Select Medical Holdings Co. (NYSE:SEM) Shares Bought by Bokf Na

Bokf Na raised its stake in Select Medical Holdings Co. (NYSE:SEM) by 71.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,098 shares of the health services provider’s stock after acquiring an additional 6,283 shares during the quarter. Bokf Na’s holdings in Select Medical were worth $529,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Hexagon Capital Partners LLC lifted its stake in shares of Select Medical by 528.7% in the second quarter. Hexagon Capital Partners LLC now owns 767 shares of the health services provider’s stock worth $27,000 after acquiring an additional 645 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in shares of Select Medical during the second quarter valued at approximately $35,000. Fidelis Capital Partners LLC bought a new stake in Select Medical during the 1st quarter valued at $47,000. GAMMA Investing LLC lifted its holdings in Select Medical by 52.8% in the second quarter. GAMMA Investing LLC now owns 1,983 shares of the health services provider’s stock worth $70,000 after purchasing an additional 685 shares during the period. Finally, Innealta Capital LLC bought a new position in shares of Select Medical in the second quarter valued at approximately $117,000. Institutional investors and hedge funds own 89.48% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on SEM. Benchmark restated a “buy” rating and issued a $48.00 target price on shares of Select Medical in a report on Friday, September 6th. Bank of America began coverage on Select Medical in a research note on Tuesday, August 20th. They issued a “buy” rating and a $42.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $39.00.

Select Medical Stock Performance

Shares of NYSE:SEM opened at $35.30 on Tuesday. Select Medical Holdings Co. has a twelve month low of $21.28 and a twelve month high of $40.50. The business has a fifty day moving average of $35.64 and a 200-day moving average of $32.82. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $4.59 billion, a PE ratio of 16.81, a price-to-earnings-growth ratio of 2.09 and a beta of 1.42.

Select Medical (NYSE:SEM) last released its quarterly earnings data on Thursday, August 1st. The health services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). Select Medical had a net margin of 3.91% and a return on equity of 17.50%. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the company posted $0.61 EPS. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, equities research analysts predict that Select Medical Holdings Co. will post 2.07 EPS for the current fiscal year.

Select Medical Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a $0.125 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $0.50 annualized dividend and a yield of 1.42%. Select Medical’s dividend payout ratio is 23.81%.

Select Medical Profile

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.