1,552 Shares in Select Medical Holdings Co. (NYSE:SEM) Bought by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC bought a new position in shares of Select Medical Holdings Co. (NYSE:SEMFree Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,552 shares of the health services provider’s stock, valued at approximately $47,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Watershed Asset Management L.L.C. increased its holdings in shares of Select Medical by 8.2% in the fourth quarter. Watershed Asset Management L.L.C. now owns 10,760 shares of the health services provider’s stock valued at $253,000 after purchasing an additional 814 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Select Medical in the fourth quarter valued at about $777,000. Denali Advisors LLC boosted its position in shares of Select Medical by 96.7% in the first quarter. Denali Advisors LLC now owns 125,483 shares of the health services provider’s stock valued at $3,783,000 after acquiring an additional 61,700 shares during the period. Vanguard Group Inc. boosted its position in shares of Select Medical by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 12,347,798 shares of the health services provider’s stock valued at $290,173,000 after acquiring an additional 342,496 shares during the period. Finally, Capstone Investment Advisors LLC bought a new stake in shares of Select Medical in the first quarter valued at about $690,000. 89.48% of the stock is currently owned by institutional investors and hedge funds.

Select Medical Stock Performance

NYSE:SEM opened at $35.62 on Wednesday. The company has a market capitalization of $4.63 billion, a PE ratio of 16.96, a P/E/G ratio of 1.70 and a beta of 1.43. The company has a 50 day simple moving average of $33.84 and a two-hundred day simple moving average of $29.56. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.22 and a current ratio of 1.22. Select Medical Holdings Co. has a fifty-two week low of $21.28 and a fifty-two week high of $36.61.

Select Medical (NYSE:SEMGet Free Report) last released its earnings results on Thursday, May 2nd. The health services provider reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.22. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.70 billion. Select Medical had a net margin of 3.97% and a return on equity of 18.11%. Research analysts anticipate that Select Medical Holdings Co. will post 2.1 earnings per share for the current year.

Select Medical Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Thursday, May 16th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Wednesday, May 15th. Select Medical’s dividend payout ratio is currently 23.81%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. StockNews.com raised shares of Select Medical from a “hold” rating to a “buy” rating in a research report on Friday, March 22nd. Benchmark reissued a “buy” rating and set a $39.00 target price on shares of Select Medical in a research note on Friday, May 3rd. Finally, Royal Bank of Canada upped their price objective on Select Medical from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Select Medical has an average rating of “Moderate Buy” and an average price target of $34.25.

Read Our Latest Report on Select Medical

Select Medical Profile

(Free Report)

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.

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

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