Integrated Quantitative Investments LLC Invests $292,000 in Select Medical Holdings Co. (NYSE:SEM)

Integrated Quantitative Investments LLC purchased a new stake in shares of Select Medical Holdings Co. (NYSE:SEM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,500 shares of the health services provider’s stock, valued at approximately $292,000.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP purchased a new position in shares of Select Medical in the third quarter valued at $30,000. Smartleaf Asset Management LLC grew its stake 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 buying an additional 1,473 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Select Medical in the 3rd quarter worth about $81,000. Cibc World Markets Corp purchased a new stake in shares of Select Medical during the 4th quarter valued at about $191,000. Finally, Vista Finance LLC bought a new position in shares of Select Medical in the 4th quarter valued at about $193,000. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Analyst Ratings Changes

SEM has been the topic of a number of recent research reports. StockNews.com upgraded Select Medical from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Benchmark upgraded Select Medical from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Monday, February 24th. UBS Group dropped their price objective 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. Finally, Royal Bank of Canada reduced their target price 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. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.25.

Select Medical Price Performance

SEM opened at $15.83 on Friday. The business has a fifty day moving average of $18.09 and a 200 day moving average of $24.37. The stock has a market cap of $2.04 billion, a P/E ratio of 9.59, a PEG ratio of 0.64 and a beta of 1.38. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.37. Select Medical Holdings Co. has a 52-week low of $15.40 and a 52-week high of $40.98.

Select Medical (NYSE:SEM) last posted its quarterly 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 company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.50 billion. As a group, sell-side analysts anticipate that Select Medical Holdings Co. will post 1.17 EPS for the current year.

Select Medical Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Monday, March 3rd. Select Medical’s dividend payout ratio is presently 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.