31,761 Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON) Bought by Barclays PLC

Barclays PLC acquired a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 31,761 shares of the company's stock, valued at approximately $710,000.

Several other hedge funds have also recently bought and sold shares of CON. Seven Grand Managers LLC bought a new stake in Concentra Group Holdings Parent during the 3rd quarter valued at $3,354,000. Oppenheimer Asset Management Inc. acquired a new position in shares of Concentra Group Holdings Parent during the third quarter valued at $675,000. Massachusetts Financial Services Co. MA acquired a new stake in Concentra Group Holdings Parent in the third quarter worth about $36,672,000. Charles Schwab Investment Management Inc. acquired a new stake in Concentra Group Holdings Parent in the third quarter worth about $4,244,000. Finally, Loomis Sayles & Co. L P acquired a new position in Concentra Group Holdings Parent during the 3rd quarter valued at about $8,676,000.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Bank of America upgraded shares of Concentra Group Holdings Parent from a "neutral" rating to a "buy" rating and set a $24.00 price target on the stock in a research report on Monday, December 16th. Royal Bank of Canada cut their price target on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, November 4th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $28.50.

Concentra Group Holdings Parent Trading Up 0.8 %

Shares of NYSE CON traded up $0.18 during mid-day trading on Thursday, reaching $21.02. The company had a trading volume of 374,831 shares, compared to its average volume of 656,851. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 5.20. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81. The stock has a 50 day simple moving average of $20.56.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The firm had revenue of $489.64 million for the quarter, compared to analysts' expectations of $492.61 million. The firm's revenue was up 3.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

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

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.