KBC Group NV Makes New $274,000 Investment in Concentra Group Holdings Parent, Inc. (NYSE:CON)

KBC Group NV acquired a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,857 shares of the company's stock, valued at approximately $274,000.

Several other institutional investors have also modified their holdings of CON. JPMorgan Chase & Co. acquired a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at about $46,003,000. Massachusetts Financial Services Co. MA purchased a new position in Concentra Group Holdings Parent in the 3rd quarter worth approximately $36,672,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Concentra Group Holdings Parent during the 3rd quarter worth approximately $23,478,000. Geode Capital Management LLC acquired a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at approximately $11,122,000. Finally, Loomis Sayles & Co. L P purchased a new position in Concentra Group Holdings Parent during the third quarter worth approximately $8,676,000.

Concentra Group Holdings Parent Trading Down 1.9 %

CON stock traded down $0.43 during mid-day trading on Friday, hitting $22.80. 473,107 shares of the company were exchanged, compared to its average volume of 835,900. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.89 and a 12-month high of $24.81. The firm's fifty day simple moving average is $21.13. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52.

Wall Street Analysts Forecast Growth

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

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.