5 hours Ago By ABMN Staff
Legal & General Group Plc decreased its holdings in Select Medical Holdings Co. ( NYSE:SEM – Free Report ) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 307,661 shares of the health services provider’s stock after selling 9,888 shares during the period. Legal & General Group Plc’s holdings in Select Medical were worth $5,799,000 at the end of the most recent reporting period. A number of other large investors also recently added to or reduced their stakes in SEM.
Barclays PLC boosted 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 acquiring an additional 153,576 shares during the last quarter.
Virtu Financial LLC purchased a new stake in shares of Select Medical in the third quarter worth about $210,000. Wilmington Savings Fund Society FSB purchased a new position in Select Medical during the 3rd quarter valued at approximately $81,000. Tidal Investments LLC bought a new position in shares of Select Medical during the 3rd quarter valued at approximately $286,000.
Finally, Franklin Resources Inc. increased its position in Select Medical by 12.0% in the third quarter.
Franklin Resources Inc. now owns 69,448 shares of the health services provider’s stock worth $2,354,000 after purchasing an additional 7,441 shares during the last quarter. 89.
48% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In Several analysts have recently issued reports on SEM shares. StockNews.
com upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Mizuho began coverage on Select Medical in a report on Wednesday, April 16th. They set an “outperform” rating and a $25.
00 price target on the stock. Benchmark raised shares of Select Medical from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Monday, February 24th.
Royal Bank of Canada cut their price target on shares of Select Medical from $47.00 to $23.00 and set an “outperform” rating on the stock in a report on Monday, February 24th.
Finally, UBS Group reduced their price target on Select Medical from $40.00 to $21.00 and set a “neutral” rating on the stock in a report on Friday, January 3rd.
One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.80.
Select Medical Trading Up 0.1 % SEM opened at $16.35 on Monday.
The company has a market capitalization of $2.11 billion, a P/E ratio of 9.91, a PEG ratio of 0.
64 and a beta of 1.38. The company has a quick ratio of 1.
13, a current ratio of 1.13 and a debt-to-equity ratio of 1.37.
Select Medical Holdings Co. has a 52 week low of $14.99 and a 52 week high of $40.
98. The stock’s fifty day moving average is $17.27 and its two-hundred day moving average is $22.
83. Select Medical ( NYSE:SEM – Get Free Report ) last released its quarterly earnings data on Thursday, February 20th. The health services provider reported $0.
18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.11).
Select Medical had a net margin of 3.23% and a return on equity of 14.04%.
The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.50 billion.
Analysts forecast that Select Medical Holdings Co. will post 1.17 earnings per share for the current 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 given a $0.0625 dividend.
This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.53%.
The ex-dividend date of this dividend was Monday, March 3rd. Select Medical’s payout ratio is currently 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. Further Reading Want to see what other hedge funds are holding SEM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Select Medical Holdings Co. ( NYSE:SEM – Free Report ). 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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