12,952 Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 12,952 shares of the company’s stock, valued at approximately $281,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Quadrant Capital Group LLC bought a new stake in shares of Concentra Group Holdings Parent during the fourth quarter valued at approximately $30,000. Shell Asset Management Co. acquired a new stake in Concentra Group Holdings Parent during the fourth quarter worth $48,000. Nisa Investment Advisors LLC increased its holdings in Concentra Group Holdings Parent by 19.3% in the 1st quarter. Nisa Investment Advisors LLC now owns 3,574 shares of the company’s stock valued at $78,000 after buying an additional 577 shares during the period. Covestor Ltd acquired a new position in shares of Concentra Group Holdings Parent in the 4th quarter valued at $81,000. Finally, CX Institutional bought a new position in shares of Concentra Group Holdings Parent during the 1st quarter worth about $110,000.

Concentra Group Holdings Parent Stock Performance

CON stock opened at $19.79 on Tuesday. The company has a 50 day moving average price of $20.72 and a 200 day moving average price of $21.48. 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 has a debt-to-equity ratio of 5.18, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $2.54 billion and a PE ratio of 14.77.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. The business had revenue of $500.80 million for the quarter, compared to analyst estimates of $496.06 million. Concentra Group Holdings Parent had a return on equity of 29.94% and a net margin of 8.09%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the company earned $0.47 EPS. Analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 20th were issued a $0.0625 dividend. The ex-dividend date was Tuesday, May 20th. This represents a $0.25 annualized dividend and a dividend yield of 1.3%. Concentra Group Holdings Parent’s dividend payout ratio (DPR) is presently 18.66%.

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.