Dana Investment Advisors Inc. Acquires Shares of 228,864 Concentra Group Holdings Parent, Inc. (NYSE:CON)

Dana Investment Advisors Inc. acquired a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 228,864 shares of the company's stock, valued at approximately $4,527,000. Dana Investment Advisors Inc. owned about 0.18% of Concentra Group Holdings Parent at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CON. JPMorgan Chase & Co. acquired a new stake in Concentra Group Holdings Parent in the 3rd quarter valued at about $46,003,000. Loomis Sayles & Co. L P acquired a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at approximately $8,676,000. State Street Corp purchased a new position in Concentra Group Holdings Parent during the third quarter worth approximately $6,804,000. Geode Capital Management LLC acquired a new position in Concentra Group Holdings Parent during the third quarter worth $11,122,000. Finally, Jane Street Group LLC purchased a new stake in Concentra Group Holdings Parent in the 3rd quarter valued at $584,000.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CON shares. Bank of America lifted their price target on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Royal Bank of Canada restated an "outperform" rating and issued a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $28.63.

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Concentra Group Holdings Parent Stock Down 2.8 %

Shares of CON stock traded down $0.62 during trading on Monday, reaching $21.62. The company's stock had a trading volume of 963,330 shares, compared to its average volume of 741,503. Concentra Group Holdings Parent, Inc. has a 1-year low of $18.89 and a 1-year high of $24.81. The stock's 50-day moving average price is $22.09 and its 200 day moving average price is $21.71. The company has a market capitalization of $2.75 billion and a price-to-earnings ratio of 14.31. 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 posted 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 during the quarter, compared to analyst estimates of $465.00 million. On average, research analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.25 annualized dividend and a yield of 1.16%. Concentra Group Holdings Parent's dividend payout ratio (DPR) is 16.56%.

Concentra Group Holdings Parent Company 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.