AQR Capital Management LLC boosted its position in shares of Select Medical Holdings Corporation (NYSE:SEM) by 173.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,833 shares of the health services provider’s stock after buying an additional 48,772 shares during the period. AQR Capital Management LLC owned about 0.06% of Select Medical Holdings Corporation worth $1,026,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Swiss National Bank raised its stake in shares of Select Medical Holdings Corporation by 2.6% in the first quarter. Swiss National Bank now owns 174,500 shares of the health services provider’s stock worth $2,330,000 after buying an additional 4,400 shares during the period. Gargoyle Investment Advisor L.L.C. purchased a new stake in shares of Select Medical Holdings Corporation during the first quarter worth $162,000. Comerica Bank raised its stake in shares of Select Medical Holdings Corporation by 2.7% in the first quarter. Comerica Bank now owns 149,512 shares of the health services provider’s stock worth $2,048,000 after buying an additional 3,950 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Select Medical Holdings Corporation by 8.7% in the first quarter. Bank of New York Mellon Corp now owns 1,508,997 shares of the health services provider’s stock worth $20,146,000 after buying an additional 120,145 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Select Medical Holdings Corporation by 43.3% in the first quarter. First Trust Advisors LP now owns 180,436 shares of the health services provider’s stock worth $2,409,000 after buying an additional 54,557 shares during the period. 79.64% of the stock is owned by institutional investors and hedge funds.

Shares of Select Medical Holdings Corporation (NYSE SEM) traded up 1.69% on Tuesday, hitting $18.00. The stock had a trading volume of 187,275 shares. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 31.52 and a beta of 1.45. The stock has a 50 day moving average of $15.50 and a 200 day moving average of $14.01. Select Medical Holdings Corporation has a 12-month low of $10.20 and a 12-month high of $18.00.

Select Medical Holdings Corporation (NYSE:SEM) last announced its quarterly earnings data on Thursday, August 3rd. The health services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Select Medical Holdings Corporation had a return on equity of 9.61% and a net margin of 1.95%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm earned $0.23 earnings per share. Equities analysts predict that Select Medical Holdings Corporation will post $0.90 earnings per share for the current fiscal year.

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A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Select Medical Holdings Corporation from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Tuesday. JMP Securities lifted their target price on Select Medical Holdings Corporation from $10.00 to $12.00 and gave the company a “market underperform” rating in a research report on Monday. Deutsche Bank AG lifted their target price on Select Medical Holdings Corporation from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Monday. Benchmark Co. lifted their target price on Select Medical Holdings Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Monday. Finally, Robert W. Baird raised Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $15.00 to $21.00 in a research report on Monday. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $17.29.

In other news, EVP Michael E. Tarvin sold 4,500 shares of the stock in a transaction on Monday, June 26th. The stock was sold at an average price of $15.25, for a total value of $68,625.00. Following the sale, the executive vice president now directly owns 324,137 shares in the company, valued at $4,943,089.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Scott A. Romberger sold 3,127 shares of the stock in a transaction on Monday, June 12th. The shares were sold at an average price of $14.37, for a total value of $44,934.99. Following the completion of the sale, the insider now owns 159,084 shares in the company, valued at $2,286,037.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 50,575 shares of company stock worth $768,517. Insiders own 19.93% of the company’s stock.

Select Medical Holdings Corporation Company Profile

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.

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Institutional Ownership by Quarter for Select Medical Holdings Corporation (NYSE:SEM)

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