Mackenzie Financial Corp Invests $688,000 in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Mackenzie Financial Corp bought a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 31,684 shares of the company’s stock, valued at approximately $688,000.

Several other institutional investors have also made changes to their positions in CON. Quadrant Capital Group LLC purchased a new position in 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 in the fourth quarter valued at approximately $48,000. Nisa Investment Advisors LLC lifted its stake in shares of Concentra Group Holdings Parent by 19.3% in the first quarter. Nisa Investment Advisors LLC now owns 3,574 shares of the company’s stock worth $78,000 after buying an additional 577 shares during the last quarter. Covestor Ltd acquired a new stake in shares of Concentra Group Holdings Parent in the fourth quarter worth $81,000. Finally, CX Institutional acquired a new stake in shares of Concentra Group Holdings Parent in the first quarter worth $110,000.

Concentra Group Holdings Parent Price Performance

Shares of Concentra Group Holdings Parent stock opened at $19.96 on Thursday. The firm has a fifty day simple moving average of $20.66 and a 200-day simple moving average of $21.45. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 5.18. Concentra Group Holdings Parent, Inc. has a 1-year low of $18.89 and a 1-year high of $24.81. The stock has a market capitalization of $2.56 billion and a price-to-earnings ratio of 14.89.

Concentra Group Holdings Parent (NYSE:CON) last released its earnings results on Wednesday, May 7th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The firm had revenue of $500.80 million during the quarter, compared to analysts’ expectations of $496.06 million. Concentra Group Holdings Parent had a net margin of 8.09% and a return on equity of 29.94%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 EPS. On average, sell-side analysts expect that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent 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.