Select Medical Holdings Co. (SEM) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. increased its position in shares of Select Medical Holdings Co. (NYSE:SEM) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,252,350 shares of the health services provider’s stock after acquiring an additional 27,997 shares during the quarter. Victory Capital Management Inc. owned approximately 0.94% of Select Medical worth $22,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Amalgamated Bank boosted its position in shares of Select Medical by 2.6% during the 2nd quarter. Amalgamated Bank now owns 14,806 shares of the health services provider’s stock valued at $227,000 after acquiring an additional 376 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Select Medical by 4.8% in the second quarter. PNC Financial Services Group Inc. now owns 8,709 shares of the health services provider’s stock valued at $133,000 after buying an additional 396 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in Select Medical by 1.0% in the second quarter. Public Employees Retirement System of Ohio now owns 50,364 shares of the health services provider’s stock valued at $773,000 after buying an additional 487 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Select Medical by 0.7% in the second quarter. The Manufacturers Life Insurance Company now owns 83,940 shares of the health services provider’s stock valued at $1,288,000 after buying an additional 603 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in Select Medical by 0.4% in the second quarter. TIAA CREF Investment Management LLC now owns 362,425 shares of the health services provider’s stock valued at $5,563,000 after buying an additional 1,578 shares during the last quarter. 79.89% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Select Medical Holdings Co. (NYSE SEM) traded down $0.30 during trading on Monday, reaching $16.60. 548,500 shares of the company’s stock traded hands, compared to its average volume of 754,276. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.51 and a quick ratio of 1.51. The stock has a market capitalization of $2,221.49, a price-to-earnings ratio of 22.74, a P/E/G ratio of 1.04 and a beta of 1.30. Select Medical Holdings Co. has a one year low of $12.00 and a one year high of $19.77.

In other news, insider Martin F. Jackson sold 134,029 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $17.05, for a total transaction of $2,285,194.45. Following the transaction, the insider now directly owns 1,717,944 shares in the company, valued at $29,290,945.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Scott A. Romberger sold 5,000 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $17.97, for a total value of $89,850.00. Following the sale, the insider now directly owns 168,211 shares of the company’s stock, valued at $3,022,751.67. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 295,955 shares of company stock worth $5,052,199. Insiders own 19.93% of the company’s stock.

A number of research analysts have commented on the stock. Zacks Investment Research cut shares of Select Medical from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. ValuEngine raised shares of Select Medical from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Robert W. Baird set a $25.00 price target on shares of Select Medical and gave the stock a “buy” rating in a research report on Monday, October 23rd. Bank of America raised shares of Select Medical from an “underperform” rating to a “neutral” rating and set a $19.00 price target on the stock in a research report on Thursday, January 4th. Finally, Wells Fargo & Co initiated coverage on shares of Select Medical in a research note on Tuesday, January 30th. They set an “outperform” rating and a $26.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. Select Medical presently has a consensus rating of “Hold” and an average target price of $20.25.

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Select Medical 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.

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

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