Smith Graham Investment Advisors Lp buys $9,064,096 stake in Select Medical Holdings Corporation (SEM)

Select Medical Holdings Corporation (SEM) : Smith Graham Investment Advisors Lp scooped up 19,110 additional shares in Select Medical Holdings Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 659,207 shares of Select Medical Holdings Corporation which is valued at $9,064,096.Select Medical Holdings Corporation makes up approximately 1.17% of Smith Graham Investment Advisors Lp’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co reduced its stake in SEM by selling 200 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 46,170 shares of SEM which is valued at $641,763. Select Medical Holdings Corporation makes up approx 0.02% of Capstone Asset Management Co’s portfolio.Cutler Group Lp reduced its stake in SEM by selling 2,351 shares or 97.15% in the most recent quarter. The Hedge Fund company now holds 69 shares of SEM which is valued at $969.Fisher Asset Management boosted its stake in SEM in the latest quarter, The investment management firm added 36,308 additional shares and now holds a total of 4,870,939 shares of Select Medical Holdings Corporation which is valued at $68,387,984. Select Medical Holdings Corporation makes up approx 0.13% of Fisher Asset Management’s portfolio.Advisory Services Network boosted its stake in SEM in the latest quarter, The investment management firm added 93 additional shares and now holds a total of 846 shares of Select Medical Holdings Corporation which is valued at $11,793.

Select Medical Holdings Corporation closed down -0.14 points or -1.01% at $13.75 with 9,68,731 shares getting traded on Friday. Post opening the session at $13.94, the shares hit an intraday low of $13.725 and an intraday high of $14.02 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Select Medical Holdings Corporation reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.24. The company had revenue of $1097.60 million for the quarter, compared to analysts expectations of $1097.02 million. The company’s revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

Many Wall Street Analysts have commented on Select Medical Holdings Corporation. Select Medical Holdings Corporation was Downgraded by JMP Securities to ” Mkt Underperform” on Sep 28, 2016.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes hospitals assisted living and senior care centers schools and worksites. As of December 31 2014 the Company had operations in 41 states and the District of Columbia.

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