U.S. Physical Therapy, Inc. (NYSE:USPH – Get Free Report) Director Peter Francis Minan acquired 492 shares of the company’s stock in a transaction on Monday, June 8th. The shares were bought at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the purchase, the director owned 2,923 shares in the company, valued at approximately $184,558.22. This represents a 20.24% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Peter Francis Minan also recently made the following trade(s):
- On Tuesday, June 9th, Peter Francis Minan acquired 288 shares of U.S. Physical Therapy stock. The shares were bought at an average price of $61.50 per share, for a total transaction of $17,712.00.
U.S. Physical Therapy Price Performance
Shares of NYSE:USPH opened at $65.67 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. The stock’s fifty day simple moving average is $68.39 and its two-hundred day simple moving average is $76.34. U.S. Physical Therapy, Inc. has a 1-year low of $58.19 and a 1-year high of $93.50. The stock has a market cap of $999.51 million, a PE ratio of 131.34, a price-to-earnings-growth ratio of 1.74 and a beta of 1.16.
U.S. Physical Therapy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.46 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.84 annualized dividend and a yield of 2.8%. U.S. Physical Therapy’s dividend payout ratio (DPR) is 368.00%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in USPH. Hantz Financial Services Inc. increased its holdings in U.S. Physical Therapy by 56.4% in the 4th quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock worth $29,000 after acquiring an additional 132 shares during the last quarter. Advisory Services Network LLC purchased a new stake in U.S. Physical Therapy in the 3rd quarter worth about $39,000. EverSource Wealth Advisors LLC increased its holdings in U.S. Physical Therapy by 68.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 471 shares of the company’s stock worth $40,000 after acquiring an additional 192 shares during the last quarter. GAMMA Investing LLC increased its holdings in U.S. Physical Therapy by 207.1% in the 4th quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $40,000 after acquiring an additional 348 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in U.S. Physical Therapy in the 3rd quarter worth about $52,000.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on USPH. Barrington Research dropped their price objective on U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Zacks Research raised shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Citigroup restated an “outperform” rating on shares of U.S. Physical Therapy in a research report on Friday, May 8th. Jefferies Financial Group upgraded shares of U.S. Physical Therapy to a “strong-buy” rating in a report on Thursday, March 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of U.S. Physical Therapy in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $97.50.
Read Our Latest Stock Analysis on USPH
U.S. Physical Therapy Company Profile
U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.
In addition to traditional rehabilitation services, U.S.
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