Empowered Funds LLC Acquires Shares of 2,459 Concentra Group Holdings Parent, Inc. (NYSE:CON)

Empowered Funds LLC bought a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,459 shares of the company’s stock, valued at approximately $49,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new stake in Concentra Group Holdings Parent in the 3rd quarter worth about $46,003,000. Loomis Sayles & Co. L P purchased a new position in shares of Concentra Group Holdings Parent in the 3rd quarter worth approximately $8,676,000. State Street Corp bought a new position in shares of Concentra Group Holdings Parent in the third quarter valued at approximately $6,804,000. Geode Capital Management LLC purchased a new stake in shares of Concentra Group Holdings Parent during the third quarter valued at approximately $11,122,000. Finally, Jane Street Group LLC bought a new stake in Concentra Group Holdings Parent during the third quarter worth $584,000.

Concentra Group Holdings Parent Stock Performance

Shares of NYSE CON opened at $22.93 on Friday. The business’s fifty day moving average price is $21.60 and its 200-day moving average price is $21.74. Concentra Group Holdings Parent, Inc. has a one year low of $18.89 and a one year high of $24.81. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20.

Analysts Set New Price Targets

CON has been the subject of a number of recent analyst reports. Bank of America upped their price objective on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target 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.