CX Institutional Has $1.45 Million Stock Holdings in Select Medical Holdings Corporation $SEM

Key Points

• CX Institutional significantly increased its stake in Select Medical Holdings Corporation by 99.3% during Q2, now owning approximately 0.07% of the company valued at $1.45 million.
• Several hedge funds have also adjusted their positions, with institutional investors owning 89.48% of Select Medical's stock.
• Analysts have rated the stock with a consensus of "Moderate Buy" and a target price averaging $19.20, despite a recent drop in share price to $12.38.

CX Institutional boosted its position in shares of Select Medical Holdings Corporation (NYSE:SEM - Free Report) by 99.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 95,343 shares of the health services provider's stock after purchasing an additional 47,515 shares during the period. CX Institutional owned about 0.07% of Select Medical worth $1,447,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its holdings in Select Medical by 61.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,703 shares of the health services provider's stock valued at $45,000 after purchasing an additional 1,030 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Select Medical in the first quarter worth about $60,000. Advisors Asset Management Inc. raised its stake in shares of Select Medical by 168.2% in the first quarter. Advisors Asset Management Inc. now owns 6,301 shares of the health services provider's stock worth $105,000 after acquiring an additional 3,952 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Select Medical by 217.4% in the first quarter. GAMMA Investing LLC now owns 6,501 shares of the health services provider's stock worth $109,000 after acquiring an additional 4,453 shares during the last quarter. Finally, Lazard Asset Management LLC raised its stake in shares of Select Medical by 47.8% in the fourth quarter. Lazard Asset Management LLC now owns 6,974 shares of the health services provider's stock worth $130,000 after acquiring an additional 2,255 shares during the last quarter. 89.48% of the stock is owned by institutional investors.

Select Medical Stock Performance

Shares of SEM traded down $0.10 during trading hours on Tuesday, hitting $12.57. The company had a trading volume of 358,873 shares, compared to its average volume of 1,118,090. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 0.50 and a beta of 1.25. The business has a fifty day moving average of $13.13 and a 200-day moving average of $14.84. Select Medical Holdings Corporation has a 12 month low of $11.65 and a 12 month high of $40.98. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.92.

Select Medical (NYSE:SEM - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The health services provider reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.04. Select Medical had a net margin of 2.37% and a return on equity of 8.87%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the firm earned $0.60 earnings per share. The company's revenue was up 4.5% on a year-over-year basis. Select Medical has set its FY 2025 guidance at 1.090-1.19 EPS. Equities analysts anticipate that Select Medical Holdings Corporation will post 1.17 EPS for the current fiscal year.

Select Medical Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Wednesday, August 13th were paid a $0.0625 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $0.25 annualized dividend and a dividend yield of 2.0%. Select Medical's dividend payout ratio is 23.58%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SEM shares. Bank of America dropped their price target on shares of Select Medical from $18.00 to $15.00 and set a "buy" rating for the company in a research note on Wednesday, September 10th. UBS Group reissued a "neutral" rating and set a $14.00 price target (down from $15.00) on shares of Select Medical in a research note on Monday, August 4th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $19.20.

About Select Medical

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.