Select Medical Holdings Corp. (NYSE:SEM) shot up 5% on Friday . The stock traded as high as $11.05 and last traded at $11.03, with a volume of 278,615 shares traded. The stock had previously closed at $10.50.

Several brokerages have recently weighed in on SEM. Zacks Investment Research raised Select Medical Holdings Corp. from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Wednesday, May 4th. Robert W. Baird reaffirmed a “hold” rating on shares of Select Medical Holdings Corp. in a research report on Monday, May 16th. Finally, TheStreet raised Select Medical Holdings Corp. from a “hold” rating to a “buy” rating in a research report on Monday, March 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $14.00.

The company has a market capitalization of $1.44 billion and a price-to-earnings ratio of 9.63. The stock has a 50 day moving average price of $11.72 and a 200 day moving average price of $11.19.

Select Medical Holdings Corp. (NYSE:SEM) last posted its quarterly earnings results on Thursday, May 5th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. The company earned $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Select Medical Holdings Corp.’s revenue for the quarter was up 36.8% compared to the same quarter last year. During the same period last year, the company earned $0.25 earnings per share. Equities research analysts expect that Select Medical Holdings Corp. will post $0.87 EPS for the current year.

In other news, Director James E. Dalton, Jr. sold 12,000 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $12.37, for a total value of $148,440.00. Following the completion of the sale, the director now directly owns 95,979 shares of the company’s stock, valued at $1,187,260.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Several hedge funds recently bought and sold shares of the company. New York State Common Retirement Fund raised its stake 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 worth $1,196,000 after buying an additional 4,500 shares during the period. Rhumbline Advisers raised its stake in Select Medical Holdings Corp. by 9.3% in the fourth quarter. Rhumbline Advisers now owns 121,833 shares of the company’s stock worth $1,451,000 after buying an additional 10,360 shares during the period. First Trust Advisors LP raised its stake 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 worth $1,661,000 after buying an additional 15,887 shares during the period. Royce & Associates LLC raised its stake 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 worth $2,263,000 after buying an additional 26,000 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake 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 worth $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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