Cerity Partners LLC Has $2.03 Million Stock Holdings in Select Medical Holdings Co. (NYSE:SEM)

Cerity Partners LLC boosted its stake in shares of Select Medical Holdings Co. (NYSE:SEM - Free Report) by 67.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,281 shares of the health services provider's stock after acquiring an additional 41,847 shares during the quarter. Cerity Partners LLC owned 0.08% of Select Medical worth $2,033,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in Select Medical by 2.0% during the 4th quarter. LPL Financial LLC now owns 31,441 shares of the health services provider's stock valued at $593,000 after purchasing an additional 619 shares during the last quarter. Sippican Capital Advisors increased its holdings in shares of Select Medical by 7.3% during the fourth quarter. Sippican Capital Advisors now owns 13,354 shares of the health services provider's stock worth $252,000 after buying an additional 912 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of Select Medical by 2.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 56,719 shares of the health services provider's stock valued at $1,069,000 after acquiring an additional 1,234 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Select Medical by 179.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,296 shares of the health services provider's stock worth $43,000 after acquiring an additional 1,473 shares in the last quarter. Finally, Swiss National Bank grew its position in Select Medical by 0.7% during the 4th quarter. Swiss National Bank now owns 217,400 shares of the health services provider's stock worth $4,098,000 after acquiring an additional 1,500 shares during the last quarter. 89.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on SEM shares. Mizuho started coverage on Select Medical in a research note on Wednesday, April 16th. They issued an "outperform" rating and a $25.00 price objective on the stock. StockNews.com raised shares of Select Medical from a "hold" rating to a "buy" rating in a report on Friday, February 21st. UBS Group dropped their target price on shares of Select Medical from $40.00 to $21.00 and set a "neutral" rating for the company in a research note on Friday, January 3rd. Royal Bank of Canada decreased their price target on shares of Select Medical from $47.00 to $23.00 and set an "outperform" rating on the stock in a research note on Monday, February 24th. Finally, Benchmark upgraded 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. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Select Medical currently has a consensus rating of "Moderate Buy" and an average price target of $26.80.

Select Medical Trading Up 2.7 %

Shares of NYSE:SEM traded up $0.43 during trading on Tuesday, hitting $15.89. 713,550 shares of the company's stock were exchanged, compared to its average volume of 817,572. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.37. The firm has a market cap of $2.05 billion, a P/E ratio of 9.63, a PEG ratio of 0.64 and a beta of 1.38. The firm has a 50-day moving average price of $17.16 and a two-hundred day moving average price of $22.66. Select Medical Holdings Co. has a 1-year low of $14.99 and a 1-year high of $40.98.

Select Medical (NYSE:SEM - Get Free Report) last released its earnings results on Thursday, February 20th. The health services provider reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.11). Select Medical had a return on equity of 14.04% and a net margin of 3.23%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.50 billion. Equities analysts predict that Select Medical Holdings Co. will post 1.17 earnings per share for the current year.

Select Medical Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Monday, March 3rd. Select Medical's dividend payout ratio (DPR) is currently 15.15%.

Select Medical Profile

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.