Louisiana State Employees Retirement System Buys New Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Louisiana State Employees Retirement System purchased a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 52,400 shares of the company’s stock, valued at approximately $1,036,000.

A number of other large investors also recently modified their holdings of CON. JPMorgan Chase & Co. bought a new stake in Concentra Group Holdings Parent during the third quarter worth $46,003,000. Massachusetts Financial Services Co. MA bought a new stake in Concentra Group Holdings Parent during the third quarter worth $36,672,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Concentra Group Holdings Parent during the third quarter worth $23,478,000. Geode Capital Management LLC bought a new stake in Concentra Group Holdings Parent during the third quarter worth $11,122,000. Finally, Loomis Sayles & Co. L P bought a new stake in Concentra Group Holdings Parent during the third quarter worth $8,676,000.

Concentra Group Holdings Parent Trading Down 0.6 %

CON opened at $22.69 on Tuesday. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81. The company has a 50-day simple moving average of $21.36 and a 200 day simple moving average of $21.71. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20.

Analyst Upgrades and Downgrades

Several research firms have commented on CON. Royal Bank of Canada reiterated an “outperform” rating and issued a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Bank of America upped 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, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $28.63.

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.