Deutsche Bank AG Raises Stake in Select Medical Holdings (SEM)

Deutsche Bank AG lifted its stake in shares of Select Medical Holdings (NYSE:SEM) by 110.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 320,618 shares of the health services provider’s stock after acquiring an additional 167,962 shares during the quarter. Deutsche Bank AG owned approximately 0.24% of Select Medical worth $5,657,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cubist Systematic Strategies LLC purchased a new position in shares of Select Medical during the third quarter worth approximately $1,748,000. Investors Research Corp purchased a new position in shares of Select Medical during the fourth quarter worth approximately $551,000. Allianz Asset Management GmbH purchased a new position in shares of Select Medical during the third quarter worth approximately $847,000. Swiss National Bank increased its position in shares of Select Medical by 2.6% during the fourth quarter. Swiss National Bank now owns 179,100 shares of the health services provider’s stock worth $3,161,000 after acquiring an additional 4,600 shares during the period. Finally, Foundry Partners LLC increased its position in shares of Select Medical by 3.3% during the fourth quarter. Foundry Partners LLC now owns 668,723 shares of the health services provider’s stock worth $11,803,000 after acquiring an additional 21,293 shares during the period. 76.43% of the stock is currently owned by institutional investors and hedge funds.

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A number of equities analysts have recently commented on SEM shares. TheStreet raised shares of Select Medical from a “c+” rating to a “b-” rating in a research report on Thursday, March 1st. Robert W. Baird reaffirmed a “buy” rating and set a $26.00 target price on shares of Select Medical in a research report on Friday, February 23rd. ValuEngine raised shares of Select Medical from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research raised shares of Select Medical from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Tuesday, March 13th. Finally, JMP Securities raised shares of Select Medical from an “underperform” rating to a “market perform” rating and set a $12.00 price objective on the stock in a report on Tuesday, February 27th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Select Medical currently has an average rating of “Buy” and a consensus price target of $20.63.

In other Select Medical news, insider Scott A. Romberger sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $18.46, for a total value of $92,300.00. Following the completion of the sale, the insider now directly owns 167,811 shares in the company, valued at $3,097,791.06. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 19.86% of the company’s stock.

Shares of SEM stock opened at $18.05 on Thursday. The company has a market cap of $2,393.76, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.19 and a beta of 1.29. The company has a debt-to-equity ratio of 2.87, a quick ratio of 1.52 and a current ratio of 1.52. Select Medical Holdings has a 52-week low of $12.98 and a 52-week high of $19.77.

Select Medical (NYSE:SEM) last issued its quarterly earnings data on Wednesday, February 21st. The health services provider reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.12. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.10 billion. Select Medical had a net margin of 3.99% and a return on equity of 14.27%. Select Medical’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share. sell-side analysts anticipate that Select Medical Holdings will post 1.07 earnings per share for the current fiscal year.

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Select Medical Profile

Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates acute care hospitals (LTCHs), inpatient rehabilitation facilities (IRFs), outpatient rehabilitation clinics, and occupational medicine centers in the United States. The company operates through four segments: Long Term Acute Care, Inpatient Rehabilitation, Outpatient Rehabilitation, and Concentra.

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

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