Concentra Group Holdings Parent, Inc. (CON) To Go Ex-Dividend on November 19th

Concentra Group Holdings Parent, Inc. (NYSE:CON) declared a quarterly dividend on Wednesday, November 4th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.0625 per share on Friday, December 4th. This represents a $0.25 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, November 19th.

Concentra Group Holdings Parent Price Performance

Shares of CON opened at $41.16 on Friday. The stock has a market cap of $5.25 billion, a P/E ratio of 27.53, a price-to-earnings-growth ratio of 1.58 and a beta of 0.51. Concentra Group Holdings Parent has a 1 year low of $18.55 and a 1 year high of $44.22. The stock’s 50-day moving average price is $36.86 and its two-hundred day moving average price is $28.89. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 3.22.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.08. Concentra Group Holdings Parent had a net margin of 8.69% and a return on equity of 47.81%. The business had revenue of $622.12 million for the quarter, compared to the consensus estimate of $605.52 million. During the same period last year, the company posted $0.39 EPS. Concentra Group Holdings Parent’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, equities analysts predict that Concentra Group Holdings Parent will post 1.65 earnings per share for the current year.

Hedge Funds Weigh In On Concentra Group Holdings Parent

A number of hedge funds and other institutional investors have recently bought and sold shares of CON. Jennison Associates LLC lifted its holdings in shares of Concentra Group Holdings Parent by 195.8% in the first quarter. Jennison Associates LLC now owns 2,172,291 shares of the company’s stock worth $46,596,000 after acquiring an additional 1,437,912 shares during the last quarter. Alps Advisors Inc. bought a new stake in shares of Concentra Group Holdings Parent during the 3rd quarter valued at approximately $16,069,000. Ancora Advisors LLC acquired a new position in Concentra Group Holdings Parent during the 2nd quarter worth approximately $13,285,000. Janus Henderson Group PLC increased its position in Concentra Group Holdings Parent by 722.9% during the 1st quarter. Janus Henderson Group PLC now owns 419,772 shares of the company’s stock worth $9,003,000 after purchasing an additional 368,761 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new position in Concentra Group Holdings Parent in the 3rd quarter valued at approximately $7,951,000.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent, Inc is the parent company of Concentra, a provider of occupational health services in the United States. The company primarily serves employers, workers and insurers through a nationwide network of medical centers and employer-based clinics.

Concentra’s services include workplace injury care, workers’ compensation treatment, physical examinations, drug and alcohol testing, vaccinations, physical therapy, urgent care and other occupational medicine programs.