Oregon Public Employees Retirement Fund Takes Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Oregon Public Employees Retirement Fund purchased a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,508 shares of the company's stock, valued at approximately $505,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Empowered Funds LLC bought a new position in Concentra Group Holdings Parent in the 4th quarter valued at about $49,000. Nisa Investment Advisors LLC bought a new stake in Concentra Group Holdings Parent in the 4th quarter valued at $59,000. GAMMA Investing LLC acquired a new position in Concentra Group Holdings Parent in the 4th quarter valued at $64,000. BNP Paribas Financial Markets bought a new position in Concentra Group Holdings Parent during the 3rd quarter worth $105,000. Finally, EMC Capital Management bought a new position in Concentra Group Holdings Parent during the 4th quarter worth $122,000.

Analyst Ratings Changes

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

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Concentra Group Holdings Parent Trading Down 0.3 %

Shares of CON traded down $0.07 during midday trading on Thursday, hitting $22.78. The company's stock had a trading volume of 276,679 shares, compared to its average volume of 782,565. 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 one year low of $18.89 and a one year high of $24.81. The company's fifty day simple moving average is $22.01 and its two-hundred day simple moving average is $21.73.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its earnings results on Monday, March 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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. Equities analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Tuesday, March 18th.

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.