Marshall Wace North America L.P. lifted its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 450.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,122 shares of the company’s stock after acquiring an additional 15,647 shares during the quarter. Marshall Wace North America L.P. owned 0.15% of U.S. Physical Therapy worth $1,147,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in USPH. Teachers Advisors LLC increased its position in shares of U.S. Physical Therapy by 3.1% during the fourth quarter. Teachers Advisors LLC now owns 28,963 shares of the company’s stock worth $2,033,000 after acquiring an additional 882 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of U.S. Physical Therapy by 2.0% during the first quarter. Louisiana State Employees Retirement System now owns 5,100 shares of the company’s stock worth $333,000 after acquiring an additional 100 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of U.S. Physical Therapy by 5.5% during the first quarter. Wells Fargo & Company MN now owns 44,458 shares of the company’s stock worth $2,903,000 after acquiring an additional 2,335 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of U.S. Physical Therapy by 6.4% during the first quarter. Great West Life Assurance Co. Can now owns 17,193 shares of the company’s stock worth $1,122,000 after acquiring an additional 1,029 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of U.S. Physical Therapy by 1.2% during the first quarter. First Trust Advisors LP now owns 23,246 shares of the company’s stock worth $1,518,000 after acquiring an additional 281 shares during the last quarter. 95.50% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently weighed in on the company. Zacks Investment Research raised U.S. Physical Therapy from a “sell” rating to a “buy” rating and set a $72.00 price objective for the company in a report on Saturday, May 13th. BidaskClub lowered U.S. Physical Therapy from a “sell” rating to a “strong sell” rating in a report on Sunday, July 16th. Barrington Research raised U.S. Physical Therapy from a “market perform” rating to an “outperform” rating and set a $68.00 price objective for the company in a report on Monday, July 3rd. Cantor Fitzgerald assumed coverage on U.S. Physical Therapy in a report on Monday, July 24th. They issued an “overweight” rating and a $72.00 price objective for the company. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $63.00 price objective on shares of U.S. Physical Therapy in a report on Friday, June 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. U.S. Physical Therapy presently has a consensus rating of “Hold” and a consensus target price of $68.60.

In other news, COO Glenn Mcdowell sold 2,598 shares of the stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $57.00, for a total transaction of $148,086.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Bernard A. Harris, Jr. sold 5,000 shares of the stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the sale, the director now directly owns 26,422 shares in the company, valued at $1,638,164. The disclosure for this sale can be found here. Insiders sold 13,266 shares of company stock valued at $801,134 in the last three months. Company insiders own 3.10% of the company’s stock.

U.S. Physical Therapy, Inc. (NYSE:USPH) opened at 59.20 on Friday. U.S. Physical Therapy, Inc. has a 12-month low of $51.96 and a 12-month high of $78.00. The company has a market capitalization of $744.80 million, a price-to-earnings ratio of 37.47 and a beta of 1.07. The stock’s 50 day moving average price is $60.81 and its 200 day moving average price is $64.40.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.01. U.S. Physical Therapy had a return on equity of 12.91% and a net margin of 5.65%. The business had revenue of $104.25 million during the quarter, compared to analyst estimates of $102.93 million. On average, equities research analysts anticipate that U.S. Physical Therapy, Inc. will post $2.13 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Monday, August 21st were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Thursday, August 17th. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 46.78%.

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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.

Institutional Ownership by Quarter for U.S. Physical Therapy (NYSE:USPH)

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