Groupe la Francaise Invests $4.60 Million in Select Medical Holdings Corporation $SEM

Groupe la Francaise acquired a new stake in shares of Select Medical Holdings Corporation (NYSE:SEM) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 282,497 shares of the health services provider’s stock, valued at approximately $4,602,000. Groupe la Francaise owned approximately 0.23% of Select Medical at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quantinno Capital Management LP boosted its stake in Select Medical by 19.2% in the first quarter. Quantinno Capital Management LP now owns 33,469 shares of the health services provider’s stock worth $545,000 after buying an additional 5,384 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in shares of Select Medical in the 1st quarter worth approximately $22,806,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Select Medical in the 1st quarter worth approximately $2,597,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Select Medical in the 1st quarter valued at $4,887,000. Finally, Gabelli Funds LLC bought a new position in shares of Select Medical during the 1st quarter valued at $2,818,000. Institutional investors own 89.48% of the company’s stock.

Analyst Ratings Changes

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

Select Medical Stock Performance

NYSE:SEM opened at $16.51 on Friday. 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 Holdings Corporation has a fifty-two week low of $11.65 and a fifty-two week high of $16.99. The firm has a market cap 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 business has a 50 day moving average price of $16.54 and a 200-day moving average price of $16.18.

Select Medical (NYSE:SEM) last issued its earnings results on Thursday, April 30th. The health services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.07). The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Select Medical had a return on equity of 6.62% and a net margin of 2.42%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 earnings per share. Equities research analysts predict that Select Medical Holdings Corporation will post 1.26 earnings per share for the current year.

About Select Medical

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.