Nisa Investment Advisors LLC Buys New Stake in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Nisa Investment Advisors LLC purchased a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,997 shares of the company’s stock, valued at approximately $59,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Romano Brothers AND Company purchased a new stake in shares of Concentra Group Holdings Parent during the 4th quarter worth about $1,211,000. Argent Capital Management LLC purchased a new position in Concentra Group Holdings Parent during the fourth quarter worth approximately $644,000. Sovereign Financial Group Inc. purchased a new stake in shares of Concentra Group Holdings Parent in the fourth quarter valued at approximately $402,000. Syquant Capital Sas acquired a new position in shares of Concentra Group Holdings Parent during the 4th quarter worth approximately $1,462,000. Finally, Everence Capital Management Inc. purchased a new position in shares of Concentra Group Holdings Parent during the 4th quarter valued at approximately $269,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on CON shares. 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. Bank of America boosted their price objective on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Concentra Group Holdings Parent has a consensus rating of “Buy” and an average price target of $28.63.

Concentra Group Holdings Parent Trading Down 0.6 %

Shares of Concentra Group Holdings Parent stock opened at $23.30 on Friday. The stock’s 50 day moving average is $21.07. 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 one year low of $18.89 and a one year high of $24.81.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $489.64 million during the quarter, compared to analysts’ expectations of $492.61 million. Concentra Group Holdings Parent’s quarterly revenue was up 3.3% compared to the same quarter last year. Analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

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.