Concentra Group Holdings Parent, Inc. (CON) to Issue Quarterly Dividend of $0.06 on December 9th

Concentra Group Holdings Parent, Inc. (NYSE:CON) announced a quarterly dividend on Wednesday, November 5th. 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) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, December 2nd.

Concentra Group Holdings Parent Stock Up 3.0%

Shares of CON stock traded up $0.57 on Friday, reaching $19.28. 1,749,030 shares of the company’s stock traded hands, compared to its average volume of 830,864. The company has a market capitalization of $2.47 billion, a P/E ratio of 16.19, a price-to-earnings-growth ratio of 1.97 and a beta of 0.74. Concentra Group Holdings Parent has a 12-month low of $18.55 and a 12-month high of $24.32. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.18 and a current ratio of 1.18. The business’s 50 day moving average price is $21.02 and its two-hundred day moving average price is $21.19.

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

Institutional Trading of Concentra Group Holdings Parent

A number of institutional investors have recently bought and sold shares of CON. Norges Bank bought a new stake in shares of Concentra Group Holdings Parent in the second quarter valued at about $30,740,000. Millennium Management LLC raised its stake in Concentra Group Holdings Parent by 891.3% in the 1st quarter. Millennium Management LLC now owns 1,494,581 shares of the company’s stock worth $32,432,000 after purchasing an additional 1,343,816 shares in the last quarter. Tributary Capital Management LLC bought a new stake in Concentra Group Holdings Parent in the 3rd quarter valued at about $21,109,000. Woodline Partners LP bought a new stake in Concentra Group Holdings Parent in the 1st quarter valued at about $21,520,000. Finally, Thrivent Financial for Lutherans grew its position in shares of Concentra Group Holdings Parent by 41.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,245,778 shares of the company’s stock worth $67,934,000 after purchasing an additional 945,303 shares in the last quarter.

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.