SCHEDULE 13G: T. Rowe Price Investment Management Discloses 6.8% Stake in Concentra Group Holdings
Beneficial Ownership Report
T. Rowe Price Investment Management, Inc. has reported a beneficial ownership of 6.8% in Concentra Group Holdings PAR's common stock as of December 31, 2024.
Summary
- T. Rowe Price Investment Management, Inc. filed a Schedule 13G, indicating its beneficial ownership in Concentra Group Holdings PAR.
- As of December 31, 2024, T. Rowe Price Investment Management, Inc. beneficially owned an aggregate of 8,610,562 shares of Concentra Group Holdings PAR's common stock.
- This ownership represents 6.8% of the total class of common stock.
- The firm holds sole voting power over 8,583,038 shares and sole dispositive power over 8,610,562 shares.
- T. Rowe Price Investment Management, Inc. is classified as an investment adviser (IA) and certified that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements that would influence sentiment.
Future Outlook
This document does not contain any forward-looking statements or guidance regarding the issuer's future outlook.
Industry Context
This filing reflects a standard disclosure of institutional ownership by a major investment management firm, T. Rowe Price, in a healthcare-related entity, Concentra Group Holdings PAR. Such disclosures are common and provide transparency into significant shareholder positions within publicly traded companies.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.
- Company Management: Awareness of a large institutional investor's position, though the filing states the stake is not for control purposes.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end date for ownership). |
| 02/14/2025 | Date the Schedule 13G statement was signed and filed. |
Keywords
T. Rowe Price Investment Management, Concentra Group Holdings PAR, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Institutional Ownership, SEC Filing
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