Louisiana State Employees Retirement System Takes $797,000 Position in Select Medical Holdings Corporation $SEM

Louisiana State Employees Retirement System acquired a new stake in Select Medical Holdings Corporation (NYSE:SEM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 48,900 shares of the health services provider’s stock, valued at approximately $797,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of Select Medical by 8.5% in the 1st quarter. Royal Bank of Canada now owns 95,771 shares of the health services provider’s stock worth $1,599,000 after purchasing an additional 7,502 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Select Medical by 96.6% during the first quarter. AQR Capital Management LLC now owns 33,894 shares of the health services provider’s stock worth $566,000 after buying an additional 16,656 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Select Medical by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,400 shares of the health services provider’s stock valued at $1,075,000 after buying an additional 2,809 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Select Medical during the 1st quarter valued at $220,000. Finally, Goldman Sachs Group Inc. increased its stake in Select Medical by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 728,689 shares of the health services provider’s stock worth $12,169,000 after purchasing an additional 147,183 shares in the last quarter. 89.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on SEM shares. Zacks Research raised Select Medical from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Mizuho restated a “neutral” rating and set a $16.50 target price (down from $17.00) on shares of Select Medical in a report on Tuesday, May 12th. Wall Street Zen lowered shares of Select Medical from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Weiss Ratings raised Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Select Medical has a consensus rating of “Hold” and a consensus price target of $15.50.

Select Medical Stock Performance

Select Medical stock remained flat at $16.51 during mid-day trading on Tuesday. Select Medical Holdings Corporation has a 1-year low of $11.65 and a 1-year high of $16.99. 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’s fifty day simple moving average is $16.52 and its 200 day simple moving average is $15.99. The company has a market capitalization of $2.05 billion, a P/E ratio of 15.58, a P/E/G ratio of 0.95 and a beta of 1.01.

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

Select Medical Dividend Announcement

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

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.