Integrated Quantitative Investments LLC Acquires New Holdings in Select Medical Holdings Co. (NYSE:SEM)

Integrated Quantitative Investments LLC purchased a new stake in shares of Select Medical Holdings Co. (NYSE:SEM) in the 4th quarter, HoldingsChannel reports. The fund purchased 15,500 shares of the health services provider’s stock, valued at approximately $292,000.

A number of other institutional investors have also modified their holdings of SEM. Quarry LP bought a new position in shares of Select Medical during the 3rd quarter worth approximately $30,000. Smartleaf Asset Management LLC increased its position in shares of Select Medical by 179.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,296 shares of the health services provider’s stock worth $43,000 after purchasing an additional 1,473 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Select Medical during the 3rd quarter valued at $81,000. Cibc World Markets Corp acquired a new stake in shares of Select Medical in the 4th quarter worth $191,000. Finally, Vista Finance LLC purchased a new position in Select Medical during the 4th quarter worth $193,000. 89.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. StockNews.com upgraded Select Medical from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Benchmark raised shares of Select Medical from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Monday, February 24th. UBS Group dropped their target price on shares of Select Medical from $40.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 3rd. Finally, Royal Bank of Canada decreased their price target on shares of Select Medical from $47.00 to $23.00 and set an “outperform” rating for the company in a report on Monday, February 24th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Select Medical has an average rating of “Moderate Buy” and a consensus target price of $27.25.

Select Medical Trading Down 2.2 %

NYSE SEM opened at $15.83 on Friday. The company has a fifty day moving average of $18.09 and a 200 day moving average of $24.37. The company has a market capitalization of $2.04 billion, a PE ratio of 9.59, a P/E/G ratio of 0.64 and a beta of 1.38. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 1.13. Select Medical Holdings Co. has a 1 year low of $15.40 and a 1 year high of $40.98.

Select Medical (NYSE:SEM) last issued its quarterly earnings data on Thursday, February 20th. The health services provider reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.11). The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.50 billion. Select Medical had a net margin of 3.23% and a return on equity of 14.04%. Research analysts forecast that Select Medical Holdings Co. will post 1.17 earnings per share for the current year.

Select Medical Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Monday, March 3rd. Select Medical’s dividend payout ratio (DPR) is 15.15%.

About Select Medical

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.