State of New Jersey Common Pension Fund D Takes Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

State of New Jersey Common Pension Fund D purchased a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 44,774 shares of the company’s stock, valued at approximately $886,000.

A number of other institutional 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 about $46,003,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Concentra Group Holdings Parent during the 3rd quarter valued at $36,672,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Concentra Group Holdings Parent in the 3rd quarter valued at about $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 acquired a new stake in Concentra Group Holdings Parent in the third quarter valued at about $8,676,000.

Analysts Set New Price Targets

CON has been the topic of several research reports. Royal Bank of Canada restated an “outperform” rating and set a $30.00 price target on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Bank of America boosted their target price on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Concentra Group Holdings Parent presently has an average rating of “Buy” and a consensus target price of $28.63.

Concentra Group Holdings Parent Price Performance

Shares of NYSE:CON opened at $23.23 on Wednesday. Concentra Group Holdings Parent, Inc. has a 1-year low of $18.89 and a 1-year high of $24.81. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. The stock’s fifty day simple moving average is $21.69 and its two-hundred day simple moving average is $21.74.

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.