Worth Watching: Is Select Medical Holdings Corporation’s Fuel For Real? The Stock Just Increased Again

Worth Watching: Is Select Medical Holdings Corporation's Fuel For Real? The Stock Just Increased Again

The stock of Select Medical Holdings Corporation (NYSE:SEM) is a huge mover today! About 208,500 shares traded hands. Select Medical Holdings Corporation (NYSE:SEM) has declined 3.04% since April 18, 2016 and is downtrending. It has underperformed by 7.47% the S&P500.
The move comes after 6 months positive chart setup for the $1.71 billion company. It was reported on Nov, 18 by Barchart.com. We have $19.07 PT which if reached, will make NYSE:SEM worth $837.90 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. RBC Capital Markets maintained the shares of SEM in a report on Monday, November 2 with “Outperform” rating. The stock of Select Medical Holdings Corporation (NYSE:SEM) has “Hold” rating given on Wednesday, August 12 by Zacks. The stock of Select Medical Holdings Corporation (NYSE:SEM) earned “Mkt Perform” rating by JMP Securities on Tuesday, October 20. TheStreet downgraded the stock to “Hold” rating in Friday, October 16 report. RBC Capital Markets maintained the shares of SEM in a report on Monday, August 10 with “Outperform” rating. On Tuesday, October 6 the stock rating was upgraded by Wells Fargo to “Outperform”. The rating was downgraded by Zacks on Wednesday, August 5 to “Buy”. On Wednesday, September 28 the stock rating was downgraded by JMP Securities to “Mkt Underperform”.

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 decreased to 1.32 in 2016 Q2. Its down 0.85, from 2.17 in 2016Q1. The ratio turned negative, 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.
Quantitative Investment Mngmt Lc accumulated 0.01% or 25,700 shares. Strs Ohio holds 0% or 84,200 shares in its portfolio. Profund Advsr Limited Liability Company accumulated 33,954 shares or 0.02% of the stock. California State Teachers Retirement Sys holds 223,869 shares or 0.01% of its portfolio. Cantab Cap Prtn Ltd Liability Partnership holds 0% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM) for 17,821 shares. Sg Americas Securities Lc, a New York-based fund reported 14,222 shares. Foundry Prtn Ltd Liability Company has invested 0.53% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM). Pnc Fincl Ser Group Inc has invested 0% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM). The Missouri-based Parkside Bank & Tru has invested 0.01% in Select Medical Holdings Corporation (NYSE:SEM). Matarin Cap Mngmt Limited Liability Co has 0% invested in the company for 272,059 shares. Envestnet Asset Mngmt holds 0% or 12,424 shares in its portfolio. The British Columbia – Canada-based Connor Clark Lunn Invest Mngmt Limited has invested 0.01% in Select Medical Holdings Corporation (NYSE:SEM). Morgan Stanley, a New York-based fund reported 795,048 shares. Tower Research Capital Limited Liability Corporation (Trc) holds 0% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM) for 3,781 shares. Nationwide Fund Advisors holds 0% of its portfolio in Select Medical Holdings Corporation (NYSE:SEM) for 91,680 shares.

More notable recent Select Medical Holdings Corporation (NYSE:SEM) news were published by: Prnewswire.com which released: “Select Medical Holdings Corporation Announces Sale of its Contract Therapy …” on March 31, 2016, also Prnewswire.com with their article: “Select Medical Holdings Corporation Announces Signing of a Definitive …” published on January 25, 2016, Prnewswire.com published: “Select Medical Holdings Corporation Announces Completion of Acquisition of …” on March 04, 2016. More interesting news about Select Medical Holdings Corporation (NYSE:SEM) were released by: Prnewswire.com and their article: “Select Medical Holdings Corporation and Kindred Healthcare, Inc. Announce …” published on February 18, 2016 as well as Businesswire.com‘s news article titled: “Kindred Healthcare and Select Medical Holdings Corporation Complete …” with publication date: June 01, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment