New Amsterdam Partnersny adds Select Medical Holdings Corporation (SEM) to its portfolio

Select Medical Holdings Corporation (SEM) : New Amsterdam Partnersny added new position in Select Medical Holdings Corporation during the most recent quarter end. The investment management firm now holds 371,628 shares of Select Medical Holdings Corporation which is valued at $4,121,355 , the company said in a statement filed on Aug 1, 2016 with the SEC.Select Medical Holdings Corporation makes up approximately 0.96% of New Amsterdam Partnersny’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management sold out all of its stake in SEM during the most recent quarter. The investment firm sold 350 shares of SEM which is valued $4,053.Bnp Paribas Arbitrage Sa boosted its stake in SEM in the latest quarter, The investment management firm added 22,797 additional shares and now holds a total of 40,206 shares of Select Medical Holdings Corporation which is valued at $441,462.

Select Medical Holdings Corporation closed down -0.29 points or -2.61% at $10.8 with 6,70,954 shares getting traded on Thursday. Post opening the session at $11.09, the shares hit an intraday low of $10.78 and an intraday high of $11.15 and the price fluctuated in this range throughout the day.Shares ended Thursday 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. Company shares were Reiterated by UBS on May 9, 2016 to “Reduce”, Firm has raised the Price Target to $ 11 from a previous price target of $8 .

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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