Rangeley Capital LLC Sells 31,072 Shares of Select Medical Holdings Corporation $SEM

Rangeley Capital LLC cut its stake in Select Medical Holdings Corporation (NYSE:SEM) by 38.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,000 shares of the health services provider’s stock after selling 31,072 shares during the period. Rangeley Capital LLC’s holdings in Select Medical were worth $814,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC raised its position in Select Medical by 7,554.6% during the first quarter. Hsbc Holdings PLC now owns 2,245,163 shares of the health services provider’s stock valued at $36,596,000 after purchasing an additional 2,215,832 shares in the last quarter. 8 Knots Management LLC purchased a new position in shares of Select Medical in the 2nd quarter worth about $26,568,000. Millennium Management LLC increased its position in shares of Select Medical by 407.9% during the 3rd quarter. Millennium Management LLC now owns 1,590,339 shares of the health services provider’s stock valued at $20,420,000 after purchasing an additional 1,277,233 shares during the last quarter. Adage Capital Partners GP L.L.C. bought a new position in shares of Select Medical during the 4th quarter valued at about $17,603,000. Finally, Western Standard LLC raised its holdings in shares of Select Medical by 95.6% during the 4th quarter. Western Standard LLC now owns 2,064,021 shares of the health services provider’s stock valued at $30,651,000 after buying an additional 1,008,664 shares in the last quarter. Institutional investors own 89.48% of the company’s stock.

Select Medical Price Performance

Shares of NYSE:SEM opened at $16.51 on Monday. The stock has a market capitalization of $2.05 billion, a P/E ratio of 15.58, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. The stock’s 50-day moving average price is $16.54 and its 200-day moving average price is $16.14. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.88. Select Medical Holdings Corporation has a 12-month low of $11.65 and a 12-month high of $16.99.

Select Medical (NYSE:SEM) last released its earnings results on Thursday, April 30th. The health services provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.07). The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Select Medical had a net margin of 2.42% and a return on equity of 6.62%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $0.44 EPS. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, equities analysts anticipate that Select Medical Holdings Corporation will post 1.26 earnings per share for the current year.

Select Medical Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a $0.0625 dividend. The ex-dividend date was Thursday, May 14th. This represents a $0.25 annualized dividend and a yield of 1.5%. Select Medical’s payout ratio is presently 23.58%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Weiss Ratings raised Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Mizuho reissued a “neutral” rating and set a $16.50 price target (down from $17.00) on shares of Select Medical in a research note on Tuesday, May 12th. Finally, Zacks Research upgraded shares of Select Medical from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Select Medical has a consensus rating of “Hold” and an average target price of $15.50.

About Select Medical

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.