Capula Management Ltd bought a new stake in Select Medical Holdings Corporation (NYSE:SEM – Free Report) during the 1st quarter, HoldingsChannel.com reports. The fund bought 206,810 shares of the health services provider’s stock, valued at approximately $3,369,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SEM. Dimensional Fund Advisors LP grew its stake in Select Medical by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,536,331 shares of the health services provider’s stock valued at $90,188,000 after purchasing an additional 202,736 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Select Medical by 0.5% during the first quarter. Bank of New York Mellon Corp now owns 1,067,640 shares of the health services provider’s stock worth $17,392,000 after purchasing an additional 5,356 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Select Medical by 1.6% during the first quarter. Principal Financial Group Inc. now owns 535,625 shares of the health services provider’s stock worth $8,725,000 after purchasing an additional 8,454 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Select Medical by 183.2% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 77,251 shares of the health services provider’s stock valued at $1,258,000 after buying an additional 49,970 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in Select Medical by 3,320.4% in the 1st quarter. Fifth Third Bancorp now owns 24,627 shares of the health services provider’s stock worth $401,000 after buying an additional 23,907 shares during the period. Institutional investors and hedge funds own 89.48% of the company’s stock.
Analysts Set New Price Targets
Several analysts have commented on the stock. Mizuho restated a “neutral” rating and set a $16.50 price objective (down from $17.00) on shares of Select Medical in a research note on Tuesday, May 12th. Weiss Ratings upgraded shares of Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Zacks Research upgraded shares of Select Medical from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $15.50.
Select Medical Price Performance
Select Medical stock opened at $16.51 on Friday. The business’s 50-day moving average price is $16.54 and its 200 day moving average price is $16.13. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.88. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 15.58, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. Select Medical Holdings Corporation has a 52 week low of $11.65 and a 52 week high of $16.99.
Select Medical (NYSE:SEM – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The health services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.07). The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Select Medical had a return on equity of 6.62% and a net margin of 2.42%.The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 EPS. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. As a group, sell-side analysts anticipate that Select Medical Holdings Corporation will post 1.26 earnings per share for the current year.
Select Medical Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.25 dividend on an annualized basis and a yield of 1.5%. Select Medical’s dividend payout ratio is 23.58%.
Select Medical Profile
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.
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