Romano Brothers AND Company Makes New Investment in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Romano Brothers AND Company bought a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 61,218 shares of the company's stock, valued at approximately $1,211,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CON. Argent Capital Management LLC purchased a new stake in Concentra Group Holdings Parent during the 4th quarter worth about $644,000. Sovereign Financial Group Inc. bought a new stake in Concentra Group Holdings Parent during the fourth quarter worth about $402,000. Syquant Capital Sas purchased a new stake in Concentra Group Holdings Parent in the fourth quarter worth approximately $1,462,000. Everence Capital Management Inc. bought a new position in shares of Concentra Group Holdings Parent during the 4th quarter valued at $269,000. Finally, GAMMA Investing LLC bought a new position in shares of Concentra Group Holdings Parent during the fourth quarter valued at about $64,000.

Concentra Group Holdings Parent Stock Performance

CON traded up $0.15 during trading on Friday, hitting $21.17. 374,103 shares of the company's stock traded hands, compared to its average volume of 705,843. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.89 and a 12-month high of $24.81. The business's 50 day moving average is $20.61. 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 (NYSE:CON - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.37 EPS for the quarter, topping the consensus estimate 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 firm's quarterly revenue was up 3.3% compared to the same quarter last year. Research analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, November 22nd. Shareholders of record on Wednesday, November 13th were given a $0.0625 dividend. The ex-dividend date was Wednesday, November 13th.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CON shares. Bank of America upgraded shares of Concentra Group Holdings Parent from a "neutral" rating to a "buy" rating and set a $24.00 price target for the company in a report on Monday, December 16th. Royal Bank of Canada dropped their target price on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, November 4th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $28.50.

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.