Hsbc Holdings PLC Acquires 2,215,832 Shares of Select Medical Holdings Corporation $SEM

Hsbc Holdings PLC lifted its holdings in Select Medical Holdings Corporation (NYSE:SEMFree Report) by 7,554.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,245,163 shares of the health services provider’s stock after purchasing an additional 2,215,832 shares during the quarter. Hsbc Holdings PLC’s holdings in Select Medical were worth $36,596,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Quarry LP bought a new position in Select Medical in the fourth quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Select Medical during the 4th quarter worth about $28,000. Quantbot Technologies LP bought a new position in shares of Select Medical in the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. grew its holdings in shares of Select Medical by 214.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,549 shares of the health services provider’s stock valued at $38,000 after acquiring an additional 1,739 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Select Medical by 37.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock valued at $43,000 after acquiring an additional 788 shares during the last quarter. Institutional investors and hedge funds own 89.48% of the company’s stock.

Analyst Ratings Changes

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

Get Our Latest Stock Report on SEM

Select Medical Price Performance

Select Medical stock opened at $16.51 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.15 and a quick ratio of 1.15. The company’s 50-day moving average is $16.53 and its 200-day moving average is $16.10. The firm has a market capitalization of $2.05 billion, a PE ratio of 15.58, a P/E/G ratio of 0.95 and a beta of 1.01. Select Medical Holdings Corporation has a fifty-two week low of $11.65 and a fifty-two week high of $16.99.

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

Select Medical Dividend Announcement

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

About Select Medical

(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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