Linden Thomas Advisory Services LLC Has $482,000 Stock Holdings in Select Medical Holdings Co. (NYSE:SEM)

Linden Thomas Advisory Services LLC boosted its holdings in shares of Select Medical Holdings Co. (NYSE:SEM) by 16.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 25,576 shares of the health services provider’s stock after buying an additional 3,541 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Select Medical were worth $482,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SEM. Quarry LP bought a new position in shares of Select Medical during the third quarter worth $30,000. Canada Pension Plan Investment Board bought a new position in shares of Select Medical during the second quarter worth $39,000. GAMMA Investing LLC boosted its position in shares of Select Medical by 16.6% during the third quarter. GAMMA Investing LLC now owns 2,313 shares of the health services provider’s stock worth $81,000 after purchasing an additional 330 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Select Medical during the third quarter worth $81,000. Finally, Mount Yale Investment Advisors LLC bought a new position in shares of Select Medical during the third quarter worth $193,000. Institutional investors and hedge funds own 89.48% of the company’s stock.

Insider Transactions at Select Medical

In related news, Director Marilyn B. Tavenner sold 32,000 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $21.09, for a total value of $674,880.00. Following the transaction, the director now owns 22,000 shares in the company, valued at approximately $463,980. This represents a 59.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert G. Breighner, Jr. sold 4,989 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $19.95, for a total transaction of $99,530.55. Following the completion of the transaction, the vice president now owns 30,356 shares in the company, valued at approximately $605,602.20. This trade represents a 14.12 % decrease in their position. The disclosure for this sale can be found here. 19.14% of the stock is owned by company insiders.

Analyst Ratings Changes

SEM has been the topic of a number of recent analyst reports. Royal Bank of Canada lifted their price target on shares of Select Medical from $40.00 to $47.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. StockNews.com cut shares of Select Medical from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. UBS Group cut their price objective on shares of Select Medical from $40.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 3rd. Finally, Benchmark cut shares of Select Medical from a “buy” rating to a “hold” rating in a research report on Monday, November 25th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $39.50.

Select Medical Stock Up 2.1 %

Shares of SEM stock opened at $19.69 on Monday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.37. Select Medical Holdings Co. has a 1 year low of $18.02 and a 1 year high of $40.98. The firm’s fifty day moving average price is $21.64 and its two-hundred day moving average price is $30.47. The firm has a market capitalization of $2.55 billion, a P/E ratio of 9.20, a PEG ratio of 0.65 and a beta of 1.45.

Select Medical (NYSE:SEM) last issued its quarterly earnings results on Thursday, October 31st. The health services provider reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. Select Medical had a net margin of 3.97% and a return on equity of 15.99%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the business earned $0.46 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. On average, equities analysts predict that Select Medical Holdings Co. will post 1.97 EPS for the current fiscal year.

Select Medical Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.54%. Select Medical’s dividend payout ratio is presently 23.36%.

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.