96,787 Shares in Select Medical Holdings Co. (NYSE:SEM) Acquired by Leuthold Group LLC

Leuthold Group LLC acquired a new position in shares of Select Medical Holdings Co. (NYSE:SEM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 96,787 shares of the health services provider’s stock, valued at approximately $3,393,000. Leuthold Group LLC owned about 0.07% of Select Medical as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Foster & Motley Inc. boosted its stake in Select Medical by 3.1% in the second quarter. Foster & Motley Inc. now owns 12,147 shares of the health services provider’s stock worth $426,000 after buying an additional 370 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Select Medical by 6.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 6,563 shares of the health services provider’s stock valued at $198,000 after buying an additional 405 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of Select Medical by 2.0% in the second quarter. Arizona State Retirement System now owns 30,544 shares of the health services provider’s stock worth $1,071,000 after buying an additional 593 shares during the period. Hexagon Capital Partners LLC lifted its stake in shares of Select Medical by 528.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 767 shares of the health services provider’s stock valued at $27,000 after acquiring an additional 645 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Select Medical by 52.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,983 shares of the health services provider’s stock valued at $70,000 after acquiring an additional 685 shares during the period. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Analyst Ratings Changes

SEM has been the subject of several recent research reports. Benchmark reiterated a “buy” rating and issued a $48.00 price objective on shares of Select Medical in a research report on Friday, September 6th. Bank of America initiated coverage on shares of Select Medical in a research note on Tuesday, August 20th. They set a “buy” rating and a $42.00 price objective for the company. 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

Select Medical Stock Up 1.1 %

Shares of NYSE SEM opened at $35.30 on Thursday. The firm has a fifty day simple moving average of $35.61 and a two-hundred day simple moving average of $32.90. The firm has a market capitalization 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. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 2.11. Select Medical Holdings Co. has a 12 month low of $21.28 and a 12 month high of $40.50.

Select Medical (NYSE:SEM) last announced its earnings results on Thursday, August 1st. The health services provider reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.01). The firm had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.74 billion. Select Medical had a return on equity of 17.50% and a net margin of 3.91%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.61 EPS. Equities analysts expect that Select Medical Holdings Co. will post 2.07 earnings per share for the current year.

Select Medical Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $0.50 annualized dividend and a dividend yield of 1.42%. Select Medical’s 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.