Select Medical Holdings Corp. (NYSE:SEM) rose 5% during mid-day trading on Friday . The company traded as high as $11.05 and last traded at $11.03, with a volume of 278,615 shares changing hands. The stock had previously closed at $10.50.

SEM has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Select Medical Holdings Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, May 11th. Robert W. Baird reaffirmed a “hold” rating on shares of Select Medical Holdings Corp. in a report on Monday, May 16th. Finally, TheStreet raised shares of Select Medical Holdings Corp. from a “hold” rating to a “buy” rating in a report on Monday, March 28th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $14.00.

The company has a market cap of $1.44 billion and a PE ratio of 9.63. The firm’s 50-day moving average is $11.76 and its 200-day moving average is $11.20.

Select Medical Holdings Corp. (NYSE:SEM) last issued its quarterly earnings data on Thursday, May 5th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. During the same quarter in the prior year, the business earned $0.25 earnings per share. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. Equities analysts anticipate that Select Medical Holdings Corp. will post $0.87 earnings per share for the current year.

In other news, Director James E. Dalton, Jr. sold 12,000 shares of Select Medical Holdings Corp. stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $12.37, for a total transaction of $148,440.00. Following the completion of the transaction, the director now directly owns 95,979 shares in the company, valued at $1,187,260.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in SEM. New York State Common Retirement Fund boosted its position in Select Medical Holdings Corp. by 4.7% in the fourth quarter. New York State Common Retirement Fund now owns 100,400 shares of the company’s stock valued at $1,196,000 after buying an additional 4,500 shares during the period. Rhumbline Advisers boosted its position in Select Medical Holdings Corp. by 9.3% in the fourth quarter. Rhumbline Advisers now owns 121,833 shares of the company’s stock valued at $1,451,000 after buying an additional 10,360 shares during the period. First Trust Advisors LP boosted its position in Select Medical Holdings Corp. by 12.9% in the fourth quarter. First Trust Advisors LP now owns 139,474 shares of the company’s stock valued at $1,661,000 after buying an additional 15,887 shares during the period. Royce & Associates LLC boosted its position in Select Medical Holdings Corp. by 15.9% in the fourth quarter. Royce & Associates LLC now owns 190,000 shares of the company’s stock valued at $2,263,000 after buying an additional 26,000 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in Select Medical Holdings Corp. by 20.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 198,779 shares of the company’s stock valued at $2,368,000 after buying an additional 33,793 shares during the period.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care.

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