Insider Selling: U.S. Physical Therapy, Inc. (NYSE:USPH) Director Sells 2,000 Shares of Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) Director Bernard A. Harris, Jr. sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $92.95, for a total value of $185,900.00. Following the sale, the director now owns 16,726 shares in the company, valued at approximately $1,554,681.70. This trade represents a 10.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

U.S. Physical Therapy Stock Down 1.8 %

Shares of NYSE:USPH opened at $90.18 on Friday. U.S. Physical Therapy, Inc. has a 52-week low of $76.18 and a 52-week high of $113.63. The stock has a market cap of $1.36 billion, a P/E ratio of 95.94, a price-to-earnings-growth ratio of 4.15 and a beta of 1.38. The business’s 50 day moving average is $84.09 and its 200 day moving average is $91.25. The company has a quick ratio of 1.88, a current ratio of 1.78 and a debt-to-equity ratio of 0.27.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Tuesday, August 13th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.09). The company had revenue of $167.19 million for the quarter, compared to the consensus estimate of $163.34 million. U.S. Physical Therapy had a net margin of 3.54% and a return on equity of 8.11%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. Sell-side analysts predict that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current year.

U.S. Physical Therapy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.76 annualized dividend and a dividend yield of 1.95%. U.S. Physical Therapy’s dividend payout ratio is presently 187.23%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on USPH shares. Bank of America restated a “neutral” rating and set a $90.00 price objective (down from $114.00) on shares of U.S. Physical Therapy in a research report on Monday, October 7th. Barrington Research restated an “outperform” rating and set a $108.00 price objective on shares of U.S. Physical Therapy in a research report on Thursday, November 7th. Finally, StockNews.com upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, August 21st.

Hedge Funds Weigh In On U.S. Physical Therapy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board purchased a new position in U.S. Physical Therapy in the 2nd quarter worth $28,000. Innealta Capital LLC purchased a new position in U.S. Physical Therapy in the 2nd quarter worth $30,000. Quest Partners LLC raised its stake in U.S. Physical Therapy by 2,808.3% in the 2nd quarter. Quest Partners LLC now owns 349 shares of the company’s stock worth $32,000 after acquiring an additional 337 shares during the last quarter. Quarry LP raised its stake in U.S. Physical Therapy by 1,291.9% in the 2nd quarter. Quarry LP now owns 515 shares of the company’s stock worth $48,000 after acquiring an additional 478 shares during the last quarter. Finally, Ridgewood Investments LLC purchased a new position in U.S. Physical Therapy in the 2nd quarter worth $51,000.

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.