State of Alaska Department of Revenue Acquires New Holdings in Concentra Group Holdings Parent, Inc. (NYSE:CON)

State of Alaska Department of Revenue bought a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 61,517 shares of the company’s stock, valued at approximately $1,216,000.

Other large investors also recently made changes to their positions in the company. Seven Grand Managers LLC acquired a new position in shares of Concentra Group Holdings Parent during the third quarter worth approximately $3,354,000. Oppenheimer Asset Management Inc. acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth $675,000. Massachusetts Financial Services Co. MA bought a new position in shares of Concentra Group Holdings Parent in the third quarter worth $36,672,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Concentra Group Holdings Parent during the third quarter valued at $4,244,000. Finally, Loomis Sayles & Co. L P acquired a new position in shares of Concentra Group Holdings Parent during the third quarter valued at $8,676,000.

Analyst Ratings Changes

A number of brokerages recently issued reports on CON. Royal Bank of Canada reiterated an “outperform” rating and issued a $30.00 target price on shares of Concentra Group Holdings Parent in a research report on Thursday, January 23rd. Bank of America increased their price objective on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $28.63.

Concentra Group Holdings Parent Trading Down 3.1 %

NYSE:CON opened at $22.37 on Thursday. The company has a 50-day moving average of $21.22 and a 200-day moving average of $21.72. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81.

Concentra Group Holdings Parent 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.