Walleye Capital LLC Takes $1.55 Million Position in Concentra Group Holdings Parent, Inc. $CON

Key Points

• Walleye Capital LLC has acquired a total of 71,600 shares in Concentra Group Holdings Parent, Inc., valued at approximately $1.554 million, representing about 0.06% ownership.
• Concentra Group Holdings reported a 15.2% increase in quarterly revenue year-over-year, with earnings per share matching estimates at $0.37.
• The company declared a quarterly dividend of $0.0625 per share, yielding an annualized dividend of 1.1% and a payout ratio of 21.01%.

Walleye Capital LLC acquired a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 71,600 shares of the company's stock, valued at approximately $1,554,000. Walleye Capital LLC owned approximately 0.06% of Concentra Group Holdings Parent as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC grew its position in Concentra Group Holdings Parent by 19.3% in the first quarter. Nisa Investment Advisors LLC now owns 3,574 shares of the company's stock valued at $78,000 after acquiring an additional 577 shares in the last quarter. Foundry Partners LLC grew its position in Concentra Group Holdings Parent by 12.4% in the first quarter. Foundry Partners LLC now owns 12,253 shares of the company's stock valued at $266,000 after acquiring an additional 1,350 shares in the last quarter. Shell Asset Management Co. acquired a new stake in Concentra Group Holdings Parent in the fourth quarter valued at approximately $48,000. Caitong International Asset Management Co. Ltd acquired a new stake in Concentra Group Holdings Parent in the first quarter valued at approximately $53,000. Finally, GAMMA Investing LLC grew its position in Concentra Group Holdings Parent by 131.0% in the first quarter. GAMMA Investing LLC now owns 7,419 shares of the company's stock valued at $161,000 after acquiring an additional 4,208 shares in the last quarter.

Concentra Group Holdings Parent Stock Down 0.4%

NYSE:CON traded down $0.11 during trading hours on Thursday, hitting $23.58. The stock had a trading volume of 1,528,080 shares, compared to its average volume of 929,021. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 4.75. Concentra Group Holdings Parent, Inc. has a 1-year low of $18.89 and a 1-year high of $24.77. The business has a 50 day simple moving average of $21.33 and a two-hundred day simple moving average of $21.46. The company has a market cap of $3.02 billion, a PE ratio of 19.81, a price-to-earnings-growth ratio of 2.16 and a beta of 0.98.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $550.80 million during the quarter, compared to the consensus estimate of $537.36 million. Concentra Group Holdings Parent had a net margin of 7.44% and a return on equity of 50.84%. Concentra Group Holdings Parent's revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter last year, the company earned $0.49 earnings per share. Concentra Group Holdings Parent has set its FY 2025 guidance at EPS. Analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 21st were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, August 21st. Concentra Group Holdings Parent's dividend payout ratio is 21.01%.

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.