Maven Securities LTD Acquires New Stake in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Maven Securities LTD acquired a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 55,000 shares of the company’s stock, valued at approximately $1,230,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth $36,672,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth $23,478,000. Loomis Sayles & Co. L P acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth $8,676,000. Public Sector Pension Investment Board acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth $7,788,000. Finally, PFM Health Sciences LP acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth $6,708,000.

Concentra Group Holdings Parent Price Performance

Concentra Group Holdings Parent stock opened at $21.37 on Thursday. Concentra Group Holdings Parent, Inc. has a fifty-two week low of $18.89 and a fifty-two week high of $24.81. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20. The firm has a 50-day moving average price of $20.96.

Concentra Group Holdings Parent (NYSE:CON) last posted its earnings results on Thursday, October 31st. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $489.64 million during the quarter, compared to analysts’ expectations of $492.61 million. Concentra Group Holdings Parent’s quarterly revenue was up 3.3% on a year-over-year basis. On average, research analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.45 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, November 22nd. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.0625 per share. The ex-dividend date was Wednesday, November 13th.

Analysts Set New Price Targets

CON has been the subject of several analyst reports. The Goldman Sachs Group initiated coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $32.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $29.00 price objective for the company. Truist Financial initiated coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $29.00 price objective for the company. Mizuho initiated coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set an “outperform” rating and a $28.00 price objective for the company. Finally, JPMorgan Chase & Co. initiated coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set an “overweight” rating and a $29.00 price objective for the company. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Concentra Group Holdings Parent currently has a consensus rating of “Moderate Buy” and an average target price of $28.50.

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.