Yousif Capital Management LLC Buys New Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Yousif Capital Management LLC acquired a new stake 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 Securities and Exchange Commission. The fund acquired 41,502 shares of the company's stock, valued at approximately $821,000.

Several other hedge funds and other institutional investors have also modified their holdings of CON. Nisa Investment Advisors LLC purchased a new stake in Concentra Group Holdings Parent during the 4th quarter worth $59,000. GAMMA Investing LLC purchased a new position in shares of Concentra Group Holdings Parent during the 4th quarter valued at approximately $64,000. BNP Paribas Financial Markets acquired a new stake in shares of Concentra Group Holdings Parent during the third quarter worth approximately $105,000. EMC Capital Management acquired a new stake in shares of Concentra Group Holdings Parent during the fourth quarter worth approximately $122,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Concentra Group Holdings Parent in the third quarter worth $208,000.

Analysts Set New Price Targets

Several brokerages have weighed in on CON. Bank of America raised their price objective 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. Royal Bank of Canada reiterated an "outperform" rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Concentra Group Holdings Parent presently has an average rating of "Buy" and a consensus target price of $28.63.

Concentra Group Holdings Parent Price Performance

NYSE CON traded up $0.12 during trading hours on Wednesday, reaching $23.39. The company's stock had a trading volume of 684,499 shares, compared to its average volume of 792,941. The business has a 50-day simple moving average of $21.42 and a 200 day simple moving average of $21.71. Concentra Group Holdings Parent, Inc. has a 52 week low of $18.89 and a 52 week high of $24.81. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52.

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.