Swiss National Bank Sells 3,200 Shares of Concentra Group Holdings Parent, Inc. $CON

Swiss National Bank lessened its holdings in Concentra Group Holdings Parent, Inc. (NYSE:CON) by 1.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 222,035 shares of the company’s stock after selling 3,200 shares during the quarter. Swiss National Bank owned 0.17% of Concentra Group Holdings Parent worth $4,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in CON. Charles Schwab Investment Management Inc. increased its holdings in Concentra Group Holdings Parent by 1.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,561,997 shares of the company’s stock worth $33,895,000 after buying an additional 20,592 shares during the last quarter. Wealthquest Corp purchased a new stake in shares of Concentra Group Holdings Parent during the 1st quarter worth approximately $131,000. Natixis Advisors LLC raised its holdings in shares of Concentra Group Holdings Parent by 52.1% in the 1st quarter. Natixis Advisors LLC now owns 44,422 shares of the company’s stock worth $964,000 after purchasing an additional 15,213 shares during the period. Mackenzie Financial Corp purchased a new position in Concentra Group Holdings Parent in the first quarter valued at approximately $688,000. Finally, LPL Financial LLC grew its holdings in Concentra Group Holdings Parent by 278.6% during the first quarter. LPL Financial LLC now owns 97,002 shares of the company’s stock valued at $2,105,000 after purchasing an additional 71,380 shares during the period.

Concentra Group Holdings Parent Stock Performance

Shares of CON opened at $22.9790 on Wednesday. The stock’s fifty day moving average price is $20.76 and its two-hundred day moving average price is $21.40. Concentra Group Holdings Parent, Inc. has a 1 year low of $18.89 and a 1 year high of $24.81. The firm has a market cap of $2.95 billion and a PE ratio of 19.31. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.18 and a quick ratio of 1.18.

Concentra Group Holdings Parent (NYSE:CON) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.37 EPS for the quarter, meeting the consensus estimate of $0.37. Concentra Group Holdings Parent had a net margin of 7.44% and a return on equity of 50.84%. The business had revenue of $550.80 million for the quarter, compared to the consensus estimate of $537.36 million. During the same period in the prior year, the firm earned $0.49 earnings per share. The company’s revenue was up 15.2% compared to the same quarter last year. Concentra Group Holdings Parent has set its FY 2025 guidance at EPS. On average, equities research 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 announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.0625 per share. The ex-dividend date is Thursday, August 21st. This represents a $0.25 annualized dividend and a dividend yield of 1.1%. Concentra Group Holdings Parent’s dividend payout ratio is currently 21.01%.

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.