Sageworth Trust Co Buys New Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Sageworth Trust Co purchased a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,795 shares of the company's stock, valued at approximately $471,000.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new position in Concentra Group Holdings Parent in the 3rd quarter valued at $46,003,000. Loomis Sayles & Co. L P purchased a new stake in shares of Concentra Group Holdings Parent during the third quarter valued at $8,676,000. State Street Corp bought a new position in shares of Concentra Group Holdings Parent in the third quarter worth about $6,804,000. Geode Capital Management LLC purchased a new position in Concentra Group Holdings Parent in the 3rd quarter worth about $11,122,000. Finally, Jane Street Group LLC purchased a new position in shares of Concentra Group Holdings Parent during the third quarter worth approximately $584,000.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. 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 research report on Thursday, January 23rd. Royal Bank of Canada reiterated an "outperform" rating and set a $30.00 target price on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $28.63.

Concentra Group Holdings Parent Stock Up 1.7 %

CON stock traded up $0.38 during trading on Tuesday, reaching $23.10. 522,993 shares of the company traded hands, compared to its average volume of 817,155. The business has a 50 day simple moving average of $21.20 and a 200 day simple moving average of $21.72. Concentra Group Holdings Parent, Inc. has a 12 month low of $18.89 and a 12 month high of $24.81. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52.

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.