Stephens Inc. AR reduced its position in Select Medical Holdings Corporation (NYSE:SEM) by 12.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 69,415 shares of the health services provider’s stock after selling 9,807 shares during the period. Stephens Inc. AR owned 0.05% of Select Medical Holdings Corporation worth $1,066,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in shares of Select Medical Holdings Corporation by 49,224.7% in the 1st quarter. BlackRock Inc. now owns 13,621,516 shares of the health services provider’s stock valued at $181,847,000 after buying an additional 13,593,900 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in shares of Select Medical Holdings Corporation by 2.8% in the 1st quarter. UBS Asset Management Americas Inc. now owns 92,573 shares of the health services provider’s stock valued at $1,236,000 after buying an additional 2,500 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in shares of Select Medical Holdings Corporation in the 1st quarter valued at about $343,000. Swiss National Bank boosted its holdings in shares of Select Medical Holdings Corporation by 2.6% in the 1st quarter. Swiss National Bank now owns 174,500 shares of the health services provider’s stock valued at $2,330,000 after buying an additional 4,400 shares in the last quarter. Finally, Boston Partners boosted its holdings in shares of Select Medical Holdings Corporation by 2.7% in the 2nd quarter. Boston Partners now owns 1,602,433 shares of the health services provider’s stock valued at $24,597,000 after buying an additional 42,151 shares in the last quarter. Institutional investors and hedge funds own 79.01% of the company’s stock.

WARNING: “Select Medical Holdings Corporation (SEM) Stake Decreased by Stephens Inc. AR” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/09/17/select-medical-holdings-corporation-sem-stake-decreased-by-stephens-inc-ar.html.

A number of analysts have recently weighed in on SEM shares. Royal Bank Of Canada restated a “buy” rating and issued a $19.00 price target on shares of Select Medical Holdings Corporation in a report on Wednesday. ValuEngine upgraded shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Tuesday, August 8th. Benchmark Co. raised their price target on shares of Select Medical Holdings Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a report on Monday, August 7th. Finally, BidaskClub upgraded shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a report on Thursday, June 29th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $17.57.

In other Select Medical Holdings Corporation news, EVP Michael E. Tarvin sold 4,500 shares of the stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $15.25, for a total value of $68,625.00. Following the transaction, the executive vice president now directly owns 324,137 shares in the company, valued at $4,943,089.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael E. Tarvin sold 7,948 shares of the stock in a transaction that occurred on Tuesday, June 27th. The shares were sold at an average price of $15.25, for a total transaction of $121,207.00. Following the completion of the transaction, the executive vice president now owns 324,137 shares in the company, valued at $4,943,089.25. The disclosure for this sale can be found here. Insiders sold 180,473 shares of company stock worth $3,098,078 over the last quarter. 19.93% of the stock is currently owned by insiders.

Shares of Select Medical Holdings Corporation (NYSE SEM) opened at 18.20 on Friday. The company has a 50-day moving average of $17.32 and a 200-day moving average of $14.91. Select Medical Holdings Corporation has a 1-year low of $10.20 and a 1-year high of $18.80. The firm has a market capitalization of $2.42 billion, a PE ratio of 28.84 and a beta of 1.44.

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

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)

Receive News & Stock Ratings for Select Medical Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Medical Holdings Corporation and related stocks with our FREE daily email newsletter.