Concentra Group Holdings Parent, Inc. (NYSE:CON) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) by 14.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,797 shares of the company’s stock after acquiring an additional 4,232 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Concentra Group Holdings Parent were worth $733,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Quadrant Capital Group LLC purchased a new stake in Concentra Group Holdings Parent during the fourth quarter worth $30,000. Shell Asset Management Co. purchased a new stake in shares of Concentra Group Holdings Parent in the 4th quarter worth about $48,000. Nisa Investment Advisors LLC boosted its position in shares of 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 worth $78,000 after buying an additional 577 shares in the last quarter. Covestor Ltd acquired a new stake in Concentra Group Holdings Parent in the 4th quarter valued at about $81,000. Finally, CX Institutional purchased a new position in Concentra Group Holdings Parent during the 1st quarter valued at about $110,000.

Concentra Group Holdings Parent Stock Performance

Shares of CON opened at $19.81 on Wednesday. Concentra Group Holdings Parent, Inc. has a 12-month low of $18.89 and a 12-month high of $24.81. The stock has a market cap of $2.54 billion and a P/E ratio of 14.78. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 5.18. The company has a 50-day moving average of $20.69 and a two-hundred day moving average of $21.46.

Concentra Group Holdings Parent (NYSE:CON) last issued its quarterly earnings data 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 firm had revenue of $500.80 million during the quarter, compared to the consensus estimate of $496.06 million. Concentra Group Holdings Parent had a return on equity of 29.94% and a net margin of 8.09%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 EPS. As a group, research analysts predict that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal 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 given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, May 20th. Concentra Group Holdings Parent’s dividend payout ratio is currently 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.