Romano Brothers AND Company Acquires New Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Romano Brothers AND Company acquired a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 61,218 shares of the company’s stock, valued at approximately $1,211,000.

Several other large investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new stake in shares of Concentra Group Holdings Parent during the fourth quarter valued at about $64,000. BNP Paribas Financial Markets purchased a new position in Concentra Group Holdings Parent during the third quarter valued at approximately $105,000. The Manufacturers Life Insurance Company bought a new stake in Concentra Group Holdings Parent during the 3rd quarter worth approximately $208,000. MetLife Investment Management LLC bought a new position in Concentra Group Holdings Parent in the 3rd quarter valued at $297,000. Finally, Everence Capital Management Inc. purchased a new position in shares of Concentra Group Holdings Parent during the 4th quarter valued at $269,000.

Analysts Set New Price Targets

CON has been the topic of a number of recent analyst reports. Royal Bank of Canada lowered their price objective on Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Monday, November 4th. Bank of America raised Concentra Group Holdings Parent from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Monday, December 16th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $28.50.

Concentra Group Holdings Parent Price Performance

CON opened at $21.17 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 5.20. The company has a fifty day moving average price of $20.61. Concentra Group Holdings Parent, Inc. has a 52 week low of $18.89 and a 52 week 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 for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $489.64 million for the quarter, compared to analysts’ expectations of $492.61 million. Concentra Group Holdings Parent’s revenue for the quarter was up 3.3% on a year-over-year basis. As a group, analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, November 13th were paid a $0.0625 dividend. 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.