Credit Industriel ET Commercial Purchases Shares of 167,503 Select Medical Holdings Corporation $SEM

Credit Industriel ET Commercial acquired a new stake in Select Medical Holdings Corporation (NYSE:SEM) during the first quarter, HoldingsChannel reports. The fund acquired 167,503 shares of the health services provider’s stock, valued at approximately $2,729,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SEM. Y Intercept Hong Kong Ltd lifted its stake in Select Medical by 16.4% during the first quarter. Y Intercept Hong Kong Ltd now owns 123,005 shares of the health services provider’s stock worth $2,004,000 after purchasing an additional 17,335 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Select Medical during the 1st quarter worth $688,000. Louisiana State Employees Retirement System acquired a new stake in Select Medical in the first quarter valued at about $797,000. OP Asset Management Ltd acquired a new stake in Select Medical in the first quarter valued at about $1,661,000. Finally, SG Americas Securities LLC grew its position in Select Medical by 543.9% in the first quarter. SG Americas Securities LLC now owns 231,988 shares of the health services provider’s stock valued at $3,779,000 after acquiring an additional 195,959 shares during the last quarter. Institutional investors and hedge funds own 89.48% of the company’s stock.

Select Medical Stock Performance

NYSE SEM opened at $16.51 on Tuesday. The company has a market cap of $2.05 billion, a P/E ratio of 15.58, a PEG ratio of 0.95 and a beta of 1.01. The company has a fifty day simple moving average of $16.52 and a 200 day simple moving average of $15.99. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.88. Select Medical Holdings Corporation has a 12-month low of $11.65 and a 12-month high of $16.99.

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

Select Medical Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a dividend of $0.0625 per share. The ex-dividend date was Thursday, May 14th. This represents a $0.25 dividend on an annualized basis and a yield of 1.5%. Select Medical’s payout ratio is 23.58%.

Analysts Set New Price Targets

SEM has been the subject of a number of research reports. Zacks Research raised shares of Select Medical from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Weiss Ratings upgraded shares of Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Mizuho reiterated a “neutral” rating and set a $16.50 price target (down from $17.00) on shares of Select Medical in a report on Tuesday, May 12th. Finally, Wall Street Zen downgraded Select Medical from a “buy” rating to a “hold” rating in a report on Monday, March 9th. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $15.50.

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.