Select Medical Holdings Co. (NYSE:SEM) VP Robert G. Breighner, Jr. Sells 4,989 Shares of Stock

Select Medical Holdings Co. (NYSE:SEM - Get Free Report) VP Robert G. Breighner, Jr. sold 4,989 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $19.95, for a total value of $99,530.55. Following the completion of the sale, the vice president now owns 30,356 shares of the company's stock, valued at approximately $605,602.20. This trade represents a 14.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Select Medical Trading Down 3.1 %

NYSE SEM opened at $19.82 on Friday. The firm has a market capitalization of $2.57 billion, a PE ratio of 9.26, a price-to-earnings-growth ratio of 0.41 and a beta of 1.43. Select Medical Holdings Co. has a one year low of $19.75 and a one year high of $40.98. The company has a 50-day simple moving average of $32.67 and a 200-day simple moving average of $34.23. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.13 and a current ratio of 1.13.

Select Medical (NYSE:SEM - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The health services provider reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.07. Select Medical had a net margin of 3.97% and a return on equity of 15.99%. The business had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same quarter last year, the company earned $0.46 EPS. The company's revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities analysts forecast that Select Medical Holdings Co. will post 1.97 earnings per share for the current year.

Select Medical Announces Dividend


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The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Wednesday, November 13th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.52%. The ex-dividend date was Wednesday, November 13th. Select Medical's dividend payout ratio (DPR) is presently 23.36%.

Analyst Ratings Changes

SEM has been the topic of a number of recent research reports. Benchmark cut shares of Select Medical from a "buy" rating to a "hold" rating in a research report on Monday, November 25th. StockNews.com upgraded Select Medical from a "hold" rating to a "buy" rating in a research note on Tuesday. Royal Bank of Canada raised their price objective on Select Medical from $40.00 to $47.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. Finally, Bank of America started coverage on shares of Select Medical in a research note on Tuesday, August 20th. They issued a "buy" rating and a $42.00 price target for the company.

Get Our Latest Research Report on SEM

Hedge Funds Weigh In On Select Medical

Several large investors have recently made changes to their positions in SEM. Dimensional Fund Advisors LP lifted its stake in Select Medical by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,498,772 shares of the health services provider's stock worth $157,728,000 after acquiring an additional 95,578 shares in the last quarter. Geode Capital Management LLC grew its position in Select Medical by 2.0% during the third quarter. Geode Capital Management LLC now owns 2,442,321 shares of the health services provider's stock valued at $85,180,000 after purchasing an additional 46,880 shares in the last quarter. Principal Financial Group Inc. increased its stake in Select Medical by 6.7% in the 3rd quarter. Principal Financial Group Inc. now owns 2,357,823 shares of the health services provider's stock valued at $82,208,000 after buying an additional 147,032 shares during the period. Point72 Asset Management L.P. boosted its stake in shares of Select Medical by 144.2% during the 3rd quarter. Point72 Asset Management L.P. now owns 2,059,791 shares of the health services provider's stock valued at $71,825,000 after buying an additional 1,216,263 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Select Medical by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,646,320 shares of the health services provider's stock worth $57,407,000 after acquiring an additional 24,439 shares in the last quarter. Institutional investors own 89.48% of the company's stock.

About Select Medical

(Get 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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