Thoroughbred Financial Services LLC Acquires Shares of 2,601 U.S. Physical Therapy, Inc. (NYSE:USPH)

Thoroughbred Financial Services LLC bought a new stake in U.S. Physical Therapy, Inc. (NYSE:USPH) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,601 shares of the company’s stock, valued at approximately $240,000.

A number of other institutional investors have also recently made changes to their positions in the company. Innealta Capital LLC bought a new stake in U.S. Physical Therapy in the 2nd quarter valued at about $30,000. Quest Partners LLC raised its holdings in U.S. Physical Therapy by 2,808.3% during the 2nd quarter. Quest Partners LLC now owns 349 shares of the company’s stock valued at $32,000 after acquiring an additional 337 shares during the period. Northwest Bank & Trust Co purchased a new stake in shares of U.S. Physical Therapy during the fourth quarter worth $37,000. Benjamin F. Edwards & Company Inc. grew its position in shares of U.S. Physical Therapy by 268.5% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 549 shares of the company’s stock valued at $61,000 after purchasing an additional 400 shares in the last quarter. Finally, Ridgewood Investments LLC bought a new stake in shares of U.S. Physical Therapy during the 2nd quarter valued at $51,000.

Insider Activity at U.S. Physical Therapy

In related news, 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 value of $142,230.00. Following the completion of the sale, the chief operating officer now owns 7,038 shares in the company, valued at approximately $580,635. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other U.S. Physical Therapy news, COO Graham D. Reeve sold 1,724 shares of U.S. Physical Therapy stock in a transaction that occurred 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 transaction, the chief operating officer now directly owns 7,038 shares of the company’s stock, valued at $580,635. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kathleen A. Gilmartin acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was acquired at an average cost of $86.09 per share, with a total value of $172,180.00. Following the purchase, the director now directly owns 18,904 shares in the company, valued at approximately $1,627,445.36. The disclosure for this purchase can be found here. 1.70% of the stock is currently owned by insiders.

U.S. Physical Therapy Stock Down 0.1 %

USPH stock opened at $83.87 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.28. U.S. Physical Therapy, Inc. has a 1-year low of $78.08 and a 1-year high of $113.63. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 68.18, a price-to-earnings-growth ratio of 4.06 and a beta of 1.39. The company’s 50 day moving average is $89.25 and its 200 day moving average is $97.56.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings data 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 net margin of 4.06% and a return on equity of 8.18%. The company had revenue of $167.19 million for the quarter, compared to analysts’ expectations of $163.34 million. During the same quarter last year, the business posted $0.76 EPS. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. Sell-side analysts predict that U.S. Physical Therapy, Inc. will post 2.51 EPS for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders 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 annualized dividend and a dividend yield of 2.10%. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 143.09%.

Analyst Ratings Changes

Several research analysts have commented on USPH shares. StockNews.com upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research note on Wednesday, August 21st. Barrington Research decreased their price target on shares of U.S. Physical Therapy from $122.00 to $108.00 and set an “outperform” rating on the stock in a report on Thursday, August 15th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, U.S. Physical Therapy currently has an average rating of “Moderate Buy” and a consensus price target of $112.50.

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.