Advantage Alpha Capital Partners LP Has $2.39 Million Stock Holdings in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Advantage Alpha Capital Partners LP decreased its position in Concentra Group Holdings Parent, Inc. (NYSE:CON) by 14.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,013 shares of the company’s stock after selling 20,422 shares during the quarter. Advantage Alpha Capital Partners LP owned about 0.10% of Concentra Group Holdings Parent worth $2,394,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CON. Vanguard Group Inc. increased its stake in Concentra Group Holdings Parent by 421.0% in the fourth quarter. Vanguard Group Inc. now owns 12,322,623 shares of the company’s stock valued at $243,741,000 after acquiring an additional 9,957,396 shares during the last quarter. LPL Financial LLC bought a new position in Concentra Group Holdings Parent during the 4th quarter worth $507,000. KLP Kapitalforvaltning AS bought a new stake in Concentra Group Holdings Parent in the fourth quarter valued at approximately $487,000. Knights of Columbus Asset Advisors LLC acquired a new position in Concentra Group Holdings Parent in the fourth quarter valued at $1,337,000. Finally, Sei Investments Co. lifted its stake in Concentra Group Holdings Parent by 65.6% in the fourth quarter. Sei Investments Co. now owns 50,401 shares of the company’s stock valued at $997,000 after buying an additional 19,964 shares during the period.

Concentra Group Holdings Parent Price Performance

Shares of CON opened at $20.85 on Monday. The stock has a market capitalization of $2.65 billion and a PE ratio of 13.81. Concentra Group Holdings Parent, Inc. has a fifty-two week low of $18.89 and a fifty-two week high of $24.81. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. The company has a 50 day moving average price of $22.34 and a 200-day moving average price of $21.52.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings data on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $465.00 million. Equities analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.25 dividend on an annualized basis and a yield of 1.20%. Concentra Group Holdings Parent’s payout ratio is 16.56%.

Analysts Set New Price Targets

A number of research firms recently weighed in on CON. Royal Bank of Canada restated an “outperform” rating and issued a $30.00 target price on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Bank of America raised their price target on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company dropped their price objective on shares of Concentra Group Holdings Parent from $27.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. raised their price target on shares of Concentra Group Holdings Parent from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, March 19th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently 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.