Shares of Select Medical Holdings Corp. (NYSE:SEM) fell 2.1% on Wednesday . The stock traded as low as $11.49 and last traded at $11.54, with a volume of 261,984 shares trading hands. The stock had previously closed at $11.79.

A number of equities analysts recently weighed in on SEM shares. Zacks Investment Research cut shares of Select Medical Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Robert W. Baird reaffirmed a “hold” rating on shares of Select Medical Holdings Corp. in a research report on Monday, May 16th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $13.67.

The firm has a market cap of $1.49 billion and a P/E ratio of 10.15. The stock has a 50 day moving average price of $11.44 and a 200-day moving average price of $11.42.

Select Medical Holdings Corp. (NYSE:SEM) last announced its earnings results on Thursday, August 4th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. The company’s revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 EPS. Equities research analysts predict that Select Medical Holdings Corp. will post $0.80 earnings per share for the current year.

In other Select Medical Holdings Corp. news, insider David S. Chernow sold 8,536 shares of Select Medical Holdings Corp. stock in a transaction dated Monday, August 8th. The shares were sold at an average price of $12.13, for a total transaction of $103,541.68. Following the completion of the transaction, the insider now owns 1,060,050 shares in the company, valued at $12,858,406.50. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

An institutional investor recently raised its position in Select Medical Holdings Corp. stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Select Medical Holdings Corp. (NYSE:SEM) by 12.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 168,100 shares of the company’s stock after buying an additional 18,400 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.13% of Select Medical Holdings Corp. worth $2,002,000 at the end of the most recent reporting period.

Select Medical Holdings Corporation is an operator of specialty hospitals and outpatient rehabilitation clinics. The Company, through its contract therapy business, provides medical rehabilitation services on a contracted basis to nursing homes, hospitals, assisted living and senior care centers, schools and work sites.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.