Select Medical Holdings Corporation (NYSE:SEM) has received a consensus rating of “Hold” from the ten brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $17.29.

A number of research analysts recently commented on SEM shares. TheStreet raised Select Medical Holdings Corporation from a “c+” rating to a “b” rating in a research note on Thursday, April 13th. Zacks Investment Research raised Select Medical Holdings Corporation from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research note on Tuesday. Benchmark Co. boosted their price target on Select Medical Holdings Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Monday. BidaskClub raised Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. Finally, Deutsche Bank AG boosted their price target on Select Medical Holdings Corporation from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Monday.

Select Medical Holdings Corporation (NYSE SEM) traded up 0.88% during midday trading on Friday, hitting $17.15. 598,879 shares of the stock traded hands. The stock has a market capitalization of $2.28 billion, a PE ratio of 27.18 and a beta of 1.45. Select Medical Holdings Corporation has a 12-month low of $10.20 and a 12-month high of $18.80. The firm’s 50 day moving average is $16.11 and its 200-day moving average is $14.15.

Select Medical Holdings Corporation (NYSE:SEM) last posted its quarterly earnings results on Thursday, August 3rd. The health services provider reported $0.32 EPS for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.13 billion. Select Medical Holdings Corporation had a return on equity of 9.61% and a net margin of 1.95%. Select Medical Holdings Corporation’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 earnings per share. On average, analysts anticipate that Select Medical Holdings Corporation will post $0.90 EPS for the current fiscal year.

In other Select Medical Holdings Corporation news, insider Michael E. Tarvin sold 35,000 shares of Select Medical Holdings Corporation stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $15.25, for a total value of $533,750.00. Following the transaction, the insider now owns 324,137 shares in the company, valued at $4,943,089.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael E. Tarvin sold 7,948 shares of Select Medical Holdings Corporation stock in a transaction dated Tuesday, June 27th. The shares were sold at an average price of $15.25, for a total value of $121,207.00. Following the completion of the transaction, the executive vice president now owns 324,137 shares in the company, valued at approximately $4,943,089.25. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,575 shares of company stock worth $768,517. Company insiders own 19.93% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in Select Medical Holdings Corporation by 49,224.7% in the first quarter. BlackRock Inc. now owns 13,621,516 shares of the health services provider’s stock worth $181,847,000 after buying an additional 13,593,900 shares in the last quarter. Norges Bank acquired a new position in Select Medical Holdings Corporation during the fourth quarter worth about $16,184,000. Dimensional Fund Advisors LP boosted its position in Select Medical Holdings Corporation by 11.6% in the first quarter. Dimensional Fund Advisors LP now owns 8,058,418 shares of the health services provider’s stock worth $107,579,000 after buying an additional 838,123 shares in the last quarter. Jana Partners LLC boosted its position in Select Medical Holdings Corporation by 30.5% in the first quarter. Jana Partners LLC now owns 2,966,979 shares of the health services provider’s stock worth $39,609,000 after buying an additional 693,581 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Select Medical Holdings Corporation by 5.9% in the first quarter. Vanguard Group Inc. now owns 9,560,777 shares of the health services provider’s stock worth $127,637,000 after buying an additional 528,762 shares in the last quarter. Hedge funds and other institutional investors own 79.64% of the company’s stock.

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About Select Medical Holdings Corporation

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.

Analyst Recommendations for Select Medical Holdings Corporation (NYSE:SEM)

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