Legal & General Group Plc Trims Stake in Concentra Group Holdings Parent, Inc. $CON

Posted by Francis Steltz on Jun 8th, 2026

Legal & General Group Plc reduced its position in Concentra Group Holdings Parent, Inc. (NYSE:CON – Free Report) by 9.3% in the 4th quarter, Holdings Channel reports. The firm owned 290,336 shares of the company’s stock after selling 29,689 shares during the period. Legal & General Group Plc’s holdings in Concentra Group Holdings Parent were worth $5,714,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Covestor Ltd lifted its holdings in shares of Concentra Group Holdings Parent by 33.8% in the 4th quarter. Covestor Ltd now owns 7,180 shares of the company’s stock valued at $141,000 after purchasing an additional 1,815 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Concentra Group Holdings Parent by 33.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,137 shares of the company’s stock valued at $219,000 after purchasing an additional 2,815 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in shares of Concentra Group Holdings Parent by 6.3% in the 4th quarter. Handelsbanken Fonder AB now owns 37,172 shares of the company’s stock valued at $732,000 after purchasing an additional 2,200 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Concentra Group Holdings Parent by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 22,750 shares of the company’s stock valued at $448,000 after purchasing an additional 690 shares during the last quarter. Finally, Gabelli Funds LLC lifted its holdings in shares of Concentra Group Holdings Parent by 3.0% in the 4th quarter. Gabelli Funds LLC now owns 167,115 shares of the company’s stock valued at $3,289,000 after purchasing an additional 4,880 shares during the last quarter.

Concentra Group Holdings Parent Stock Up 0.1%

CON opened at $25.35 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 3.62. The business has a 50 day moving average price of $23.50 and a two-hundred day moving average price of $22.18. Concentra Group Holdings Parent, Inc. has a 52 week low of $18.55 and a 52 week high of $26.66. The company has a market cap of $3.24 billion, a PE ratio of 18.24, a P/E/G ratio of 1.15 and a beta of 0.82.

Concentra Group Holdings Parent (NYSE:CON – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. Concentra Group Holdings Parent had a return on equity of 47.14% and a net margin of 7.97%.The company had revenue of $569.56 million for the quarter, compared to analysts’ expectations of $553.53 million. During the same quarter in the previous year, the firm posted $0.32 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. As a group, research analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.53 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.0625 per share. The ex-dividend date is Tuesday, May 19th. This represents a $0.25 annualized dividend and a yield of 1.0%. Concentra Group Holdings Parent’s payout ratio is presently 17.99%.

Insider Transactions at Concentra Group Holdings Parent

In other Concentra Group Holdings Parent news, Director Robert A. Ortenzio sold 130,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $25.00, for a total transaction of $3,250,000.00. Following the transaction, the director owned 763,455 shares in the company, valued at approximately $19,086,375. The trade was a 14.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. The Goldman Sachs Group assumed coverage on Concentra Group Holdings Parent in a research note on Friday. They set a “buy” rating and a $30.00 price objective for the company. Truist Financial reaffirmed a “buy” rating and set a $31.00 price objective (up from $29.00) on shares of Concentra Group Holdings Parent in a research note on Monday, May 11th. Wells Fargo & Company upped their price objective on Concentra Group Holdings Parent from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. Finally, Weiss Ratings raised Concentra Group Holdings Parent from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $30.20.

Read Our Latest Report on Concentra Group Holdings Parent

Concentra Group Holdings Parent Company Profile

(Free Report)

Concentra Group Holdings Parent (NYSE:CON) is a Canada-based financial services holding company that specializes in serving Canadian credit unions and their members. Through its operating subsidiaries, the group provides wholesale funding, lending solutions and investment management services tailored to the unique needs of cooperative financial institutions. Concentra’s broad suite of offerings includes trust and custody services, mortgage investment products and equipment financing, all designed to support credit-union growth and stability.

In addition to wholesale funding and lending, Concentra Group Holdings Parent distributes life and general insurance products through affiliated insurance brokers and credit-union channels.