Cubist Systematic Strategies LLC Invests $4.04 Million in Concentra Group Holdings Parent, Inc. $CON

Key Points

• Cubist Systematic Strategies LLC acquired 186,139 shares of Concentra Group Holdings Parent, Inc. valued at approximately $4,039,000, representing about 0.15% ownership.
• The company's dividend yield stands at 1.1%, with a recent quarterly dividend of $0.0625 paid to stockholders on August 28th.
• Concentra Group Holdings reported a 15.2% increase in quarterly revenue year-over-year, reaching $550.80 million, while EPS met analysts' expectations at $0.37.

Cubist Systematic Strategies LLC acquired a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 186,139 shares of the company's stock, valued at approximately $4,039,000. Cubist Systematic Strategies LLC owned about 0.15% of Concentra Group Holdings Parent at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CON. Shell Asset Management Co. acquired a new stake in Concentra Group Holdings Parent in the fourth quarter worth $48,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Concentra Group Holdings Parent in the 1st quarter valued at $53,000. Quarry LP acquired a new stake in Concentra Group Holdings Parent during the 1st quarter worth $63,000. Nisa Investment Advisors LLC lifted its holdings in Concentra Group Holdings Parent by 19.3% during the first quarter. Nisa Investment Advisors LLC now owns 3,574 shares of the company's stock worth $78,000 after acquiring an additional 577 shares in the last quarter. Finally, CX Institutional bought a new position in Concentra Group Holdings Parent during the first quarter worth about $110,000.

Concentra Group Holdings Parent Trading Down 2.5%

Shares of Concentra Group Holdings Parent stock traded down $0.54 during trading hours on Wednesday, hitting $21.65. The company's stock had a trading volume of 1,057,707 shares, compared to its average volume of 1,024,409. The company has a market capitalization of $2.77 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a 50 day moving average of $21.46 and a 200 day moving average of $21.43. Concentra Group Holdings Parent, Inc. has a 12 month low of $18.89 and a 12 month high of $24.32.

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

Concentra Group Holdings Parent Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 21st were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 21st. Concentra Group Holdings Parent's dividend payout ratio is 21.01%.

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.