Concentra Group Holdings Parent, Inc. $CON Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its stake in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) by 115.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,346 shares of the company’s stock after purchasing an additional 60,711 shares during the quarter. American Century Companies Inc. owned approximately 0.09% of Concentra Group Holdings Parent worth $2,460,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Shell Asset Management Co. purchased a new stake in Concentra Group Holdings Parent during the 4th quarter worth about $48,000. Caitong International Asset Management Co. Ltd purchased a new stake in Concentra Group Holdings Parent during the 1st quarter worth about $53,000. Nisa Investment Advisors LLC increased its holdings in Concentra Group Holdings Parent by 19.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 3,574 shares of the company’s stock worth $78,000 after purchasing an additional 577 shares during the period. CX Institutional purchased a new stake in Concentra Group Holdings Parent during the 1st quarter worth about $110,000. Finally, Wealthquest Corp purchased a new stake in Concentra Group Holdings Parent during the 1st quarter worth about $131,000.

Concentra Group Holdings Parent Price Performance

Shares of NYSE CON opened at $23.78 on Monday. The stock’s 50-day moving average is $21.10 and its two-hundred day moving average is $21.41. 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, Inc. has a 1-year low of $18.89 and a 1-year high of $24.81. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 19.98, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96.

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

Concentra Group Holdings Parent Announces Dividend

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