Dana Investment Advisors Inc. Acquires 181,436 Shares of Select Medical Holdings Corporation $SEM

Dana Investment Advisors Inc. boosted its holdings in Select Medical Holdings Corporation (NYSE:SEM) by 52.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 524,621 shares of the health services provider’s stock after purchasing an additional 181,436 shares during the period. Dana Investment Advisors Inc.’s holdings in Select Medical were worth $6,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. MAI Capital Management lifted its stake in shares of Select Medical by 48,000.0% in the 2nd quarter. MAI Capital Management now owns 2,405 shares of the health services provider’s stock valued at $37,000 after acquiring an additional 2,400 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of Select Medical by 6,868.4% during the third quarter. Cornerstone Planning Group LLC now owns 3,972 shares of the health services provider’s stock worth $51,000 after purchasing an additional 3,915 shares during the period. Wilmington Savings Fund Society FSB grew its stake in shares of Select Medical by 20.9% in the third quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock worth $74,000 after purchasing an additional 999 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in Select Medical by 13.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 7,135 shares of the health services provider’s stock valued at $108,000 after purchasing an additional 834 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in Select Medical by 15.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,828 shares of the health services provider’s stock valued at $134,000 after purchasing an additional 1,208 shares during the last quarter. 89.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SEM. Mizuho set a $17.00 target price on Select Medical in a research note on Monday, November 3rd. Weiss Ratings raised shares of Select Medical from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. Royal Bank Of Canada dropped their target price on shares of Select Medical from $20.00 to $19.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Wall Street Zen lowered shares of Select Medical from a “buy” rating to a “hold” rating in a research note on Saturday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Select Medical currently has a consensus rating of “Moderate Buy” and an average price target of $16.25.

Select Medical Stock Performance

Shares of Select Medical stock opened at $14.81 on Wednesday. Select Medical Holdings Corporation has a 12 month low of $11.65 and a 12 month high of $19.40. The firm has a market capitalization of $1.84 billion, a P/E ratio of 12.88, a P/E/G ratio of 0.65 and a beta of 1.25. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.89. The business has a fifty day simple moving average of $15.28 and a two-hundred day simple moving average of $14.13.

Select Medical (NYSE:SEM) last issued its quarterly earnings results on Thursday, February 19th. The health services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.07). Select Medical had a return on equity of 7.26% and a net margin of 2.68%.The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the business earned $0.18 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, equities analysts forecast that Select Medical Holdings Corporation will post 1.17 earnings per share for the current fiscal year.

Select Medical announced that its board has approved a stock buyback program on Thursday, February 19th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the health services provider to repurchase up to 49.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Select Medical Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd will be given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, March 2nd. Select Medical’s payout ratio is currently 21.74%.

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.