26,096 Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON) Purchased by Jane Street Group LLC

Jane Street Group LLC purchased a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 26,096 shares of the company’s stock, valued at approximately $584,000.

Other hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets bought a new position in Concentra Group Holdings Parent in the third quarter worth about $105,000. The Manufacturers Life Insurance Company bought a new position in Concentra Group Holdings Parent in the third quarter worth about $208,000. MetLife Investment Management LLC bought a new position in Concentra Group Holdings Parent in the third quarter worth about $297,000. Verition Fund Management LLC bought a new position in Concentra Group Holdings Parent in the third quarter worth about $661,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Concentra Group Holdings Parent in the third quarter worth about $675,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CON. Bank of America raised shares of Concentra Group Holdings Parent from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Monday, December 16th. Royal Bank of Canada cut their price target 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. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Concentra Group Holdings Parent currently has an average rating of “Buy” and an average target price of $28.50.

Concentra Group Holdings Parent Stock Up 1.6 %

CON opened at $19.60 on Friday. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81. The company’s 50 day simple moving average is $20.57. 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 (NYSE:CON) last announced its earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The firm had revenue of $489.64 million for the quarter, compared to the consensus estimate of $492.61 million. Concentra Group Holdings Parent’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, equities research analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, November 13th were issued 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.