Kesler Norman & Wride LLC Takes $353,000 Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Kesler Norman & Wride LLC acquired a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 17,868 shares of the company's stock, valued at approximately $353,000.

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

Analyst Upgrades and Downgrades

CON has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on Concentra Group Holdings Parent from $29.00 to $30.00 and gave the stock an "overweight" rating in a report on Wednesday, March 19th. Bank of America increased 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 reiterated an "outperform" rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Finally, Wells Fargo & Company decreased their price target on Concentra Group Holdings Parent from $27.00 to $25.00 and set an "overweight" rating for the company in a report on Wednesday, March 12th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, Concentra Group Holdings Parent currently has a consensus rating of "Buy" and a consensus price target of $28.50.

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Concentra Group Holdings Parent Stock Performance

Concentra Group Holdings Parent stock traded down $0.72 during trading on Monday, hitting $19.89. The stock had a trading volume of 514,625 shares, compared to its average volume of 775,508. The stock's 50 day moving average is $22.33 and its two-hundred day moving average is $21.40. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81. The stock has a market cap of $2.53 billion and a price-to-earnings ratio of 13.11. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $465.00 million. As a group, analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th were given a dividend of $0.0625 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.25 dividend on an annualized basis and a yield of 1.26%. Concentra Group Holdings Parent's payout ratio is 16.56%.

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.