The stock of Select Medical Holdings Corporation (NYSE:SEM) is a huge mover today! About 453,206 shares traded hands. Select Medical Holdings Corporation (NYSE:SEM) has declined 2.52% since April 5, 2016 and is downtrending. It has underperformed by 4.48% the S&P500.
The move comes after 9 months positive chart setup for the $1.55B company. It was reported on Nov, 7 by Barchart.com. We have $14.46 PT which if reached, will make NYSE:SEM worth $310.00 million more.
Select Medical Holdings Corporation (NYSE:SEM) Ratings Coverage
Out of 5 analysts covering Select Medical Holdings (NYSE:SEM), 2 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 40% are positive. Select Medical Holdings has been the topic of 10 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Tuesday, October 6 by Wells Fargo. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, November 2. JMP Securities downgraded the stock to “Mkt Underperform” rating in Wednesday, September 28 report. The rating was upgraded by Zacks to “Hold” on Wednesday, August 12. The stock of Select Medical Holdings Corporation (NYSE:SEM) has “Mkt Perform” rating given on Tuesday, October 20 by JMP Securities. The rating was maintained by RBC Capital Markets on Monday, August 10 with “Outperform”. As per Wednesday, August 5, the company rating was downgraded by Zacks. The firm earned “Hold” rating on Friday, October 16 by TheStreet.
According to Zacks Investment Research, “Select Medical Holdings Corporation, through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company’s Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services. The company also provides medical rehabilitation services on a contract basis to nursing homes, hospitals, assisted living and senior care centers, schools, and work sites. The Mission of Select Medical Corporation is to ensure high-quality health care and cost-effective outcomes by providing specialty inpatient long-term acute care and rehabilitation, and outpatient rehabilitation services. The company is headquartered in Mechanicsburg, Pennsylvania.”
Insitutional Activity: The institutional sentiment increased to 2.17 in Q2 2016. Its up 0.93, from 1.24 in 2016Q1. The ratio improved, as 19 funds sold all Select Medical Holdings Corporation shares owned while 27 reduced positions. 35 funds bought stakes while 65 increased positions. They now own 105.83 million shares or 0.66% more from 105.14 million shares in 2016Q1.
Moreover, Quantitative Invest Ltd has 0.01% invested in Select Medical Holdings Corporation (NYSE:SEM) for 25,700 shares. Tower Rech Capital Ltd (Trc) holds 3,781 shares or 0% of its portfolio. Gsa Cap Prtnrs Llp has invested 0.02% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM). Advisors Asset Mngmt owns 65,077 shares or 0.01% of their US portfolio. Teacher Retirement Sys Of Texas, a Texas-based fund reported 14,691 shares. Amalgamated Comml Bank holds 12,658 shares or 0.01% of its portfolio. Nordea Ab last reported 226,500 shares in the company. Lpl Ltd Co owns 22,184 shares or 0% of their US portfolio. Moreover, New York State Common Retirement Fund has 0% invested in Select Medical Holdings Corporation (NYSE:SEM) for 123,453 shares. Northern holds 1.85 million shares or 0.01% of its portfolio. Capital Impact Advisors Limited Liability Company holds 0.43% or 84,935 shares in its portfolio. Smith Graham Advsr Ltd Partnership has invested 0.96% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM). Parkside Retail Bank And Trust last reported 0.01% of its portfolio in the stock. Qcm Cayman has 12,611 shares for 0.06% of their US portfolio. Geode Cap Mngmt Ltd Liability Com last reported 0% of its portfolio in the stock.
More notable recent Select Medical Holdings Corporation (NYSE:SEM) news were published by: Prnewswire.com which released: “Select Medical Holdings Corporation Announces Completion of Acquisition of …” on March 04, 2016, also Prnewswire.com with their article: “Select Medical Holdings Corporation and Kindred Healthcare, Inc. Announce …” published on February 18, 2016, Prnewswire.com published: “Select Medical Holdings Corporation Announces Sale of its Contract Therapy …” on March 31, 2016. More interesting news about Select Medical Holdings Corporation (NYSE:SEM) were released by: Businesswire.com and their article: “Kindred Healthcare and Select Medical Holdings Corporation Complete …” published on June 01, 2016 as well as Seekingalpha.com‘s news article titled: “Select Medical Holdings’ (SEM) Q3 2016 Results – Earnings Call Transcript” with publication date: November 04, 2016.
SEM Company Profile
Select Medical Holdings Corporation, incorporated on October 14, 2004, is an operator of specialty hospitals and outpatient rehabilitation clinics in the United States. The Company, through its contract therapy business, provides medical rehabilitation services on a contracted basis to nursing homes, hospitals, assisted living and senior care centers, schools and work sites. The Firm operates through three business divisions: specialty hospitals, outpatient rehabilitation and Concentra. The Company’s Other activities include corporate services and other minority investments in other healthcare-related businesses, which include investments in companies that provide specialized technology, services to healthcare entities and providers of complementary services.
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