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, HoldingsChannel reports. The firm owned 118,323 shares of the company’s stock after buying an additional 10,679 shares during the period. Sei Investments Co.’s holdings in U.S. Physical Therapy were worth $8,866,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in U.S. Physical Therapy by 77.2% in the third quarter. Bank of America Corp DE now owns 317,200 shares of the company’s stock valued at $26,946,000 after buying an additional 138,194 shares during the period. Schroder Investment Management Group boosted its stake in shares of U.S. Physical Therapy by 45.9% during the 4th quarter. Schroder Investment Management Group now owns 364,253 shares of the company’s stock worth $29,603,000 after acquiring an additional 114,618 shares during the period. 4D Advisors LLC acquired a new position in shares of U.S. Physical Therapy during the 3rd quarter worth approximately $9,344,000. First Trust Advisors LP increased its holdings in shares of U.S. Physical Therapy by 607.2% during the 4th quarter. First Trust Advisors LP now owns 69,834 shares of the company’s stock worth $5,453,000 after acquiring an additional 59,959 shares during the last quarter. Finally, Two Sigma Investments LP increased its holdings in shares of U.S. Physical Therapy by 718.8% during the 3rd quarter. Two Sigma Investments LP now owns 60,267 shares of the company’s stock worth $5,120,000 after acquiring an additional 52,907 shares during the last quarter.
Wall Street Analyst Weigh In
USPH has been the subject of several research reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $98.00 price target on shares of U.S. Physical Therapy in a report on Wednesday, June 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of U.S. Physical Therapy in a report on Friday, May 29th. Zacks Research raised shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Friday, July 24th. Finally, Barrington Research reduced their target price on shares of U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. One equities research 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 company’s stock. Based on data from MarketBeat, U.S. Physical Therapy has an average rating of “Moderate Buy” and a consensus price target of $97.50.
U.S. Physical Therapy Trading Down 1.0%
Shares of U.S. Physical Therapy stock opened at $79.31 on Friday. The firm has a 50-day moving average of $68.76 and a 200-day moving average of $74.53. The stock has a market cap of $1.21 billion, a PE ratio of 158.62, a PEG ratio of 2.19 and a beta of 1.15. U.S. Physical Therapy, Inc. has a 52-week low of $58.19 and a 52-week high of $93.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 1.19.
U.S. Physical Therapy (NYSE:USPH – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.09). U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.The business had revenue of $198.29 million for the quarter, compared to the consensus estimate of $200.94 million. During the same period in the prior year, the business posted $0.48 earnings per share. U.S. Physical Therapy’s revenue was up 7.9% compared to the same quarter last year. As a group, sell-side analysts forecast that U.S. Physical Therapy, Inc. will post 2.99 EPS for the current year.
U.S. Physical Therapy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 22nd were issued 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 dividend yield of 2.3%. U.S. Physical Therapy’s dividend payout ratio (DPR) is currently 368.00%.
Insider Activity at U.S. Physical Therapy
In other U.S. Physical Therapy news, Director Peter Francis Minan purchased 492 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was bought at an average cost of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the transaction, the director owned 2,923 shares in the company, valued at approximately $184,558.22. This represents a 20.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 2.40% of the company’s stock.
U.S. Physical Therapy Profile
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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