Mackenzie Financial Corp Makes New $688,000 Investment in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Mackenzie Financial Corp bought a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,684 shares of the company's stock, valued at approximately $688,000.

Other large investors also recently modified their holdings of the company. Quadrant Capital Group LLC bought a new stake in Concentra Group Holdings Parent during the 4th quarter valued at approximately $30,000. Shell Asset Management Co. purchased a new position in shares of Concentra Group Holdings Parent during the fourth quarter valued at approximately $48,000. Nisa Investment Advisors LLC lifted its holdings in shares of 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 valued at $78,000 after purchasing an additional 577 shares during the last quarter. Covestor Ltd purchased a new position in shares of Concentra Group Holdings Parent during the fourth quarter valued at approximately $81,000. Finally, CX Institutional purchased a new position in shares of Concentra Group Holdings Parent during the first quarter valued at approximately $110,000.

Concentra Group Holdings Parent Stock Up 6.9%

NYSE CON traded up $1.40 during mid-day trading on Friday, reaching $21.60. The stock had a trading volume of 975,005 shares, compared to its average volume of 766,271. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81. The stock has a market cap of $2.77 billion and a PE ratio of 18.15. The company has a fifty day moving average price of $20.63 and a 200 day moving average price of $21.44. The company has a debt-to-equity ratio of 5.18, a current ratio of 1.10 and a quick ratio of 1.10.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.37 earnings per share for the quarter, hitting analysts' consensus estimates of $0.37. Concentra Group Holdings Parent had a net margin of 7.44% and a return on equity of 53.26%. The company had revenue of $550.80 million during the quarter, compared to analyst estimates of $537.36 million. During the same period in the previous year, the business earned $0.49 EPS. The firm's revenue for the quarter was up 15.2% on a year-over-year basis. On average, research analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 21st will be issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, August 21st. Concentra Group Holdings Parent's payout ratio is presently 21.01%.

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.