173,000 Shares in Select Medical Holdings Corporation $SEM Bought by Gabelli Funds LLC

by · The Markets Daily

Gabelli Funds LLC purchased a new position in shares of Select Medical Holdings Corporation (NYSE:SEM – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 173,000 shares of the health services provider’s stock, valued at approximately $2,818,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in shares of Select Medical by 37.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock valued at $43,000 after acquiring an additional 788 shares during the period. State of Alaska Department of Revenue raised its holdings in shares of Select Medical by 1.5% in the 4th quarter. State of Alaska Department of Revenue now owns 63,370 shares of the health services provider’s stock valued at $940,000 after purchasing an additional 935 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Select Medical by 20.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock valued at $74,000 after purchasing an additional 999 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in Select Medical by 9.7% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,475 shares of the health services provider’s stock valued at $171,000 after purchasing an additional 1,014 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in Select Medical by 4.9% during the fourth quarter. Hsbc Holdings PLC now owns 29,331 shares of the health services provider’s stock worth $436,000 after purchasing an additional 1,364 shares during the period. Institutional investors and hedge funds own 89.48% of the company’s stock.

Select Medical Stock Performance

SEM stock opened at $16.51 on Wednesday. Select Medical Holdings Corporation has a 52 week low of $11.65 and a 52 week high of $16.99. The company has a market capitalization of $2.05 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. The company’s 50-day simple moving average is $16.54 and its 200 day simple moving average is $16.16. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.15 and a current ratio of 1.15.

Select Medical (NYSE:SEM – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The health services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.07). The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. Select Medical had a return on equity of 6.62% and a net margin of 2.42%.Select Medical’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.44 EPS. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. As a group, sell-side analysts anticipate that Select Medical Holdings Corporation will post 1.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on SEM shares. Mizuho reissued a “neutral” rating and set a $16.50 price target (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. Weiss Ratings raised Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Finally, Zacks Research raised Select Medical from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Select Medical has an average rating of “Hold” and an average target price of $15.50.

Check Out Our Latest Report on SEM

About Select Medical

(Free Report)

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.

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