Western Standard LLC Takes $13.55 Million Position in Select Medical Holdings Corporation $SEM

Western Standard LLC bought a new position in Select Medical Holdings Corporation (NYSE:SEM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,055,357 shares of the health services provider’s stock, valued at approximately $13,551,000. Select Medical comprises 4.0% of Western Standard LLC’s portfolio, making the stock its 4th largest position. Western Standard LLC owned approximately 0.85% of Select Medical as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in SEM. MAI Capital Management raised its stake in shares of Select Medical by 48,000.0% in the second quarter. MAI Capital Management now owns 2,405 shares of the health services provider’s stock worth $37,000 after purchasing an additional 2,400 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in Select Medical by 6,868.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 3,972 shares of the health services provider’s stock worth $51,000 after buying an additional 3,915 shares during the period. Wilmington Savings Fund Society FSB raised its position in Select Medical by 20.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock worth $74,000 after buying an additional 999 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Select Medical by 13.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 7,135 shares of the health services provider’s stock valued at $108,000 after acquiring an additional 834 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of Select Medical by 15.9% in the second quarter. PNC Financial Services Group Inc. now owns 8,828 shares of the health services provider’s stock worth $134,000 after acquiring an additional 1,208 shares during the period. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Wall Street Analyst Weigh In

SEM has been the topic of several analyst reports. Weiss Ratings raised Select Medical from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 20th. Wall Street Zen cut Select Medical from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Royal Bank Of Canada lowered their price objective on Select Medical from $20.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, Mizuho set a $17.00 price objective on shares of Select Medical in a research note on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $16.25.

Select Medical Stock Up 0.2%

SEM opened at $14.93 on Friday. The company has a market cap of $1.85 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 0.84 and a beta of 1.25. Select Medical Holdings Corporation has a twelve month low of $11.65 and a twelve month high of $18.76. The company has a 50-day moving average price of $15.28 and a 200 day moving average price of $14.14. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.89.

Select Medical (NYSE:SEM) last posted its quarterly earnings data on Thursday, February 19th. The health services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.07). The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Select Medical had a return on equity of 7.26% and a net margin of 2.68%.Select Medical’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Sell-side analysts expect that Select Medical Holdings Corporation will post 1.17 earnings per share for the current fiscal year.

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

Select Medical Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, March 2nd. Select Medical’s payout ratio is 21.74%.

Select Medical Company Profile

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.