JMP Securities reiterated their hold rating on shares of U.S. Physical Therapy Inc. (NYSE:USPH) in a report released on Monday.

Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of U.S. Physical Therapy from a buy rating to a hold rating in a research note on Thursday, October 6th. Barrington Research upgraded shares of U.S. Physical Therapy from a market perform rating to an outperform rating and set a $61.00 price objective for the company in a research note on Friday, November 4th. Finally, Jefferies Group set a $65.00 price objective on shares of U.S. Physical Therapy and gave the stock a hold rating in a research note on Friday, August 5th.

U.S. Physical Therapy (NYSE:USPH) opened at 56.70 on Monday. The company has a 50-day moving average price of $60.62 and a 200 day moving average price of $59.70. The company has a market capitalization of $709.94 million, a PE ratio of 29.38 and a beta of 0.85. U.S. Physical Therapy has a 52-week low of $45.62 and a 52-week high of $64.89.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Thursday, November 3rd. The company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by $0.03. The firm earned $88.30 million during the quarter, compared to analyst estimates of $33.94 million. U.S. Physical Therapy had a net margin of 6.84% and a return on equity of 11.54%. U.S. Physical Therapy’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the business earned $0.47 earnings per share. Equities research analysts anticipate that U.S. Physical Therapy will post $1.93 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $0.68 annualized dividend and a dividend yield of 1.20%. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 35.05%.

In related news, CEO Christopher J. Reading sold 8,000 shares of the firm’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of $64.01, for a total transaction of $512,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Lawrance W. Mcafee sold 2,000 shares of the firm’s stock in a transaction on Thursday, August 25th. The stock was sold at an average price of $62.50, for a total transaction of $125,000.00. The disclosure for this sale can be found here. Corporate insiders own 4.30% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of USPH. Sei Investments Co. boosted its position in U.S. Physical Therapy by 115.3% in the third quarter. Sei Investments Co. now owns 1,701 shares of the company’s stock worth $106,000 after buying an additional 911 shares during the last quarter. Teacher Retirement System of Texas boosted its position in U.S. Physical Therapy by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 1,733 shares of the company’s stock worth $104,000 after buying an additional 209 shares during the last quarter. Mason Street Advisors LLC purchased a new position in U.S. Physical Therapy during the second quarter worth $147,000. SG Americas Securities LLC purchased a new position in U.S. Physical Therapy during the third quarter worth $164,000. Finally, Municipal Employees Retirement System of Michigan boosted its position in U.S. Physical Therapy by 1.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 2,770 shares of the company’s stock worth $174,000 after buying an additional 40 shares during the last quarter. 93.51% of the stock is owned by hedge funds and other institutional investors.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries.

5 Day Chart for NYSE:USPH

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