment Management LLC acquired a new stake in Concentra Group Holdings Parent during the fourth quarter worth about $641,000. Syon Capital LLC purchased a new position in shares of Concentra Group Holdings Parent in the 4th quarter worth about $232,000. Hood River Capital Management LLC acquired a new position in shares of Concentra Group Holdings Parent in the 4th quarter valued at about $5,249,000. Finally, T. Rowe Price Investment Management Inc. grew its holdings in shares of Concentra Group Holdings Parent by 164.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 8,610,562 shares of the company's stock worth $170,317,000 after purchasing an additional 5,351,343 shares during the period.

Concentra Group Holdings Parent Stock Down 0.8 %

Shares of Concentra Group Holdings Parent stock traded down $0.18 on Monday, hitting $21.60. 456,070 shares of the company's stock traded hands, compared to its average volume of 775,184. Concentra Group Holdings Parent, Inc. has a 52-week low of $18.89 and a 52-week high of $24.81. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20. The stock has a market cap of $2.75 billion and a P/E ratio of 14.30. The firm's 50-day moving average is $21.31 and its 200 day moving average is $21.30.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $465.00 million for the quarter, compared to the consensus estimate of $465.00 million. Equities analysts anticipate 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 disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Tuesday, March 18th. Concentra Group Holdings Parent's payout ratio is currently 16.56%.

Analyst Ratings Changes

CON has been the subject of several research reports. Royal Bank of Canada reiterated an "outperform" rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Wells Fargo & Company cut their price objective on Concentra Group Holdings Parent from $27.00 to $25.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 12th. JPMorgan Chase & Co. boosted 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. Finally, Bank of America boosted their price target on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $28.50.

About Concentra Group Holdings Parent

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.