Swiss National Bank boosted its stake in shares of Select Medical Holdings Corp. (NYSE:SEM) by 13.7% during the second quarter, Holdings Channel reports. The fund owned 176,500 shares of the company’s stock after buying an additional 21,200 shares during the period. Swiss National Bank owned about 0.13% of Select Medical Holdings Corp. worth $1,919,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Metropolitan Life Insurance Co. NY increased its position in shares of Select Medical Holdings Corp. by 1.8% in the first quarter. Metropolitan Life Insurance Co. NY now owns 74,854 shares of the company’s stock valued at $884,000 after buying an additional 1,349 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Select Medical Holdings Corp. by 19.6% in the first quarter. Envestnet Asset Management Inc. now owns 9,859 shares of the company’s stock valued at $116,000 after buying an additional 1,616 shares during the last quarter. Legal & General Group Plc increased its position in shares of Select Medical Holdings Corp. by 26.5% in the first quarter. Legal & General Group Plc now owns 28,160 shares of the company’s stock valued at $329,000 after buying an additional 5,904 shares during the last quarter. Bayesian Capital Management LP purchased a new position in shares of Select Medical Holdings Corp. during the first quarter valued at about $232,000. Finally, Kennedy Capital Management Inc. purchased a new position in shares of Select Medical Holdings Corp. during the first quarter valued at about $1,177,000. 80.74% of the stock is currently owned by institutional investors and hedge funds.

Select Medical Holdings Corp. (NYSE:SEM) traded up 1.43% during trading on Wednesday, reaching $12.73. 549,812 shares of the company’s stock were exchanged. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 11.37 and a beta of 1.36. Select Medical Holdings Corp. has a 52 week low of $7.33 and a 52 week high of $14.30. The company’s 50 day moving average price is $11.82 and its 200-day moving average price is $11.86.

Select Medical Holdings Corp. (NYSE:SEM) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by $0.01. Select Medical Holdings Corp. had a return on equity of 12.35% and a net margin of 3.47%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the firm posted $0.28 earnings per share. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. On average, equities analysts expect that Select Medical Holdings Corp. will post $0.80 EPS for the current year.

Separately, Zacks Investment Research raised shares of Select Medical Holdings Corp. from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Tuesday, August 9th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $13.67.

In other news, insider David S. Chernow sold 8,536 shares of Select Medical Holdings Corp. stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of $12.13, for a total value of $103,541.68. Following the transaction, the insider now owns 1,060,050 shares of the company’s stock, valued at approximately $12,858,406.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David S. Chernow sold 90,164 shares of Select Medical Holdings Corp. stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $12.11, for a total transaction of $1,091,886.04. Following the completion of the transaction, the insider now directly owns 1,010,453 shares in the company, valued at approximately $12,236,585.83. The disclosure for this sale can be found here. Company insiders own 19.63% of the company’s stock.

Select Medical Holdings Corp. Company Profile

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.

5 Day Chart for NYSE:SEM

Want to see what other hedge funds are holding SEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Select Medical Holdings Corp. (NYSE:SEM).

Receive News & Ratings for Select Medical Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Medical Holdings Corp. and related companies with MarketBeat.com's FREE daily email newsletter.