Janus Henderson Group PLC Invests $1.01 Million in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Janus Henderson Group PLC bought a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 51,011 shares of the company's stock, valued at approximately $1,010,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Price T Rowe Associates Inc. MD grew its position in shares of Concentra Group Holdings Parent by 450.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,340,387 shares of the company's stock valued at $342,994,000 after purchasing an additional 14,188,333 shares during the period. Vanguard Group Inc. grew its position in shares of Concentra Group Holdings Parent by 421.0% in the 4th quarter. Vanguard Group Inc. now owns 12,322,623 shares of the company's stock valued at $243,741,000 after purchasing an additional 9,957,396 shares during the period. T. Rowe Price Investment Management Inc. grew its position in shares of Concentra Group Holdings Parent by 164.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 8,610,562 shares of the company's stock valued at $170,317,000 after purchasing an additional 5,351,343 shares during the period. Dimensional Fund Advisors LP acquired a new position in shares of Concentra Group Holdings Parent in the 4th quarter valued at approximately $65,746,000. Finally, JPMorgan Chase & Co. grew its position in shares of Concentra Group Holdings Parent by 57.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,245,943 shares of the company's stock valued at $64,205,000 after purchasing an additional 1,188,585 shares during the period.

Analyst Ratings Changes

Several brokerages recently issued reports on CON. Wells Fargo & Company decreased 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. JPMorgan Chase & Co. boosted their price objective on 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. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, Concentra Group Holdings Parent currently has a consensus rating of "Buy" and a consensus price target of $28.50.

Concentra Group Holdings Parent Stock Up 0.2%

NYSE CON traded up $0.05 during trading on Thursday, hitting $21.51. The stock had a trading volume of 58,939 shares, compared to its average volume of 757,414. The company has a market capitalization of $2.74 billion and a PE ratio of 16.05. The company's 50-day moving average price is $21.30 and its two-hundred day moving average price is $21.44. 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 12 month low of $18.89 and a 12 month high of $24.81.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The firm had revenue of $500.80 million during the quarter, compared to the consensus estimate of $496.06 million. The company's revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. As a group, sell-side analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Tuesday, May 20th will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.16%. The ex-dividend date is Tuesday, May 20th. Concentra Group Holdings Parent's payout ratio is 18.66%.

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.