6,192 Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON) Purchased by EMC Capital Management

EMC Capital Management bought a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,192 shares of the company’s stock, valued at approximately $122,000.

Other large investors have also recently made changes to their positions in the company. Seven Grand Managers LLC bought a new position in Concentra Group Holdings Parent during the 3rd quarter valued at approximately $3,354,000. Oppenheimer Asset Management Inc. bought a new position in shares of Concentra Group Holdings Parent during the third quarter valued at $675,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Concentra Group Holdings Parent in the 3rd quarter worth about $36,672,000. Charles Schwab Investment Management Inc. bought a new position in Concentra Group Holdings Parent in the 3rd quarter worth about $4,244,000. Finally, Loomis Sayles & Co. L P bought a new position in Concentra Group Holdings Parent in the 3rd quarter worth about $8,676,000.

Wall Street Analyst Weigh In

CON has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $30.00 target price on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Bank of America boosted their price objective on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Concentra Group Holdings Parent has an average rating of “Buy” and an average target price of $28.63.

Concentra Group Holdings Parent Stock Performance

Shares of Concentra Group Holdings Parent stock opened at $23.47 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 has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. The firm’s 50 day moving average is $21.04.

Concentra Group Holdings Parent (NYSE:CON) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.37 earnings per share (EPS) for the quarter, topping 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. The business’s quarterly revenue was up 3.3% on a year-over-year basis. Equities analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

About Concentra Group Holdings Parent

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.