Voya Investment Management LLC Has $408,000 Position in U.S. Physical Therapy, Inc. (NYSE:USPH)

Voya Investment Management LLC lessened its stake in U.S. Physical Therapy, Inc. (NYSE:USPH) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,599 shares of the company’s stock after selling 336 shares during the period. Voya Investment Management LLC’s holdings in U.S. Physical Therapy were worth $408,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC increased its position in U.S. Physical Therapy by 2.5% during the 4th quarter. HighTower Advisors LLC now owns 4,833 shares of the company’s stock valued at $429,000 after purchasing an additional 119 shares during the period. CBIZ Investment Advisory Services LLC raised its stake in U.S. Physical Therapy by 59.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company’s stock worth $29,000 after buying an additional 122 shares during the last quarter. Albert D Mason Inc. lifted its holdings in U.S. Physical Therapy by 1.3% in the fourth quarter. Albert D Mason Inc. now owns 10,596 shares of the company’s stock valued at $940,000 after buying an additional 139 shares during the period. Harbor Capital Advisors Inc. boosted its position in U.S. Physical Therapy by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 16,344 shares of the company’s stock valued at $1,450,000 after acquiring an additional 156 shares during the last quarter. Finally, Norden Group LLC grew its holdings in U.S. Physical Therapy by 4.8% during the 4th quarter. Norden Group LLC now owns 5,139 shares of the company’s stock worth $456,000 after acquiring an additional 235 shares during the period.

Insider Activity

In related news, COO Graham D. Reeve sold 1,730 shares of U.S. Physical Therapy stock in a transaction on Friday, March 7th. The stock was sold at an average price of $82.11, for a total transaction of $142,050.30. Following the sale, the chief operating officer now directly owns 7,168 shares in the company, valued at approximately $588,564.48. This trade represents a 19.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

USPH has been the subject of several recent analyst reports. Barrington Research decreased their target price on U.S. Physical Therapy from $108.00 to $98.00 and set an “outperform” rating for the company in a research note on Friday, February 28th. StockNews.com raised shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Thursday. JMP Securities restated a “market outperform” rating and issued a $113.00 price target on shares of U.S. Physical Therapy in a report on Tuesday, April 22nd. JPMorgan Chase & Co. decreased their price target on shares of U.S. Physical Therapy from $120.00 to $110.00 and set an “overweight” rating for the company in a research note on Wednesday, March 19th. Finally, William Blair restated a “market perform” rating on shares of U.S. Physical Therapy in a research note on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, U.S. Physical Therapy presently has an average rating of “Moderate Buy” and an average target price of $109.00.

U.S. Physical Therapy Stock Up 3.9 %

Shares of NYSE USPH opened at $73.68 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.78. U.S. Physical Therapy, Inc. has a 1 year low of $62.77 and a 1 year high of $108.14. The stock has a market capitalization of $1.12 billion, a P/E ratio of 78.38, a P/E/G ratio of 3.54 and a beta of 1.44. The company has a 50-day moving average price of $72.14 and a 200-day moving average price of $83.68.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The firm had revenue of $183.79 million during the quarter, compared to the consensus estimate of $176.78 million. During the same period in the prior year, the business posted $0.51 earnings per share. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. On average, equities research analysts forecast that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current fiscal year.

U.S. Physical Therapy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be paid a $0.45 dividend. The ex-dividend date is Friday, May 23rd. This represents a $1.80 annualized dividend and a dividend yield of 2.44%. U.S. Physical Therapy’s payout ratio is 97.83%.

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.