Nuveen LLC Invests $5.75 Million in Concentra Group Holdings Parent, Inc. $CON

Nuveen LLC acquired a new position in Concentra Group Holdings Parent, Inc. (NYSE:CON) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 265,138 shares of the company’s stock, valued at approximately $5,753,000. Nuveen LLC owned approximately 0.21% of Concentra Group Holdings Parent at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Dimensional Fund Advisors LP purchased a new stake in shares of Concentra Group Holdings Parent in the 4th quarter worth $65,746,000. Principal Financial Group Inc. increased its stake in shares of Concentra Group Holdings Parent by 8.8% in the 1st quarter. Principal Financial Group Inc. now owns 2,440,925 shares of the company’s stock worth $52,968,000 after purchasing an additional 196,971 shares in the last quarter. 8 Knots Management LLC increased its stake in shares of Concentra Group Holdings Parent by 42.7% in the 4th quarter. 8 Knots Management LLC now owns 1,748,283 shares of the company’s stock worth $34,581,000 after purchasing an additional 523,448 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Concentra Group Holdings Parent by 1.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,561,997 shares of the company’s stock worth $33,895,000 after purchasing an additional 20,592 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Concentra Group Holdings Parent by 2.5% in the 1st quarter. Invesco Ltd. now owns 1,408,860 shares of the company’s stock worth $30,572,000 after purchasing an additional 34,183 shares in the last quarter.

Concentra Group Holdings Parent Trading Down 1.2%

NYSE:CON opened at $23.3610 on Tuesday. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market capitalization of $2.99 billion and a price-to-earnings ratio of 19.63. Concentra Group Holdings Parent, Inc. has a one year low of $18.89 and a one year high of $24.81. The business has a fifty day moving average price of $20.90 and a 200-day moving average price of $21.39.

Concentra Group Holdings Parent (NYSE:CON) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. Concentra Group Holdings Parent had a return on equity of 50.84% and a net margin of 7.44%.The business had revenue of $550.80 million during the quarter, compared to analyst estimates of $537.36 million. During the same quarter in the prior year, the business posted $0.49 EPS. Concentra Group Holdings Parent’s revenue for the quarter was up 15.2% compared to the same quarter last year. Concentra Group Holdings Parent has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 21st will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, August 21st. Concentra Group Holdings Parent’s dividend payout ratio is presently 21.01%.

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.