Select Medical Holdings Co. (NYSE:SEM) SVP Scott A. Romberger Sells 10,000 Shares

Select Medical Holdings Co. (NYSE:SEM) SVP Scott A. Romberger sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $19.73, for a total transaction of $197,300.00. Following the completion of the sale, the senior vice president now owns 154,500 shares of the company’s stock, valued at approximately $3,048,285. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Select Medical stock opened at $19.96 on Friday. The firm has a 50-day moving average price of $17.23 and a 200-day moving average price of $15.95. The firm has a market capitalization of $2.67 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 4.61. Select Medical Holdings Co. has a 12-month low of $12.96 and a 12-month high of $20.12.

Select Medical (NYSE:SEM) last released its earnings results on Thursday, October 31st. The health services provider reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.12. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.31 billion. Select Medical had a net margin of 2.62% and a return on equity of 15.97%. The business’s revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the business earned $0.23 EPS. As a group, sell-side analysts predict that Select Medical Holdings Co. will post 1.11 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Credit Suisse Group set a $18.00 target price on shares of Select Medical and gave the stock a “hold” rating in a report on Friday, November 1st. Benchmark raised their target price on shares of Select Medical from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Deutsche Bank assumed coverage on shares of Select Medical in a report on Monday, September 16th. They issued a “buy” rating and a $22.00 target price for the company. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Select Medical currently has an average rating of “Buy” and an average target price of $19.40.

A number of hedge funds have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Select Medical in the 3rd quarter worth about $40,000. Boston Advisors LLC increased its stake in Select Medical by 1.9% in the 3rd quarter. Boston Advisors LLC now owns 186,492 shares of the health services provider’s stock worth $3,090,000 after buying an additional 3,393 shares during the period. Mason Street Advisors LLC increased its stake in Select Medical by 1.9% in the 3rd quarter. Mason Street Advisors LLC now owns 36,840 shares of the health services provider’s stock worth $610,000 after buying an additional 679 shares during the period. SG Americas Securities LLC purchased a new position in Select Medical in the 3rd quarter worth about $190,000. Finally, Russell Investments Group Ltd. purchased a new position in Select Medical in the 3rd quarter worth about $157,000. 75.55% of the stock is currently owned by institutional investors.

About Select Medical

Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates through four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.

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