Boston Partners boosted its stake in shares of Select Medical Holdings Corporation (NYSE:SEM) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,602,433 shares of the health services provider’s stock after buying an additional 42,151 shares during the period. Boston Partners owned 1.21% of Select Medical Holdings Corporation worth $24,597,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SEM. AQR Capital Management LLC boosted its position in Select Medical Holdings Corporation by 2.4% in the fourth quarter. AQR Capital Management LLC now owns 28,061 shares of the health services provider’s stock valued at $372,000 after buying an additional 658 shares in the last quarter. Teachers Advisors LLC boosted its position in Select Medical Holdings Corporation by 2.9% in the fourth quarter. Teachers Advisors LLC now owns 189,476 shares of the health services provider’s stock valued at $2,511,000 after buying an additional 5,286 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Select Medical Holdings Corporation by 1.6% in the first quarter. Louisiana State Employees Retirement System now owns 43,800 shares of the health services provider’s stock valued at $585,000 after buying an additional 700 shares in the last quarter. Everence Capital Management Inc. purchased a new position in Select Medical Holdings Corporation during the first quarter valued at $156,000. Finally, State of Alaska Department of Revenue boosted its position in Select Medical Holdings Corporation by 2.9% in the first quarter. State of Alaska Department of Revenue now owns 11,860 shares of the health services provider’s stock valued at $158,000 after buying an additional 330 shares in the last quarter. 79.42% of the stock is owned by institutional investors and hedge funds.

Select Medical Holdings Corporation (NYSE SEM) opened at 17.40 on Tuesday. Select Medical Holdings Corporation has a 52-week low of $10.20 and a 52-week high of $18.80. The company has a market capitalization of $2.31 billion, a PE ratio of 27.58 and a beta of 1.45. The firm’s 50-day moving average is $16.19 and its 200-day moving average is $14.17.

Select Medical Holdings Corporation (NYSE:SEM) last announced its earnings results on Thursday, August 3rd. The health services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. Select Medical Holdings Corporation had a return on equity of 9.61% and a net margin of 1.95%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the firm posted $0.23 EPS. The business’s revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts forecast that Select Medical Holdings Corporation will post $0.90 EPS for the current year.

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SEM has been the subject of several analyst reports. Zacks Investment Research cut shares of Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. BidaskClub raised shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, June 29th. Robert W. Baird raised shares of Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $15.00 to $21.00 in a research report on Monday, August 7th. Benchmark Co. lifted their price objective on shares of Select Medical Holdings Corporation from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. Finally, Deutsche Bank AG lifted their price objective on shares of Select Medical Holdings Corporation from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Monday, August 7th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $17.29.

In other news, EVP Michael E. Tarvin sold 4,500 shares of the stock in a transaction on Monday, June 26th. The stock was sold at an average price of $15.25, for a total transaction of $68,625.00. Following the completion of the transaction, the executive vice president now owns 324,137 shares in the company, valued at approximately $4,943,089.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Scott A. Romberger sold 3,127 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $14.37, for a total value of $44,934.99. Following the transaction, the insider now owns 159,084 shares of the company’s stock, valued at approximately $2,286,037.08. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 50,575 shares of company stock valued at $768,517. Insiders own 19.93% of the company’s stock.

Select Medical Holdings Corporation Company Profile

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.

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

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