Hood River Capital Management LLC Purchases Shares of 265,357 Concentra Group Holdings Parent, Inc. (NYSE:CON)

Hood River Capital Management LLC bought a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 265,357 shares of the company's stock, valued at approximately $5,249,000. Hood River Capital Management LLC owned 0.21% of Concentra Group Holdings Parent at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of Concentra Group Holdings Parent from $27.00 to $25.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 12th. JPMorgan Chase & Co. lifted their price target on shares of Concentra Group Holdings Parent from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 19th. Bank of America lifted their price target on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, Concentra Group Holdings Parent has a consensus rating of "Buy" and a consensus price target of $28.50.

Concentra Group Holdings Parent Stock Up 1.3 %

CON stock traded up $0.29 during midday trading on Tuesday, hitting $21.90. The company's stock had a trading volume of 94,064 shares, compared to its average volume of 775,701. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81. The company's fifty day moving average price is $21.42 and its 200 day moving average price is $21.28. The stock has a market capitalization of $2.79 billion and a P/E ratio of 14.48.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its quarterly earnings data on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. The firm had revenue of $465.00 million for the quarter, compared to analyst estimates of $465.00 million. As a group, equities research analysts predict 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 was paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th were paid a $0.0625 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.25 annualized dividend and a yield of 1.14%. Concentra Group Holdings Parent's dividend payout ratio (DPR) is currently 16.56%.

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.