EntryPoint Capital LLC Invests $453,000 in Select Medical Holdings Co. (NYSE:SEM)

EntryPoint Capital LLC acquired a new stake in Select Medical Holdings Co. (NYSE:SEM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 24,037 shares of the health services provider’s stock, valued at approximately $453,000.

Several other hedge funds also recently bought and sold shares of SEM. Quarry LP acquired a new stake in shares of Select Medical in the third quarter valued at $30,000. Smartleaf Asset Management LLC grew its position in Select Medical by 179.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,296 shares of the health services provider’s stock valued at $43,000 after acquiring an additional 1,473 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Select Medical during the third quarter worth about $81,000. Cibc World Markets Corp acquired a new stake in shares of Select Medical during the fourth quarter worth about $191,000. Finally, Vista Finance LLC acquired a new position in shares of Select Medical in the fourth quarter valued at approximately $193,000. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on SEM. StockNews.com upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Benchmark upgraded Select Medical from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a report on Monday, February 24th. UBS Group cut their price target on Select Medical from $40.00 to $21.00 and set a “neutral” rating on the stock in a report on Friday, January 3rd. Finally, Royal Bank of Canada decreased their price objective on Select Medical from $47.00 to $23.00 and set an “outperform” rating for the company in a research note on Monday, February 24th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $27.25.

Select Medical Stock Up 1.4 %

Select Medical stock opened at $17.10 on Wednesday. The stock has a market cap of $2.21 billion, a PE ratio of 10.36, a P/E/G ratio of 0.64 and a beta of 1.56. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.13 and a quick ratio of 1.13. The stock’s fifty day moving average is $18.52 and its two-hundred day moving average is $25.31. Select Medical Holdings Co. has a 1-year low of $16.20 and a 1-year high of $40.98.

Select Medical (NYSE:SEM) last posted its earnings results on Thursday, February 20th. The health services provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.11). The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Select Medical had a return on equity of 14.04% and a net margin of 3.23%. On average, sell-side analysts expect that Select Medical Holdings Co. will post 1.17 EPS for the current fiscal year.

Select Medical Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Monday, March 3rd were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.25 annualized dividend and a yield of 1.46%. Select Medical’s dividend payout ratio is currently 15.15%.

Select Medical Profile

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