1 week Ago By ABMN Staff
Sei Investments Co. decreased its position in shares of Select Medical Holdings Co. ( NYSE:SEM – Free Report ) by 4.
6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,681 shares of the health services provider’s stock after selling 2,903 shares during the period. Sei Investments Co.
’s holdings in Select Medical were worth $1,144,000 at the end of the most recent reporting period. Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its position in Select Medical by 141.
0% in the third quarter. BNP Paribas Financial Markets now owns 26,720 shares of the health services provider’s stock worth $932,000 after purchasing an additional 15,635 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Select Medical by 14.
7% in the 3rd quarter. Janus Henderson Group PLC now owns 54,021 shares of the health services provider’s stock worth $1,883,000 after buying an additional 6,922 shares during the last quarter. Quarry LP purchased a new stake in shares of Select Medical during the 3rd quarter valued at about $30,000.
Jane Street Group LLC lifted its holdings in shares of Select Medical by 14.2% in the 3rd quarter. Jane Street Group LLC now owns 127,504 shares of the health services provider’s stock valued at $4,446,000 after acquiring an additional 15,827 shares during the last quarter.
Finally, XTX Topco Ltd purchased a new position in Select Medical in the third quarter worth about $580,000. 89.48% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In A number of equities research analysts have issued reports on SEM shares. StockNews.com upgraded Select Medical from a “hold” rating to a “buy” rating in a research report on Friday, February 21st.
UBS Group decreased 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.
Benchmark raised shares of Select Medical from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Monday, February 24th. Finally, Royal Bank of Canada reduced their target price on shares of Select Medical from $47.
00 to $23.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock.
According to MarketBeat.com, Select Medical has an average rating of “Moderate Buy” and a consensus price target of $27.25.
Select Medical Stock Performance Shares of NYSE:SEM opened at $15.69 on Tuesday. The firm’s 50 day simple moving average is $17.
99 and its 200-day simple moving average is $24.16. The company has a debt-to-equity ratio of 1.
37, a quick ratio of 1.13 and a current ratio of 1.13.
Select Medical Holdings Co. has a one year low of $14.99 and a one year high of $40.
98. The firm has a market cap of $2.02 billion, a PE ratio of 9.
51, a price-to-earnings-growth ratio of 0.64 and a beta of 1.38.
Select Medical ( NYSE:SEM – Get Free Report ) last issued its earnings results on Thursday, February 20th. The health services provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.
29 by ($0.11). The firm had revenue of $1.
31 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Select Medical had a return on equity of 14.
04% and a net margin of 3.23%. As a group, equities analysts predict that Select Medical Holdings Co.
will post 1.17 EPS for the current year. Select Medical Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th.
Investors of record on Monday, March 3rd were paid a $0.0625 dividend. This represents a $0.
25 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date was Monday, March 3rd.
Select Medical’s dividend payout ratio (DPR) is 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 Articles 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.
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