Barclays PLC Takes $710,000 Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Barclays PLC acquired a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 31,761 shares of the company's stock, valued at approximately $710,000.

Several other institutional investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA purchased a new position in Concentra Group Holdings Parent in the third quarter worth $36,672,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at approximately $23,478,000. Loomis Sayles & Co. L P purchased a new stake in shares of Concentra Group Holdings Parent during the 3rd quarter valued at approximately $8,676,000. Public Sector Pension Investment Board bought a new position in Concentra Group Holdings Parent in the 3rd quarter worth approximately $7,788,000. Finally, State Street Corp purchased a new position in Concentra Group Holdings Parent in the 3rd quarter valued at approximately $6,804,000.

Concentra Group Holdings Parent Trading Down 1.6 %

NYSE CON traded down $0.33 during trading hours on Wednesday, reaching $19.78. 754,985 shares of the stock traded hands, compared to its average volume of 710,517. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20. The firm has a 50 day moving average price of $20.67. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its 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 during the quarter, compared to the consensus estimate of $492.61 million. The business's revenue for the quarter was up 3.3% on a year-over-year basis. Research analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have issued reports on CON shares. Royal Bank of Canada dropped their target price on Concentra Group Holdings Parent from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Monday, November 4th. Bank of America upgraded Concentra Group Holdings Parent from a "neutral" rating to a "buy" rating and set a $24.00 target price for the company in a research note on Monday, December 16th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average 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.