Horizon Investments LLC Takes $608,000 Position in Select Medical Holdings Corporation $SEM

Horizon Investments LLC acquired a new stake in shares of Select Medical Holdings Corporation (NYSE:SEM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,927 shares of the health services provider’s stock, valued at approximately $608,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SEM. Quantbot Technologies LP acquired a new stake in shares of Select Medical in the 3rd quarter worth about $27,000. Cornerstone Planning Group LLC raised its holdings in shares of Select Medical by 6,868.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 3,972 shares of the health services provider’s stock worth $51,000 after acquiring an additional 3,915 shares during the last quarter. First Horizon Corp acquired a new stake in shares of Select Medical in the 4th quarter worth about $52,000. GAMMA Investing LLC raised its holdings in shares of Select Medical by 147.9% in the 4th quarter. GAMMA Investing LLC now owns 4,713 shares of the health services provider’s stock worth $70,000 after acquiring an additional 2,812 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its holdings in shares of Select Medical by 20.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock worth $74,000 after acquiring an additional 999 shares during the last quarter. Institutional investors and hedge funds own 89.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SEM shares. Zacks Research upgraded shares of Select Medical from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Wall Street Zen lowered shares of Select Medical from a “buy” rating to a “hold” rating in a report on Monday, March 9th. Royal Bank Of Canada restated a “sector perform” rating and issued a $16.50 target price (down from $19.00) on shares of Select Medical in a report on Tuesday, March 3rd. Weiss Ratings raised shares of Select Medical from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 20th. Finally, Benchmark downgraded shares of Select Medical from a “buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $15.63.

Select Medical Trading Down 0.2%

Shares of SEM stock opened at $16.42 on Friday. Select Medical Holdings Corporation has a 52-week low of $11.65 and a 52-week high of $16.99. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.15 and a current ratio of 1.15. The company has a 50-day simple moving average of $16.23 and a two-hundred day simple moving average of $15.31. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 0.94 and a beta of 1.02.

Select Medical (NYSE:SEM) last issued its quarterly earnings data on Thursday, April 30th. The health services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.07). Select Medical had a return on equity of 6.62% and a net margin of 2.42%.The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Research analysts anticipate that Select Medical Holdings Corporation will post 1.27 EPS for the current fiscal year.

Select Medical declared that its board has authorized a share buyback plan on Thursday, February 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the health services provider to repurchase up to 49.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Select Medical Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 14th. Select Medical’s dividend payout ratio is currently 23.58%.

About Select Medical

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.