Janney Montgomery Scott LLC Buys New Position in Select Medical Holdings Corporation $SEM

Janney Montgomery Scott LLC purchased a new position in Select Medical Holdings Corporation (NYSE:SEM) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 42,237 shares of the health services provider’s stock, valued at approximately $688,000.

Several other hedge funds also recently modified their holdings of SEM. Louisiana State Employees Retirement System bought a new position in Select Medical during the first quarter worth $797,000. OP Asset Management Ltd acquired a new stake in Select Medical in the 1st quarter worth $1,661,000. SG Americas Securities LLC grew its position in Select Medical by 543.9% in the 1st quarter. SG Americas Securities LLC now owns 231,988 shares of the health services provider’s stock worth $3,779,000 after purchasing an additional 195,959 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of Select Medical by 4.9% during the 4th quarter. Hsbc Holdings PLC now owns 29,331 shares of the health services provider’s stock worth $436,000 after purchasing an additional 1,364 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Select Medical during the fourth quarter valued at about $28,000. 89.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on SEM shares. Zacks Research upgraded Select Medical from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Weiss Ratings raised Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Finally, Mizuho reissued a “neutral” rating and issued a $16.50 price target (down from $17.00) on shares of Select Medical in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $15.50.

Select Medical Stock Performance

Shares of SEM opened at $16.51 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.88. The stock has a market cap of $2.05 billion, a PE ratio of 15.58, a PEG ratio of 0.95 and a beta of 1.01. Select Medical Holdings Corporation has a 1 year low of $11.65 and a 1 year high of $16.99. The stock has a 50 day simple moving average of $16.53 and a 200-day simple moving average of $16.05.

Select Medical (NYSE:SEM) last issued its earnings results on Thursday, April 30th. The health services provider reported $0.36 EPS for the quarter, missing the consensus estimate 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%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 EPS. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, sell-side analysts predict that Select Medical Holdings Corporation will post 1.26 EPS for the current fiscal year.

Select Medical Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 14th. Select Medical’s dividend payout ratio (DPR) is currently 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.