Western Standard LLC Makes New $13.55 Million Investment in Select Medical Holdings Corporation $SEM

Western Standard LLC purchased a new stake in Select Medical Holdings Corporation (NYSE:SEM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,055,357 shares of the health services provider’s stock, valued at approximately $13,551,000. Select Medical makes up 4.0% of Western Standard LLC’s investment portfolio, making the stock its 4th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. MAI Capital Management grew its holdings in Select Medical by 48,000.0% in the 2nd quarter. MAI Capital Management now owns 2,405 shares of the health services provider’s stock valued at $37,000 after buying an additional 2,400 shares in the last quarter. Cornerstone Planning Group LLC increased its position in Select Medical by 6,868.4% during the third quarter. Cornerstone Planning Group LLC now owns 3,972 shares of the health services provider’s stock worth $51,000 after purchasing an additional 3,915 shares during the last quarter. Wilmington Savings Fund Society FSB raised its stake in Select Medical by 20.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock worth $74,000 after purchasing an additional 999 shares during the period. Advisors Asset Management Inc. grew its stake in shares of Select Medical by 13.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 7,135 shares of the health services provider’s stock valued at $108,000 after buying an additional 834 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Select Medical by 15.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,828 shares of the health services provider’s stock worth $134,000 after buying an additional 1,208 shares during the last quarter. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Select Medical Stock Up 0.2%

SEM stock opened at $14.93 on Friday. The stock has a market cap of $1.85 billion, a P/E ratio of 12.98, a PEG ratio of 0.84 and a beta of 1.25. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.89. Select Medical Holdings Corporation has a twelve month low of $11.65 and a twelve month high of $18.76. The company’s 50 day moving average is $15.28 and its two-hundred day moving average is $14.14.

Select Medical (NYSE:SEM) last posted its earnings results on Thursday, February 19th. The health services provider reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.07). Select Medical had a net margin of 2.68% and a return on equity of 7.26%. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the business earned $0.18 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Research analysts expect that Select Medical Holdings Corporation will post 1.17 earnings per share for the current fiscal year.

Select Medical announced that its Board of Directors has authorized a share buyback plan on Thursday, February 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the health services provider to buy up to 49.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Select Medical Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, March 2nd. Select Medical’s payout ratio is presently 21.74%.

Analyst Upgrades and Downgrades

SEM has been the subject of several analyst reports. Wall Street Zen lowered Select Medical from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings upgraded shares of Select Medical from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 20th. Mizuho set a $17.00 price objective on shares of Select Medical in a report on Monday, November 3rd. Finally, Royal Bank Of Canada dropped their target price on Select Medical from $20.00 to $19.00 and set an “outperform” rating for the company in a research report on Monday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.25.

Select Medical Company Profile

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.