LSV Asset Management boosted its position in Select Medical Holdings Corp. (NYSE:SEM) by 4.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,860,491 shares of the company’s stock after buying an additional 219,200 shares during the period. LSV Asset Management owned about 3.70% of Select Medical Holdings Corp. worth $65,616,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Group LTD boosted its stake in Select Medical Holdings Corp. by 10.7% in the first quarter. BlackRock Group LTD now owns 96,648 shares of the company’s stock worth $1,142,000 after buying an additional 9,373 shares during the period. State Street Corp boosted its stake in Select Medical Holdings Corp. by 15.4% in the first quarter. State Street Corp now owns 2,552,116 shares of the company’s stock worth $30,137,000 after buying an additional 341,371 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Select Medical Holdings Corp. by 130.9% in the second quarter. BNP Paribas Arbitrage SA now owns 40,206 shares of the company’s stock worth $437,000 after buying an additional 22,797 shares during the period. Fisher Asset Management LLC boosted its stake in Select Medical Holdings Corp. by 0.5% in the second quarter. Fisher Asset Management LLC now owns 4,834,631 shares of the company’s stock worth $54,100,000 after buying an additional 26,368 shares during the period. Finally, Capstone Asset Management Co. boosted its stake in Select Medical Holdings Corp. by 0.4% in the second quarter. Capstone Asset Management Co. now owns 46,370 shares of the company’s stock worth $504,000 after buying an additional 170 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Institutional Ownership by Quarter for Select Medical Holdings Corp. (NYSE:SEM)

Select Medical Holdings Corp. (NYSE:SEM) opened at 12.80 on Wednesday. The firm has a market cap of $1.69 billion, a PE ratio of 13.62 and a beta of 1.07. Select Medical Holdings Corp. has a 12 month low of $7.33 and a 12 month high of $14.30. The company has a 50-day moving average price of $12.72 and a 200 day moving average price of $12.15.

Select Medical Holdings Corp. (NYSE:SEM) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by $0.09. The firm earned $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Select Medical Holdings Corp. had a net margin of 2.91% and a return on equity of 9.53%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 earnings per share. Equities research analysts anticipate that Select Medical Holdings Corp. will post $0.68 EPS for the current year.

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Several equities analysts recently issued reports on SEM shares. Zacks Investment Research upgraded Select Medical Holdings Corp. from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research report on Tuesday, August 9th. JMP Securities cut Select Medical Holdings Corp. from a “market perform” rating to an “underperform” rating and set a $10.00 price target on the stock. in a research report on Wednesday, September 28th.

In other news, insider David S. Chernow sold 90,164 shares of the stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $12.11, for a total transaction of $1,091,886.04. Following the transaction, the insider now owns 1,010,453 shares of the company’s stock, valued at $12,236,585.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David S. Chernow sold 50,000 shares of the stock in a transaction dated Friday, September 30th. The stock was sold at an average price of $13.51, for a total transaction of $675,500.00. Following the transaction, the insider now directly owns 799,075 shares in the company, valued at approximately $10,795,503.25. The disclosure for this sale can be found here. 19.63% of the stock is currently owned by company insiders.

Select Medical Holdings Corp. Company Profile

Select Medical Holdings Corporation is an operator of specialty hospitals and outpatient rehabilitation clinics. The Company, through its contract therapy business, provides medical rehabilitation services on a contracted basis to nursing homes, hospitals, assisted living and senior care centers, schools and work sites.

5 Day Chart for NYSE:SEM

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