Syquant Capital Sas Takes $1.46 Million Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Syquant Capital Sas purchased a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 73,893 shares of the company’s stock, valued at approximately $1,462,000. Concentra Group Holdings Parent accounts for about 2.1% of Syquant Capital Sas’ holdings, making the stock its 5th largest holding. Syquant Capital Sas owned 0.06% of Concentra Group Holdings Parent as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in Concentra Group Holdings Parent during the 4th quarter worth approximately $64,000. BNP Paribas Financial Markets purchased a new stake in Concentra Group Holdings Parent during the third quarter worth $105,000. The Manufacturers Life Insurance Company acquired a new stake in Concentra Group Holdings Parent during the third quarter valued at $208,000. Everence Capital Management Inc. purchased a new position in Concentra Group Holdings Parent in the fourth quarter valued at $269,000. Finally, MetLife Investment Management LLC acquired a new position in shares of Concentra Group Holdings Parent in the third quarter worth about $297,000.

Analyst Ratings Changes

Several brokerages have commented on CON. Royal Bank of Canada dropped their price objective on 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. Bank of America raised shares of Concentra Group Holdings Parent from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Monday, December 16th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Concentra Group Holdings Parent presently has a consensus rating of “Buy” and a consensus price target of $28.50.

Concentra Group Holdings Parent Stock Performance

CON traded up $0.23 on Monday, reaching $19.96. 83,646 shares of the company’s stock were exchanged, compared to its average volume of 670,749. 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 twelve month low of $18.89 and a twelve month high of $24.81. The business has a fifty day moving average price of $20.51.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $489.64 million during the quarter, compared to analyst estimates of $492.61 million. The firm’s revenue was up 3.3% compared to the same quarter last year. As a group, sell-side analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

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

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.