Shares of Select Medical Holdings Corporation (NYSE:SEM) have received a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $17.29.

SEM has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Select Medical Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Benchmark Co. boosted their price objective on shares of Select Medical Holdings Corporation from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday. Robert W. Baird upgraded shares of Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $15.00 to $21.00 in a research note on Monday. BidaskClub cut shares of Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, TheStreet upgraded shares of Select Medical Holdings Corporation from a “c+” rating to a “b” rating in a research note on Thursday, April 13th.

Shares of Select Medical Holdings Corporation (SEM) traded up 0.88% during trading on Friday, hitting $17.15. 598,879 shares of the stock were exchanged. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 27.18 and a beta of 1.45. Select Medical Holdings Corporation has a 12-month low of $10.20 and a 12-month high of $18.80. The stock’s 50 day moving average is $16.11 and its 200-day moving average is $14.15.

Select Medical Holdings Corporation (NYSE:SEM) last issued its quarterly earnings data on Thursday, August 3rd. The health services provider reported $0.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.07. Select Medical Holdings Corporation had a net margin of 1.95% and a return on equity of 9.61%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the company earned $0.23 earnings per share. Select Medical Holdings Corporation’s revenue for the quarter was up 2.1% on a year-over-year basis. Equities research analysts anticipate that Select Medical Holdings Corporation will post $0.90 EPS for the current year.

WARNING: This piece was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international trademark and copyright law. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/08/11/select-medical-holdings-corporation-sem-receives-average-rating-of-hold-from-analysts.html.

In related news, insider Scott A. Romberger sold 3,127 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $14.37, for a total transaction of $44,934.99. Following the completion of the transaction, the insider now directly owns 159,084 shares in the company, valued at approximately $2,286,037.08. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael E. Tarvin sold 35,000 shares of the company’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $15.25, for a total transaction of $533,750.00. Following the transaction, the insider now owns 324,137 shares of the company’s stock, valued at $4,943,089.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,575 shares of company stock valued at $768,517. Corporate insiders own 19.93% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its position in Select Medical Holdings Corporation by 0.8% in the first quarter. PNC Financial Services Group Inc. now owns 8,313 shares of the health services provider’s stock valued at $111,000 after buying an additional 70 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Select Medical Holdings Corporation by 1.2% in the first quarter. Envestnet Asset Management Inc. now owns 9,317 shares of the health services provider’s stock valued at $125,000 after buying an additional 107 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Select Medical Holdings Corporation by 0.7% in the first quarter. Municipal Employees Retirement System of Michigan now owns 41,940 shares of the health services provider’s stock valued at $560,000 after buying an additional 290 shares during the last quarter. State of Alaska Department of Revenue boosted its position in Select Medical Holdings Corporation by 2.9% in the first quarter. State of Alaska Department of Revenue now owns 11,860 shares of the health services provider’s stock valued at $158,000 after buying an additional 330 shares during the last quarter. Finally, Amalgamated Bank boosted its position in Select Medical Holdings Corporation by 2.6% in the second quarter. Amalgamated Bank now owns 14,806 shares of the health services provider’s stock valued at $227,000 after buying an additional 376 shares during the last quarter. Hedge funds and other institutional investors own 79.64% of the company’s stock.

About Select Medical Holdings Corporation

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.

Analyst Recommendations for Select Medical Holdings Corporation (NYSE:SEM)

Receive News & Ratings for Select Medical Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Medical Holdings Corporation and related companies with MarketBeat.com's FREE daily email newsletter.