Rangeley Capital LLC Sells 31,072 Shares of Select Medical Holdings Corporation $SEM

Rangeley Capital LLC decreased its holdings in shares of Select Medical Holdings Corporation (NYSE:SEM) by 38.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the health services provider’s stock after selling 31,072 shares during the quarter. Rangeley Capital LLC’s holdings in Select Medical were worth $814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Quarry LP bought a new position in shares of Select Medical in the fourth quarter worth $26,000. Quantbot Technologies LP purchased a new stake in Select Medical during the 3rd quarter worth about $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in Select Medical during the 4th quarter worth about $28,000. Hantz Financial Services Inc. boosted its stake in 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 worth $38,000 after purchasing an additional 1,739 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in Select Medical by 37.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock valued at $43,000 after buying an additional 788 shares in the last quarter. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Select Medical Price Performance

NYSE:SEM opened at $16.51 on Monday. Select Medical Holdings Corporation has a 52-week low of $11.65 and a 52-week high of $16.99. The stock has a fifty day moving average of $16.54 and a 200 day moving average of $16.14. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 15.58, a P/E/G ratio of 0.95 and a beta of 1.01.

Select Medical (NYSE:SEM) last announced its earnings results on Thursday, April 30th. The health services provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.07). Select Medical had a return on equity of 6.62% and a net margin of 2.42%.The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the company earned $0.44 earnings per share. Select Medical’s revenue was up 5.0% compared to the same quarter last year. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, research analysts expect that Select Medical Holdings Corporation will post 1.26 EPS for the current fiscal year.

Select Medical Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.