Caxton Associates LLP Increases Stake in Select Medical Holdings Corporation $SEM

Caxton Associates LLP grew its holdings in shares of Select Medical Holdings Corporation (NYSE:SEM) by 1,868.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 349,564 shares of the health services provider’s stock after acquiring an additional 331,807 shares during the period. Caxton Associates LLP’s holdings in Select Medical were worth $5,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in SEM. Quarry LP bought a new stake in shares of Select Medical during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Select Medical during the fourth quarter valued at about $28,000. Quantbot Technologies LP bought a new position in shares of Select Medical in the third quarter worth about $27,000. Hantz Financial Services Inc. raised its stake in Select Medical by 214.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,549 shares of the health services provider’s stock valued at $38,000 after purchasing an additional 1,739 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in Select Medical by 37.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock worth $43,000 after purchasing an additional 788 shares in the last quarter. 89.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SEM has been the topic of several research reports. Mizuho restated a “neutral” rating and issued a $16.50 price target (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. Zacks Research upgraded Select Medical from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. 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 equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $15.50.

Select Medical Price Performance

Shares of SEM opened at $16.51 on Friday. The firm has a market cap of $2.05 billion, a P/E ratio of 15.58, a PEG ratio of 0.95 and a beta of 1.01. Select Medical Holdings Corporation has a 12 month low of $11.65 and a 12 month high of $16.99. The stock’s 50 day moving average is $16.54 and its two-hundred day moving average is $16.13. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.88.

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

Select Medical Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend 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 presently 23.58%.

Select Medical 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.