Select Medical Holdings Corporation (NYSE:SEM) insider Scott A. Romberger sold 5,000 shares of the stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $17.97, for a total transaction of $89,850.00. Following the sale, the insider now owns 168,211 shares of the company’s stock, valued at $3,022,751.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Select Medical Holdings Corporation (NYSE SEM) traded down $0.25 on Friday, reaching $17.40. 492,684 shares of the company’s stock traded hands, compared to its average volume of 884,534. Select Medical Holdings Corporation has a twelve month low of $12.00 and a twelve month high of $19.77. The stock has a market capitalization of $2,330.00, a price-to-earnings ratio of 21.96, a PEG ratio of 1.35 and a beta of 1.39. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 3.36.

Select Medical (NYSE:SEM) last announced its earnings results on Thursday, November 2nd. The health services provider reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). Select Medical had a net margin of 2.21% and a return on equity of 11.44%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the business posted $0.06 EPS. Select Medical’s revenue for the quarter was up 4.1% on a year-over-year basis. analysts anticipate that Select Medical Holdings Corporation will post 0.86 earnings per share for the current fiscal year.

SEM has been the subject of a number of analyst reports. Royal Bank Of Canada reiterated a “buy” rating and set a $19.00 target price on shares of Select Medical in a report on Wednesday, September 13th. ValuEngine upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of Select Medical from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a report on Tuesday, August 8th. Robert W. Baird set a $25.00 target price on shares of Select Medical and gave the stock a “buy” rating in a report on Monday, October 23rd. Finally, Benchmark raised their price objective on shares of Select Medical from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $19.50.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Amalgamated Bank increased its stake in shares of Select Medical by 2.6% during the second quarter. Amalgamated Bank now owns 14,806 shares of the health services provider’s stock valued at $227,000 after purchasing an additional 376 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Select Medical by 4.8% during the second quarter. PNC Financial Services Group Inc. now owns 8,709 shares of the health services provider’s stock valued at $133,000 after acquiring an additional 396 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Select Medical by 1.0% during the second quarter. Public Employees Retirement System of Ohio now owns 50,364 shares of the health services provider’s stock valued at $773,000 after acquiring an additional 487 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Select Medical by 0.7% during the second quarter. The Manufacturers Life Insurance Company now owns 83,940 shares of the health services provider’s stock valued at $1,288,000 after acquiring an additional 603 shares in the last quarter. Finally, Texas Permanent School Fund increased its position in shares of Select Medical by 0.8% during the second quarter. Texas Permanent School Fund now owns 78,467 shares of the health services provider’s stock valued at $1,204,000 after acquiring an additional 655 shares in the last quarter. 77.92% of the stock is owned by institutional investors and hedge funds.

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Select Medical Company Profile

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.

Insider Buying and Selling by Quarter for Select Medical (NYSE:SEM)

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