Barclays PLC Takes Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Barclays PLC acquired a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 31,761 shares of the company’s stock, valued at approximately $710,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CON. Seven Grand Managers LLC purchased a new stake in Concentra Group Holdings Parent during the third quarter valued at approximately $3,354,000. Oppenheimer Asset Management Inc. purchased a new stake in Concentra Group Holdings Parent during the third quarter valued at approximately $675,000. Massachusetts Financial Services Co. MA purchased a new stake in Concentra Group Holdings Parent during the third quarter valued at approximately $36,672,000. Charles Schwab Investment Management Inc. purchased a new stake in Concentra Group Holdings Parent during the third quarter valued at approximately $4,244,000. Finally, Loomis Sayles & Co. L P purchased a new stake in Concentra Group Holdings Parent during the third quarter valued at approximately $8,676,000.

Concentra Group Holdings Parent Price Performance

Shares of NYSE CON opened at $20.91 on Thursday. The stock has a fifty day moving average price of $20.53. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $489.64 million during the quarter, compared to analysts’ expectations of $492.61 million. Concentra Group Holdings Parent’s revenue was up 3.3% compared to the same quarter last year. As a group, equities analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, November 13th were given a dividend of $0.0625 per share. The ex-dividend date was Wednesday, November 13th.

Wall Street Analyst Weigh In

CON has been the subject of a number of research reports. Royal Bank of Canada reduced their target price on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Monday, November 4th. Bank of America raised shares of Concentra Group Holdings Parent from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Monday, December 16th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $28.50.

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.