Illinois Municipal Retirement Fund Makes New Investment in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Illinois Municipal Retirement Fund purchased a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 62,238 shares of the company’s stock, valued at approximately $1,231,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Empowered Funds LLC purchased a new stake in Concentra Group Holdings Parent during the fourth quarter worth about $49,000. Nisa Investment Advisors LLC purchased a new stake in Concentra Group Holdings Parent during the fourth quarter worth about $59,000. GAMMA Investing LLC purchased a new stake in Concentra Group Holdings Parent during the fourth quarter worth about $64,000. BNP Paribas Financial Markets purchased a new stake in shares of Concentra Group Holdings Parent during the third quarter worth approximately $105,000. Finally, EMC Capital Management purchased a new stake in shares of Concentra Group Holdings Parent during the fourth quarter worth approximately $122,000.

Wall Street Analyst Weigh In

CON has been the topic of a number of recent research reports. Royal Bank of Canada restated an “outperform” rating and set a $30.00 target price on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Bank of America upped their target price on shares of 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 equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Concentra Group Holdings Parent presently has a consensus rating of “Buy” and an average price target of $28.63.

Concentra Group Holdings Parent Stock Down 0.5 %

CON stock opened at $22.59 on Friday. Concentra Group Holdings Parent, Inc. has a twelve month low of $18.89 and a twelve month high of $24.81. The business has a 50 day simple moving average of $21.88 and a 200-day simple moving average of $21.74. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52.

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.