Kesler Norman & Wride LLC Takes Position in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Kesler Norman & Wride LLC purchased a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 17,868 shares of the company’s stock, valued at approximately $353,000.

Other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC acquired a new stake in shares of Concentra Group Holdings Parent in the 4th quarter valued at $25,000. Motco acquired a new stake in Concentra Group Holdings Parent in the fourth quarter valued at about $32,000. Empowered Funds LLC acquired a new stake in Concentra Group Holdings Parent in the fourth quarter valued at about $49,000. Nisa Investment Advisors LLC bought a new position in Concentra Group Holdings Parent in the fourth quarter valued at about $59,000. Finally, GAMMA Investing LLC acquired a new position in Concentra Group Holdings Parent during the fourth quarter worth about $64,000.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Concentra Group Holdings Parent from $27.00 to $25.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 12th. JPMorgan Chase & Co. increased their price objective on shares of Concentra Group Holdings Parent from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, March 19th. Bank of America upped their price target 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. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $28.50.

Concentra Group Holdings Parent Trading Up 2.3 %

CON opened at $22.53 on Thursday. 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, Inc. has a fifty-two week low of $18.89 and a fifty-two week high of $24.81. The company’s 50 day moving average price is $22.42 and its two-hundred day moving average price is $21.45. The firm has a market capitalization of $2.87 billion and a price-to-earnings ratio of 14.92.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $465.00 million during the quarter, compared to analyst estimates of $465.00 million. As a group, research analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Tuesday, March 18th. Concentra Group Holdings Parent’s dividend payout ratio is currently 16.56%.

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.