CSM Advisors LLC Makes New Investment in Select Medical Holdings Corporation $SEM

CSM Advisors LLC acquired a new stake in shares of Select Medical Holdings Corporation (NYSE:SEM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 226,415 shares of the health services provider’s stock, valued at approximately $3,439,000. CSM Advisors LLC owned 0.18% of Select Medical as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its stake in Select Medical by 61.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,703 shares of the health services provider’s stock worth $45,000 after buying an additional 1,030 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Select Medical during the first quarter worth about $60,000. Advisors Asset Management Inc. increased its position in shares of Select Medical by 168.2% during the first quarter. Advisors Asset Management Inc. now owns 6,301 shares of the health services provider’s stock worth $105,000 after acquiring an additional 3,952 shares during the last quarter. Wealthquest Corp acquired a new position in shares of Select Medical in the first quarter worth about $143,000. Finally, AlphaQuest LLC boosted its holdings in Select Medical by 600.2% in the first quarter. AlphaQuest LLC now owns 8,731 shares of the health services provider’s stock valued at $146,000 after purchasing an additional 7,484 shares during the last quarter. 89.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on SEM. Weiss Ratings reiterated a “sell (d+)” rating on shares of Select Medical in a research note on Wednesday, October 8th. Bank of America reduced their price objective on shares of Select Medical from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, September 10th. Mizuho set a $17.00 price objective on shares of Select Medical in a report on Monday, November 3rd. Royal Bank Of Canada lifted their price target on Select Medical from $16.00 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded Select Medical from a “hold” rating to a “buy” rating in a research note on Saturday. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $17.80.

Select Medical Trading Up 0.4%

Shares of NYSE SEM opened at $13.38 on Tuesday. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 12.62, a price-to-earnings-growth ratio of 0.57 and a beta of 1.30. The stock’s 50 day simple moving average is $13.21 and its 200 day simple moving average is $14.06. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.92. Select Medical Holdings Corporation has a 12-month low of $11.65 and a 12-month high of $40.98.

Select Medical (NYSE:SEM) last posted its earnings results on Thursday, October 30th. The health services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Select Medical had a return on equity of 8.87% and a net margin of 2.37%.The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share. Select Medical has set its FY 2025 guidance at 1.140-1.240 EPS. Equities research analysts expect that Select Medical Holdings Corporation will post 1.17 EPS for the current year.

Select Medical Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Wednesday, November 12th will be given a $0.0625 dividend. The ex-dividend date is Wednesday, November 12th. This represents a $0.25 annualized dividend and a yield of 1.9%. Select Medical’s dividend payout ratio is 29.07%.

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.