Fox Run Management L.L.C. Has $1.23 Million Stake in Select Medical Holdings Corporation $SEM

by · The Markets Daily

Fox Run Management L.L.C. lifted its position in shares of Select Medical Holdings Corporation (NYSE:SEM – Free Report) by 159.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,473 shares of the health services provider’s stock after purchasing an additional 50,694 shares during the quarter. Fox Run Management L.L.C.’s holdings in Select Medical were worth $1,225,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of Select Medical during the third quarter worth approximately $27,000. Hantz Financial Services Inc. raised its position in shares of Select Medical by 214.7% during the fourth quarter. Hantz Financial Services Inc. now owns 2,549 shares of the health services provider’s stock worth $38,000 after purchasing an additional 1,739 shares during the period. First Horizon Corp acquired a new position in shares of Select Medical during the fourth quarter worth approximately $52,000. GAMMA Investing LLC raised its position in shares of Select Medical by 147.9% during the fourth quarter. GAMMA Investing LLC now owns 4,713 shares of the health services provider’s stock worth $70,000 after purchasing an additional 2,812 shares during the period. Finally, Wilmington Savings Fund Society FSB raised its position in shares of Select Medical by 20.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock worth $74,000 after purchasing an additional 999 shares during the period. 89.48% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research raised Select Medical from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Benchmark lowered Select Medical from a “buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $16.50 price target (down from $19.00) on shares of Select Medical in a research report on Tuesday, March 3rd. Weiss Ratings raised Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Finally, Wall Street Zen lowered Select Medical from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Select Medical has a consensus rating of “Hold” and an average price target of $15.50.

View Our Latest Report on Select Medical

Select Medical Trading Up 0.4%

NYSE SEM opened at $16.63 on Wednesday. The firm has a market capitalization of $2.06 billion, a P/E ratio of 15.69, a PEG ratio of 0.95 and a beta of 1.01. The business has a fifty day simple moving average of $16.45 and a 200 day simple moving average of $15.78. Select Medical Holdings Corporation has a 12 month low of $11.65 and a 12 month high of $16.99. 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 (NYSE:SEM – Get Free Report) last released its quarterly earnings results 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 company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Select Medical had a net margin of 2.42% and a return on equity of 6.62%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.44 earnings per share. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, analysts predict that Select Medical Holdings Corporation will post 1.26 EPS for the current fiscal year.

Select Medical Announces Dividend

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

Select Medical declared that its Board of Directors has initiated a share repurchase plan on Thursday, February 19th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the health services provider to buy up to 49.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

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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