Keeley Teton Advisors LLC Buys Shares of 94,243 Concentra Group Holdings Parent, Inc. (NYSE:CON)

Keeley Teton Advisors LLC acquired a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 94,243 shares of the company's stock, valued at approximately $1,864,000. Keeley Teton Advisors LLC owned about 0.07% of Concentra Group Holdings Parent at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in Concentra Group Holdings Parent by 421.0% in the fourth quarter. Vanguard Group Inc. now owns 12,322,623 shares of the company's stock valued at $243,741,000 after acquiring an additional 9,957,396 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Concentra Group Holdings Parent by 57.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,245,943 shares of the company's stock valued at $64,205,000 after purchasing an additional 1,188,585 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Concentra Group Holdings Parent by 394.3% in the 4th quarter. Geode Capital Management LLC now owns 2,458,020 shares of the company's stock valued at $48,631,000 after purchasing an additional 1,960,710 shares during the period. Norges Bank acquired a new position in Concentra Group Holdings Parent during the fourth quarter worth approximately $46,270,000. Finally, Principal Financial Group Inc. purchased a new stake in Concentra Group Holdings Parent in the fourth quarter valued at approximately $44,395,000.

Concentra Group Holdings Parent Stock Performance

NYSE CON traded down $0.70 during trading hours on Monday, hitting $19.69. 101,261 shares of the stock were exchanged, compared to its average volume of 773,424. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.89 and a 12-month high of $24.81. The stock has a 50-day moving average of $21.66 and a 200 day moving average of $21.24. The company has a market cap of $2.51 billion and a price-to-earnings ratio of 13.04. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last issued its earnings results on Monday, March 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $465.00 million for the quarter, compared to analysts' expectations of $465.00 million. As a group, equities research analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th were paid a dividend of $0.0625 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.27%. Concentra Group Holdings Parent's dividend payout ratio (DPR) is presently 16.56%.

Analyst Upgrades and Downgrades

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