International Assets Investment Management LLC Acquires 2,272 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

International Assets Investment Management LLC grew its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 8,414.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,299 shares of the company’s stock after purchasing an additional 2,272 shares during the period. International Assets Investment Management LLC’s holdings in U.S. Physical Therapy were worth $195,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USPH. Silvercrest Asset Management Group LLC bought a new stake in U.S. Physical Therapy during the 1st quarter worth about $8,158,000. Renaissance Technologies LLC lifted its position in U.S. Physical Therapy by 763.7% during the 2nd quarter. Renaissance Technologies LLC now owns 69,523 shares of the company’s stock worth $6,425,000 after buying an additional 61,474 shares in the last quarter. Penn Davis Mcfarland Inc. bought a new stake in U.S. Physical Therapy during the 3rd quarter worth about $2,552,000. Dimensional Fund Advisors LP lifted its position in U.S. Physical Therapy by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 423,846 shares of the company’s stock worth $39,173,000 after buying an additional 10,462 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in U.S. Physical Therapy by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 1,072,602 shares of the company’s stock worth $121,065,000 after buying an additional 10,175 shares in the last quarter.

Analyst Ratings Changes

USPH has been the topic of a number of research analyst reports. StockNews.com raised shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, August 21st. Barrington Research reaffirmed an “outperform” rating and issued a $108.00 target price on shares of U.S. Physical Therapy in a report on Wednesday, October 9th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $90.00 target price (down from $114.00) on shares of U.S. Physical Therapy in a report on Monday, October 7th.

U.S. Physical Therapy Stock Up 17.7 %

Shares of USPH opened at $97.10 on Thursday. U.S. Physical Therapy, Inc. has a 52 week low of $76.18 and a 52 week high of $113.63. The firm has a market cap of $1.46 billion, a P/E ratio of 91.60, a price-to-earnings-growth ratio of 3.93 and a beta of 1.38. The firm’s 50-day simple moving average is $83.21 and its 200 day simple moving average is $91.53. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.88 and a current ratio of 1.88.

U.S. Physical Therapy (NYSE:USPH) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. U.S. Physical Therapy had a net margin of 4.06% and a return on equity of 8.18%. The business had revenue of $168.03 million for the quarter, compared to analyst estimates of $163.97 million. On average, analysts forecast that U.S. Physical Therapy, Inc. will post 2.58 earnings per share for the current year.

U.S. Physical Therapy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, November 15th. This represents a $1.76 annualized dividend and a dividend yield of 1.81%. U.S. Physical Therapy’s dividend payout ratio is 166.04%.

Insider Activity at U.S. Physical Therapy

In other news, COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total transaction of $142,230.00. Following the completion of the transaction, the chief operating officer now owns 7,038 shares of the company’s stock, valued at approximately $580,635. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Kathleen A. Gilmartin acquired 2,000 shares of the stock in a transaction on Tuesday, September 3rd. The shares were acquired at an average price of $86.09 per share, with a total value of $172,180.00. Following the completion of the transaction, the director now owns 18,904 shares in the company, valued at approximately $1,627,445.36. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Graham D. Reeve sold 1,724 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $82.50, for a total transaction of $142,230.00. Following the completion of the transaction, the chief operating officer now directly owns 7,038 shares of the company’s stock, valued at approximately $580,635. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.70% of the stock is owned by insiders.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.