XTX Topco Ltd Takes $869,000 Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

XTX Topco Ltd acquired a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 43,912 shares of the company's stock, valued at approximately $869,000.

A number of other institutional investors have also modified their holdings of CON. Smartleaf Asset Management LLC acquired a new position in Concentra Group Holdings Parent during the 4th quarter valued at about $25,000. Quadrant Capital Group LLC acquired a new position in Concentra Group Holdings Parent during the 4th quarter worth $30,000. Motco bought a new position in shares of Concentra Group Holdings Parent in the fourth quarter worth $32,000. Empowered Funds LLC bought a new stake in shares of Concentra Group Holdings Parent during the fourth quarter valued at about $49,000. Finally, Nisa Investment Advisors LLC acquired a new position in shares of Concentra Group Holdings Parent during the fourth quarter valued at approximately $59,000.

Concentra Group Holdings Parent Price Performance

CON stock traded up $0.36 during midday trading on Tuesday, reaching $20.19. The company had a trading volume of 75,869 shares, compared to its average volume of 772,340. The company has a market capitalization of $2.57 billion and a P/E ratio of 13.37. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81. The firm has a 50-day moving average price of $21.61 and a 200-day moving average price of $21.24. 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 (NYSE:CON - Get Free Report) last issued its quarterly earnings results on Monday, March 3rd. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $465.00 million during the quarter, compared to the consensus estimate of $465.00 million. On average, research analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders 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 dividend yield of 1.24%. Concentra Group Holdings Parent's dividend payout ratio (DPR) is 16.56%.

Analysts Set New Price Targets

CON has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Concentra Group Holdings Parent from $29.00 to $30.00 and gave the company an "overweight" rating in a research note on Wednesday, March 19th. Bank of America upped their price objective on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Wells Fargo & Company cut their price target on shares of Concentra Group Holdings Parent from $27.00 to $25.00 and set an "overweight" rating for the company in a research note on Wednesday, March 12th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $30.00 target price on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $28.50.

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.