First Trust Advisors LP purchased a new stake in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 51,474 shares of the company’s stock, valued at approximately $4,942,000.

Several other institutional investors also recently made changes to their positions in USPH. Acadian Asset Management LLC bought a new stake in shares of U.S. Physical Therapy during the 2nd quarter valued at approximately $106,000. Stratos Wealth Partners LTD. bought a new stake in shares of U.S. Physical Therapy during the 1st quarter valued at approximately $109,000. Atria Investments LLC bought a new stake in shares of U.S. Physical Therapy during the 1st quarter valued at approximately $207,000. M&T Bank Corp bought a new stake in shares of U.S. Physical Therapy during the 1st quarter valued at approximately $229,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of U.S. Physical Therapy during the 1st quarter valued at approximately $268,000. 98.14% of the stock is currently owned by institutional investors.

A number of research firms have weighed in on USPH. Zacks Investment Research lowered shares of U.S. Physical Therapy from a “hold” rating to a “sell” rating in a report on Saturday, July 7th. ValuEngine raised shares of U.S. Physical Therapy from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 26th. Cantor Fitzgerald reissued a “buy” rating and set a $90.00 target price on shares of U.S. Physical Therapy in a report on Thursday, May 3rd. Jefferies Financial Group reissued a “hold” rating and set a $105.00 target price on shares of U.S. Physical Therapy in a report on Friday, August 3rd. Finally, Barrington Research reissued a “hold” rating on shares of U.S. Physical Therapy in a report on Friday, August 3rd. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $99.50.

In other news, Director Jerald L. Pullins sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $115.01, for a total value of $460,040.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark J. Brookner sold 4,375 shares of the business’s stock in a transaction that occurred on Thursday, August 23rd. The stock was sold at an average price of $116.82, for a total transaction of $511,087.50. The disclosure for this sale can be found here. Insiders have sold a total of 28,929 shares of company stock worth $3,342,700 over the last three months. Insiders own 2.50% of the company’s stock.

USPH opened at $122.45 on Friday. U.S. Physical Therapy, Inc. has a fifty-two week low of $56.50 and a fifty-two week high of $122.97. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 58.87, a price-to-earnings-growth ratio of 4.19 and a beta of 1.09.

U.S. Physical Therapy (NYSE:USPH) last posted its earnings results on Thursday, August 2nd. The company reported $0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.05. U.S. Physical Therapy had a net margin of 5.03% and a return on equity of 13.81%. The firm had revenue of $115.10 million for the quarter, compared to analyst estimates of $111.77 million. During the same period in the previous year, the firm posted $0.59 EPS. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. equities research analysts forecast that U.S. Physical Therapy, Inc. will post 2.51 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 7th. Shareholders of record on Tuesday, August 14th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Monday, August 13th. U.S. Physical Therapy’s payout ratio is 44.23%.

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.

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

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