Sei Investments Co. increased its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH – Free Report) by 9.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 118,323 shares of the company’s stock after purchasing an additional 10,679 shares during the quarter. Sei Investments Co. owned 0.78% of U.S. Physical Therapy worth $8,866,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of the stock. Hantz Financial Services Inc. boosted its holdings in shares of U.S. Physical Therapy by 56.4% in the fourth quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock valued at $29,000 after buying an additional 132 shares during the period. Advisory Services Network LLC bought a new stake in shares of U.S. Physical Therapy during the third quarter worth $39,000. iSAM Funds UK Ltd acquired a new stake in shares of U.S. Physical Therapy during the third quarter worth $52,000. Parallel Advisors LLC raised its holdings in shares of U.S. Physical Therapy by 75.2% during the first quarter. Parallel Advisors LLC now owns 785 shares of the company’s stock worth $59,000 after acquiring an additional 337 shares during the period. Finally, Blue Trust Inc. lifted its position in U.S. Physical Therapy by 36.4% in the 4th quarter. Blue Trust Inc. now owns 873 shares of the company’s stock valued at $68,000 after acquiring an additional 233 shares in the last quarter.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on USPH. Zacks Research raised shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 27th. Barrington Research dropped their price target 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. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a report on Friday, July 24th. Citizens Jmp reaffirmed a “market outperform” rating and set a $98.00 price objective on shares of U.S. Physical Therapy in a research report on Wednesday, June 24th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of U.S. Physical Therapy in a report on Friday, May 29th. One equities research 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $97.50.
U.S. Physical Therapy Stock Down 1.0%
Shares of USPH stock opened at $79.31 on Friday. The firm’s fifty day moving average price is $68.76 and its two-hundred day moving average price is $74.53. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. U.S. Physical Therapy, Inc. has a 1 year low of $58.19 and a 1 year high of $93.50. The firm has a market capitalization of $1.21 billion, a P/E ratio of 158.62, a PEG ratio of 2.19 and a beta of 1.15.
U.S. Physical Therapy (NYSE:USPH – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.09). The business had revenue of $198.29 million for the quarter, compared to analyst estimates of $200.94 million. U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 earnings per share. On average, equities analysts predict that U.S. Physical Therapy, Inc. will post 2.99 EPS for the current fiscal year.
U.S. Physical Therapy Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 22nd were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.84 annualized dividend and a yield of 2.3%. U.S. Physical Therapy’s dividend payout ratio is 368.00%.
Insider Buying and Selling at U.S. Physical Therapy
In related news, Director Peter Francis Minan acquired 492 shares of the company’s stock in a transaction dated 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 purchase, the director directly owned 2,923 shares in the company, valued at approximately $184,558.22. This trade represents a 20.24% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.40% of the stock is owned by company insiders.
About U.S. Physical Therapy
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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