Insider Selling: Select Medical Holdings Co. (NYSE:SEM) VP Sells 4,989 Shares of Stock

Select Medical Holdings Co. (NYSE:SEM - Get Free Report) VP Robert G. Breighner, Jr. sold 4,989 shares of Select Medical stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $19.95, for a total value of $99,530.55. Following the completion of the sale, the vice president now owns 30,356 shares in the company, valued at $605,602.20. This represents a 14.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Select Medical Trading Down 3.1 %

Shares of NYSE SEM traded down $0.63 during trading on Friday, reaching $19.82. The stock had a trading volume of 1,262,999 shares, compared to its average volume of 671,786. The business's 50-day moving average price is $32.96 and its 200-day moving average price is $34.33. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.13 and a current ratio of 1.13. Select Medical Holdings Co. has a fifty-two week low of $19.75 and a fifty-two week high of $40.98. The company has a market cap of $2.57 billion, a P/E ratio of 9.26, a PEG ratio of 0.41 and a beta of 1.43.

Select Medical (NYSE:SEM - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The health services provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.07. Select Medical had a return on equity of 15.99% and a net margin of 3.97%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the business earned $0.46 EPS. Select Medical's revenue was up 5.7% on a year-over-year basis. On average, equities research analysts predict that Select Medical Holdings Co. will post 1.97 EPS for the current fiscal year.

Select Medical Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Wednesday, November 13th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.52%. Select Medical's payout ratio is currently 23.36%.

Analyst Ratings Changes

A number of research firms have commented on SEM. Royal Bank of Canada lifted their target price on Select Medical from $40.00 to $47.00 and gave the company an "outperform" rating in a research report on Monday, November 4th. StockNews.com upgraded Select Medical from a "hold" rating to a "buy" rating in a research report on Tuesday. Bank of America initiated coverage on Select Medical in a research note on Tuesday, August 20th. They issued a "buy" rating and a $42.00 price objective for the company. Finally, Benchmark cut Select Medical from a "buy" rating to a "hold" rating in a research note on Monday, November 25th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in shares of Select Medical by 16.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,313 shares of the health services provider's stock valued at $81,000 after acquiring an additional 330 shares during the last quarter. Foster & Motley Inc. boosted its position in shares of Select Medical by 3.1% in the 2nd quarter. Foster & Motley Inc. now owns 12,147 shares of the health services provider's stock valued at $426,000 after purchasing an additional 370 shares during the period. KBC Group NV boosted its position in shares of Select Medical by 4.5% in the 3rd quarter. KBC Group NV now owns 13,050 shares of the health services provider's stock valued at $455,000 after purchasing an additional 563 shares during the period. Arizona State Retirement System boosted its position in shares of Select Medical by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 30,544 shares of the health services provider's stock valued at $1,071,000 after purchasing an additional 593 shares during the period. Finally, Hexagon Capital Partners LLC boosted its position in shares of Select Medical by 528.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 767 shares of the health services provider's stock valued at $27,000 after purchasing an additional 645 shares during the period. Hedge funds and other institutional investors own 89.48% of the company's stock.

Select Medical Company 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.

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