Jane Street Group LLC Takes Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Jane Street Group LLC bought a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,096 shares of the company's stock, valued at approximately $584,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets bought a new position in shares of Concentra Group Holdings Parent in the third quarter valued at $105,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Concentra Group Holdings Parent during the third quarter valued at $208,000. MetLife Investment Management LLC acquired a new position in shares of Concentra Group Holdings Parent in the 3rd quarter valued at $297,000. Verition Fund Management LLC purchased a new position in Concentra Group Holdings Parent in the 3rd quarter worth about $661,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Concentra Group Holdings Parent during the 3rd quarter worth about $675,000.

Concentra Group Holdings Parent Trading Up 1.6 %

Shares of Concentra Group Holdings Parent stock traded up $0.31 on Friday, hitting $19.60. 896,464 shares of the company traded hands, compared to its average volume of 786,882. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.89 and a 12-month 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 stock's 50-day moving average is $20.57.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates 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. The business's quarterly revenue was up 3.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have commented on CON. Royal Bank of Canada decreased their target price on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, November 4th. Bank of America raised shares of Concentra Group Holdings Parent from a "neutral" rating to a "buy" rating and set a $24.00 target price on the stock in a research note on Monday, December 16th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, Concentra Group Holdings Parent presently has an average rating of "Buy" and an average price target of $28.50.

Concentra Group Holdings Parent Company 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.