6 days Ago By ABMN Staff
Franklin Resources Inc. lessened its position in Select Medical Holdings Co. ( NYSE:SEM – Free Report ) by 1.
2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,582 shares of the health services provider’s stock after selling 866 shares during the period. Franklin Resources Inc.
owned approximately 0.05% of Select Medical worth $1,293,000 as of its most recent filing with the SEC. Other hedge funds also recently bought and sold shares of the company.
Jane Street Group LLC raised its stake in Select Medical by 14.2% during the 3rd quarter. Jane Street Group LLC now owns 127,504 shares of the health services provider’s stock worth $4,446,000 after buying an additional 15,827 shares during the period.
Barclays PLC raised its position in shares of Select Medical by 396.0% during the third quarter. Barclays PLC now owns 192,357 shares of the health services provider’s stock worth $6,707,000 after purchasing an additional 153,576 shares during the period.
Geode Capital Management LLC lifted its holdings in shares of Select Medical by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,442,321 shares of the health services provider’s stock valued at $85,180,000 after purchasing an additional 46,880 shares in the last quarter.
Virtu Financial LLC acquired a new position in shares of Select Medical in the 3rd quarter valued at approximately $210,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Select Medical during the 3rd quarter worth approximately $81,000. 89.
48% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades SEM has been the subject of several research analyst reports. StockNews.
com upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a report on Friday, February 21st. UBS Group lowered their target price on Select Medical from $40.00 to $21.
00 and set a “neutral” rating for the company in a report on Friday, January 3rd. Royal Bank of Canada cut their price target on Select Medical from $47.00 to $23.
00 and set an “outperform” rating on the stock in a report on Monday, February 24th. Finally, Benchmark upgraded Select Medical from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Monday, February 24th.
One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.25.
Select Medical Trading Up 1.0 % Select Medical stock opened at $16.60 on Tuesday.
The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 1.
13. The firm has a 50-day moving average of $17.49 and a 200-day moving average of $23.
33. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 10.
06, a P/E/G ratio of 0.64 and a beta of 1.38.
Select Medical Holdings Co. has a one year low of $14.99 and a one year high of $40.
98. Select Medical ( NYSE:SEM – Get Free Report ) last posted its quarterly earnings results on Thursday, February 20th. The health services provider reported $0.
18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.11).
The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.50 billion.
Select Medical had a net margin of 3.23% and a return on equity of 14.04%.
On average, equities analysts expect that Select Medical Holdings Co. will post 1.17 earnings per share for the current fiscal year.
Select Medical Cuts Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.0625 per share.
The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.25 annualized dividend and a dividend yield of 1.
51%. Select Medical’s dividend payout ratio is presently 15.15%.
Select Medical Profile ( Free Report ) Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra. Featured Stories Receive News & Ratings for Select Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Medical and related companies with MarketBeat.
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