45,104 Shares in Concentra Group Holdings Parent, Inc. (NYSE:CON) Acquired by New York State Teachers Retirement System

New York State Teachers Retirement System purchased a new position in shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 45,104 shares of the company’s stock, valued at approximately $892,000.

Other large investors have also made changes to their positions in the company. Empowered Funds LLC acquired a new position in shares of Concentra Group Holdings Parent during the fourth quarter worth $49,000. Nisa Investment Advisors LLC acquired a new position in shares of Concentra Group Holdings Parent during the fourth quarter worth $59,000. GAMMA Investing LLC acquired a new position in shares of Concentra Group Holdings Parent during the fourth quarter worth $64,000. BNP Paribas Financial Markets acquired a new position in shares of Concentra Group Holdings Parent during the third quarter worth $105,000. Finally, EMC Capital Management acquired a new position in shares of Concentra Group Holdings Parent during the fourth quarter worth $122,000.

Concentra Group Holdings Parent Stock Performance

Concentra Group Holdings Parent stock opened at $22.93 on Monday. The firm has a 50 day simple moving average of $21.60 and a 200-day simple moving average of $21.74. 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 debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CON. Bank of America boosted their price objective on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $28.63.

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.