Susquehanna Fundamental Investments LLC Buys Shares of 52,637 Concentra Group Holdings Parent, Inc. (NYSE:CON)

Susquehanna Fundamental Investments LLC bought a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 52,637 shares of the company's stock, valued at approximately $1,041,000.

Other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC bought a new position in shares of Concentra Group Holdings Parent during the 4th quarter worth about $25,000. Quadrant Capital Group LLC bought a new position in Concentra Group Holdings Parent during the fourth quarter worth about $30,000. Motco acquired a new stake in Concentra Group Holdings Parent during the fourth quarter valued at approximately $32,000. Empowered Funds LLC bought a new stake in shares of Concentra Group Holdings Parent in the 4th quarter valued at approximately $49,000. Finally, Nisa Investment Advisors LLC acquired a new position in shares of Concentra Group Holdings Parent in the 4th quarter worth approximately $59,000.

Concentra Group Holdings Parent Price Performance

Shares of Concentra Group Holdings Parent stock traded down $0.04 during midday trading on Wednesday, reaching $21.66. The company had a trading volume of 17,250 shares, compared to its average volume of 769,832. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 5.20. The stock has a fifty day simple moving average of $21.26 and a 200 day simple moving average of $21.30. Concentra Group Holdings Parent, Inc. has a 1-year low of $18.89 and a 1-year high of $24.81. The company has a market capitalization of $2.76 billion and a price-to-earnings ratio of 14.33.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its earnings results on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $465.00 million for the quarter, compared to the consensus estimate of $465.00 million. As a group, equities research analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Tuesday, March 18th. Concentra Group Holdings Parent's dividend payout ratio (DPR) is 16.56%.

Analyst Ratings Changes

Several analysts recently commented on CON shares. JPMorgan Chase & Co. boosted their price target on Concentra Group Holdings Parent from $29.00 to $30.00 and gave the company an "overweight" rating in a research note on Wednesday, March 19th. Wells Fargo & Company dropped their target price 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 boosted their price target 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. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Concentra Group Holdings Parent presently has a consensus rating of "Buy" and an average price target of $28.50.

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.