American Century Companies Inc. Takes Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

American Century Companies Inc. acquired a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 52,635 shares of the company's stock, valued at approximately $1,041,000.

A number of other hedge funds also recently made changes to their positions in CON. Smartleaf Asset Management LLC acquired a new position in Concentra Group Holdings Parent during the fourth quarter worth about $25,000. Motco acquired a new position in Concentra Group Holdings Parent in the 4th quarter valued at approximately $32,000. Empowered Funds LLC acquired a new stake in shares of Concentra Group Holdings Parent during the 4th quarter valued at about $49,000. Nisa Investment Advisors LLC bought a new position in shares of Concentra Group Holdings Parent in the fourth quarter valued at approximately $59,000. Finally, GAMMA Investing LLC bought a new stake in shares of Concentra Group Holdings Parent during the 4th quarter worth $64,000.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CON shares. JPMorgan Chase & Co. lifted their price objective on Concentra Group Holdings Parent from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 19th. 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. Bank of America boosted 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. Finally, 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. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $28.50.

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Concentra Group Holdings Parent Trading Up 0.6 %

NYSE:CON traded up $0.12 during mid-day trading on Wednesday, hitting $20.97. The company had a trading volume of 63,712 shares, compared to its average volume of 805,632. The firm has a market cap of $2.67 billion and a P/E ratio of 13.89. The business's fifty day moving average is $21.81 and its two-hundred day moving average is $21.27. 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, Inc. has a fifty-two week low of $18.89 and a fifty-two week 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 the consensus estimate of $0.16 by $0.01. The business had revenue of $465.00 million for 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 earnings per share for the current year.

Concentra Group Holdings Parent Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Tuesday, March 18th. Concentra Group Holdings Parent's payout ratio is presently 16.56%.

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.