U.S. Physical Therapy (NYSE:USPH) COO Sells $52,205.32 in Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) COO Graham Reeve sold 662 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $78.86, for a total value of $52,205.32. Following the transaction, the chief operating officer directly owned 30,078 shares in the company, valued at $2,371,951.08. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

U.S. Physical Therapy Stock Performance

Shares of USPH stock opened at $76.87 on Friday. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 54.13, a PEG ratio of 1.94 and a beta of 1.30. The stock has a fifty day moving average of $83.79 and a 200 day moving average of $82.17. U.S. Physical Therapy, Inc. has a 52 week low of $62.77 and a 52 week high of $93.50. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.32.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. U.S. Physical Therapy had a net margin of 5.07% and a return on equity of 8.75%. The business had revenue of $202.73 million for the quarter, compared to the consensus estimate of $200.10 million. During the same period in the previous year, the firm earned $0.51 EPS. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. As a group, research analysts expect that U.S. Physical Therapy, Inc. will post 2.67 earnings per share for the current year.

U.S. Physical Therapy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from U.S. Physical Therapy’s previous quarterly dividend of $0.45. U.S. Physical Therapy’s payout ratio is presently 126.76%.

Analysts Set New Price Targets

A number of research firms recently issued reports on USPH. Barrington Research reissued an “outperform” rating and issued a $103.00 price target on shares of U.S. Physical Therapy in a research note on Friday, February 20th. Jefferies Financial Group upgraded U.S. Physical Therapy to a “strong-buy” rating in a report on Thursday. JPMorgan Chase & Co. decreased their target price on U.S. Physical Therapy from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, November 24th. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Monday, December 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of U.S. Physical Therapy in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, U.S. Physical Therapy has an average rating of “Moderate Buy” and a consensus price target of $104.50.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. grew its holdings in U.S. Physical Therapy by 56.4% in the fourth quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock worth $29,000 after purchasing an additional 132 shares during the period. Huntington National Bank lifted its holdings in shares of U.S. Physical Therapy by 15.4% during the fourth quarter. Huntington National Bank now owns 1,052 shares of the company’s stock valued at $82,000 after purchasing an additional 140 shares during the last quarter. CWM LLC lifted its holdings in shares of U.S. Physical Therapy by 17.0% during the third quarter. CWM LLC now owns 968 shares of the company’s stock valued at $82,000 after purchasing an additional 141 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of U.S. Physical Therapy by 4.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,091 shares of the company’s stock worth $263,000 after purchasing an additional 142 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of U.S. Physical Therapy by 35.7% in the 2nd quarter. Assetmark Inc. now owns 570 shares of the company’s stock worth $45,000 after purchasing an additional 150 shares in the last quarter.

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.