U.S. Physical Therapy’s (USPH) Outperform Rating Reiterated at Barrington Research

Barrington Research reiterated their outperform rating on shares of U.S. Physical Therapy (NYSE:USPH) in a report issued on Friday, Benzinga reports. The brokerage currently has a $108.00 price target on the stock.

Separately, StockNews.com raised shares of U.S. Physical Therapy from a sell rating to a hold rating in a report on Wednesday, August 21st.

U.S. Physical Therapy Stock Down 2.1 %

Shares of USPH opened at $83.27 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 67.70, a price-to-earnings-growth ratio of 4.11 and a beta of 1.39. U.S. Physical Therapy has a 1 year low of $78.08 and a 1 year high of $113.63. The business’s 50 day simple moving average is $88.60 and its 200-day simple moving average is $97.08.

U.S. Physical Therapy (NYSE:USPH) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.09). U.S. Physical Therapy had a return on equity of 8.18% and a net margin of 4.06%. The business had revenue of $167.19 million during the quarter, compared to the consensus estimate of $163.34 million. During the same quarter in the prior year, the firm posted $0.76 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. As a group, equities analysts expect that U.S. Physical Therapy will post 2.51 earnings per share for the current fiscal year.

U.S. Physical Therapy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 23rd were given a $0.44 dividend. The ex-dividend date was Friday, August 23rd. This represents a $1.76 dividend on an annualized basis and a yield of 2.11%. U.S. Physical Therapy’s dividend payout ratio is presently 143.09%.

Insiders Place Their Bets

In other news, Director Kathleen A. Gilmartin bought 2,000 shares of U.S. Physical Therapy stock in a transaction dated 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 purchase, the director now owns 18,904 shares in the company, valued at approximately $1,627,445.36. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, COO Graham D. Reeve sold 1,724 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $82.50, for a total value of $142,230.00. Following the sale, the chief operating officer now directly owns 7,038 shares in the company, valued at $580,635. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kathleen A. Gilmartin acquired 2,000 shares of the company’s stock in a transaction that occurred 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 acquisition, the director now owns 18,904 shares in the company, valued at $1,627,445.36. The disclosure for this purchase can be found here. 1.70% of the stock is owned by insiders.

Institutional Trading of U.S. Physical Therapy

A number of hedge funds and other institutional investors have recently bought and sold shares of USPH. Conestoga Capital Advisors LLC grew its holdings in shares of U.S. Physical Therapy by 1.0% in the first quarter. Conestoga Capital Advisors LLC now owns 15,075 shares of the company’s stock worth $1,702,000 after purchasing an additional 145 shares during the last quarter. Texas Permanent School Fund Corp boosted its position in U.S. Physical Therapy by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 13,116 shares of the company’s stock valued at $1,480,000 after buying an additional 170 shares during the period. First Horizon Advisors Inc. grew its stake in U.S. Physical Therapy by 18.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,188 shares of the company’s stock worth $110,000 after acquiring an additional 186 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of U.S. Physical Therapy by 2.7% during the second quarter. Louisiana State Employees Retirement System now owns 7,600 shares of the company’s stock worth $702,000 after acquiring an additional 200 shares during the period. Finally, ProShare Advisors LLC raised its stake in shares of U.S. Physical Therapy by 7.4% during the first quarter. ProShare Advisors LLC now owns 3,002 shares of the company’s stock valued at $339,000 after acquiring an additional 206 shares in the last quarter.

U.S. Physical Therapy Company Profile

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.