Benjamin F. Edwards & Company Inc. Has $89,000 Stock Holdings in U.S. Physical Therapy, Inc. (NYSE:USPH)

Benjamin F. Edwards & Company Inc. raised its position in U.S. Physical Therapy, Inc. (NYSE:USPH) by 74.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 958 shares of the company’s stock after acquiring an additional 409 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in U.S. Physical Therapy were worth $89,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Innealta Capital LLC bought a new stake in shares of U.S. Physical Therapy during the second quarter valued at approximately $30,000. Quest Partners LLC boosted its stake in U.S. Physical Therapy by 2,808.3% during the second quarter. Quest Partners LLC now owns 349 shares of the company’s stock worth $32,000 after buying an additional 337 shares in the last quarter. Northwest Bank & Trust Co bought a new stake in U.S. Physical Therapy in the 4th quarter valued at $37,000. Ridgewood Investments LLC acquired a new position in shares of U.S. Physical Therapy in the 2nd quarter valued at $51,000. Finally, First Horizon Advisors Inc. lifted its holdings in shares of U.S. Physical Therapy by 18.6% during 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 during the period.

Wall Street Analysts Forecast Growth

USPH has been the topic of a number of analyst reports. Barrington Research reissued an “outperform” rating and issued a $108.00 target price on shares of U.S. Physical Therapy in a research note on Friday, September 20th. StockNews.com upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research note on Wednesday, August 21st.

Insider Activity at U.S. Physical Therapy

In other U.S. Physical Therapy news, Director Kathleen A. Gilmartin acquired 2,000 shares of U.S. Physical Therapy stock in a transaction on Tuesday, September 3rd. The shares were bought 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 $1,627,445.36. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total value of $142,230.00. Following the completion of the sale, the chief operating officer now owns 7,038 shares of the company’s stock, valued at $580,635. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Kathleen A. Gilmartin acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was bought at an average price of $86.09 per share, with a total value of $172,180.00. Following the transaction, the director now directly owns 18,904 shares in the company, valued at $1,627,445.36. The disclosure for this purchase can be found here. Insiders own 1.70% of the company’s stock.

U.S. Physical Therapy Stock Up 0.2 %

Shares of NYSE:USPH opened at $84.38 on Friday. The company’s fifty day moving average is $87.39 and its 200-day moving average is $96.35. 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, Inc. has a 52 week low of $78.08 and a 52 week high of $113.63. The company has a market capitalization of $1.27 billion, a PE ratio of 68.60, a P/E/G ratio of 4.11 and a beta of 1.39.

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

U.S. Physical Therapy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 23rd were given a dividend of $0.44 per share. The ex-dividend date was Friday, August 23rd. This represents a $1.76 dividend on an annualized basis and a yield of 2.09%. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 143.09%.

U.S. Physical Therapy 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.