Public Employees Retirement System of Ohio boosted its position in shares of Select Medical Holdings Corporation (NYSE:SEM) by 1.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,364 shares of the health services provider’s stock after purchasing an additional 487 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Select Medical Holdings Corporation were worth $773,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in SEM. PNC Financial Services Group Inc. raised its holdings in Select Medical Holdings Corporation by 0.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,313 shares of the health services provider’s stock worth $111,000 after purchasing an additional 70 shares during the last quarter. Pacad Investment Ltd. raised its holdings in Select Medical Holdings Corporation by 58.7% during the 2nd quarter. Pacad Investment Ltd. now owns 7,300 shares of the health services provider’s stock worth $112,000 after purchasing an additional 2,700 shares during the last quarter. Riverhead Capital Management LLC raised its holdings in Select Medical Holdings Corporation by 78.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,722 shares of the health services provider’s stock worth $134,000 after purchasing an additional 3,822 shares during the last quarter. Flinton Capital Management LLC raised its holdings in Select Medical Holdings Corporation by 75.8% during the 2nd quarter. Flinton Capital Management LLC now owns 9,744 shares of the health services provider’s stock worth $150,000 after purchasing an additional 4,200 shares during the last quarter. Finally, Shelton Capital Management bought a new stake in Select Medical Holdings Corporation during the 2nd quarter worth about $164,000. 78.93% of the stock is owned by hedge funds and other institutional investors.

In other news, insider David S. Chernow sold 133,025 shares of the company’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $17.85, for a total value of $2,374,496.25. Following the completion of the sale, the insider now directly owns 729,815 shares of the company’s stock, valued at approximately $13,027,197.75. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael E. Tarvin sold 18,500 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $18.97, for a total value of $350,945.00. Following the completion of the sale, the insider now directly owns 340,044 shares of the company’s stock, valued at $6,450,634.68. The disclosure for this sale can be found here. Corporate insiders own 19.93% of the company’s stock.

Shares of Select Medical Holdings Corporation (SEM) opened at $16.95 on Friday. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $2,271.67, a PE ratio of 21.49, a PEG ratio of 1.32 and a beta of 1.40. Select Medical Holdings Corporation has a 52 week low of $11.40 and a 52 week high of $19.77.

Select Medical Holdings Corporation (NYSE:SEM) last announced its quarterly earnings results on Thursday, November 2nd. The health services provider reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Select Medical Holdings Corporation had a net margin of 2.21% and a return on equity of 11.44%. The business’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company earned $0.06 earnings per share. sell-side analysts predict that Select Medical Holdings Corporation will post 0.86 earnings per share for the current year.

Several analysts have weighed in on SEM shares. ValuEngine raised Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research cut Select Medical Holdings Corporation from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Deutsche Bank AG reissued a “buy” rating and set a $22.00 price objective on shares of Select Medical Holdings Corporation in a report on Monday, November 6th. Robert W. Baird reissued a “buy” rating and set a $21.00 price objective on shares of Select Medical Holdings Corporation in a report on Tuesday, October 17th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $19.00 price objective on shares of Select Medical Holdings Corporation in a report on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Select Medical Holdings Corporation currently has a consensus rating of “Hold” and an average price target of $18.14.

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About Select Medical Holdings Corporation

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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