Arrowstreet Capital Limited Partnership Invests $9.88 Million in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Arrowstreet Capital Limited Partnership bought a new stake in Concentra Group Holdings Parent, Inc. ( NYSE:CON – Free Report ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 499,297 shares of the company’s stock, valued at approximately $9,876,000.

Arrowstreet Capital Limited Partnership owned about 0.39% of Concentra Group Holdings Parent as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also bought and sold shares of CON.



Charles Schwab Investment Management Inc. acquired a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at approximately $4,244,000. The Manufacturers Life Insurance Company acquired a new stake in Concentra Group Holdings Parent during the 3rd quarter valued at $208,000.

BNP Paribas Financial Markets acquired a new stake in Concentra Group Holdings Parent during the 3rd quarter valued at $105,000. MetLife Investment Management LLC bought a new position in Concentra Group Holdings Parent during the third quarter worth $297,000. Finally, Verition Fund Management LLC bought a new position in shares of Concentra Group Holdings Parent in the third quarter valued at about $661,000.

Wall Street Analyst Weigh In CON has been the subject of several research analyst reports. Bank of America lifted their target price on shares of Concentra Group Holdings Parent from $24.00 to $25.

00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Wells Fargo & Company decreased their target price on Concentra Group Holdings Parent from $27.00 to $25.

00 and set an “overweight” rating on the stock in a research report on Wednesday, March 12th. Royal Bank of Canada reiterated an “outperform” rating and set a $30.00 target price on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd.

Finally, JPMorgan Chase & Co. upped their price objective on Concentra Group Holdings Parent from $29.00 to $30.

00 and gave the company an “overweight” rating in a report on Wednesday, March 19th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $28.50.

Concentra Group Holdings Parent Price Performance Concentra Group Holdings Parent stock opened at $20.58 on Monday. The stock’s fifty day moving average price is $22.

33 and its two-hundred day moving average price is $21.40. The firm has a market cap of $2.

62 billion and a PE ratio of 13.63. 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 one year low of $18.89 and a one year high of $24.

81. 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.

As a group, research analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.0625 per share.

This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.21%.

The ex-dividend date was Tuesday, March 18th. Concentra Group Holdings Parent’s dividend payout ratio (DPR) is presently 16.56%.

Concentra Group Holdings Parent Company Profile ( Free Report ) 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. Further Reading Five stocks we like better than Concentra Group Holdings Parent Top Biotech Stocks: Exploring Innovation Opportunities Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? Asset Allocation: The Key to a Successful Portfolio.

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