Gabelli Funds LLC Makes New Investment in Select Medical Holdings Corporation $SEM

Gabelli Funds LLC purchased a new position in shares of Select Medical Holdings Corporation (NYSE:SEMFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 173,000 shares of the health services provider’s stock, valued at approximately $2,818,000. Gabelli Funds LLC owned approximately 0.14% of Select Medical as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SEM. Dana Investment Advisors Inc. grew its position in shares of Select Medical by 29.3% in the 4th quarter. Dana Investment Advisors Inc. now owns 678,545 shares of the health services provider’s stock valued at $10,076,000 after purchasing an additional 153,924 shares during the period. JPMorgan Chase & Co. raised its holdings in Select Medical by 24.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 554,203 shares of the health services provider’s stock worth $7,116,000 after buying an additional 109,788 shares during the period. Penn Capital Management Company LLC acquired a new stake in Select Medical during the 4th quarter worth approximately $1,914,000. OP Asset Management Ltd bought a new position in Select Medical in the first quarter valued at approximately $1,661,000. Finally, Western Standard LLC boosted its holdings in shares of Select Medical by 95.6% in the fourth quarter. Western Standard LLC now owns 2,064,021 shares of the health services provider’s stock valued at $30,651,000 after buying an additional 1,008,664 shares during the period. Institutional investors and hedge funds own 89.48% of the company’s stock.

Wall Street Analyst Weigh In

SEM has been the topic of a number of research analyst reports. Mizuho restated a “neutral” rating and set a $16.50 price objective (down from $17.00) on shares of Select Medical in a report on Tuesday, May 12th. Weiss Ratings raised shares of Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Zacks Research raised Select Medical from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $15.50.

View Our Latest Research Report on Select Medical

Select Medical Price Performance

Shares of SEM stock opened at $16.51 on Wednesday. The firm’s fifty day moving average price is $16.54 and its two-hundred day moving average price is $16.16. 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 1 year low of $11.65 and a 1 year high of $16.99. The firm has a market capitalization of $2.05 billion, a P/E ratio of 15.58, a PEG ratio of 0.95 and a beta of 1.01.

Select Medical (NYSE:SEMGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The health services provider reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.07). The business had revenue of $1.42 billion for 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%.The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 earnings per share. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, equities analysts predict that Select Medical Holdings Corporation will post 1.26 EPS for the current fiscal year.

Select Medical Company Profile

(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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Institutional Ownership by Quarter for Select Medical (NYSE:SEM)

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