Concentra Group Holdings Parent, Inc. (NYSE:CON) Plans Quarterly Dividend of $0.06

Concentra Group Holdings Parent, Inc. (NYSE:CON) declared a quarterly dividend on Thursday, November 6th. Stockholders of record on Tuesday, December 2nd will be given a dividend of 0.0625 per share on Tuesday, December 9th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, December 2nd.

Concentra Group Holdings Parent Stock Up 5.8%

Shares of CON stock traded up $1.08 during trading hours on Friday, hitting $19.79. 1,088,621 shares of the company were exchanged, compared to its average volume of 828,470. The business has a 50 day moving average of $21.02 and a two-hundred day moving average of $21.19. Concentra Group Holdings Parent has a 52 week low of $18.55 and a 52 week high of $24.32. The company has a market capitalization of $2.54 billion, a PE ratio of 16.77, a PEG ratio of 1.97 and a beta of 0.74. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 4.75.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.37 earnings per share for the quarter. Concentra Group Holdings Parent had a return on equity of 50.84% and a net margin of 7.44%.The company had revenue of $489.64 million during the quarter. Analysts anticipate that Concentra Group Holdings Parent will post 1.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Concentra Group Holdings Parent

A number of institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in Concentra Group Holdings Parent by 13.2% during the first quarter. Envestnet Asset Management Inc. now owns 132,471 shares of the company’s stock worth $2,875,000 after purchasing an additional 15,493 shares during the period. M&T Bank Corp lifted its position in shares of Concentra Group Holdings Parent by 16.1% in the first quarter. M&T Bank Corp now owns 31,890 shares of the company’s stock valued at $692,000 after buying an additional 4,428 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Concentra Group Holdings Parent by 19.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 3,574 shares of the company’s stock worth $78,000 after acquiring an additional 577 shares during the period. Foundry Partners LLC increased its holdings in shares of Concentra Group Holdings Parent by 12.4% during the 1st quarter. Foundry Partners LLC now owns 12,253 shares of the company’s stock worth $266,000 after acquiring an additional 1,350 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Concentra Group Holdings Parent during the 1st quarter worth approximately $281,000.

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.