Concentra Group Holdings Parent, Inc. (NYSE:CON) Shares Acquired by Amalgamated Bank

Amalgamated Bank increased its position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) by 3,975.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,628 shares of the company's stock after purchasing an additional 30,852 shares during the quarter. Amalgamated Bank's holdings in Concentra Group Holdings Parent were worth $626,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC acquired a new position in shares of Concentra Group Holdings Parent during the 4th quarter worth approximately $49,000. Nisa Investment Advisors LLC acquired a new position in shares of Concentra Group Holdings Parent in the fourth quarter worth $59,000. GAMMA Investing LLC purchased a new stake in shares of Concentra Group Holdings Parent in the fourth quarter valued at $64,000. BNP Paribas Financial Markets purchased a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at $105,000. Finally, EMC Capital Management acquired a new stake in shares of Concentra Group Holdings Parent during the fourth quarter valued at $122,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Bank of America upped their target price on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Royal Bank of Canada restated an "outperform" rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $28.63.

Concentra Group Holdings Parent Stock Down 0.8 %

Concentra Group Holdings Parent stock traded down $0.19 during midday trading on Thursday, reaching $22.67. The stock had a trading volume of 424,417 shares, compared to its average volume of 734,941. The stock's 50-day simple moving average is $22.01 and its 200 day simple moving average is $21.73. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81. 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 (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 firm had revenue of $465.00 million for the quarter, compared to analysts' expectations of $465.00 million. Analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Tuesday, March 18th.

About Concentra Group Holdings Parent

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.