U.S. Physical Therapy, Inc. (NYSE:USPH) Insider Sells $191,680.00 in Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) insider Eric Joseph Williams sold 2,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $95.84, for a total value of $191,680.00. Following the sale, the insider now owns 14,814 shares in the company, valued at approximately $1,419,773.76. The trade was a 11.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

U.S. Physical Therapy Stock Performance

Shares of U.S. Physical Therapy stock opened at $90.18 on Friday. The company has a market cap of $1.36 billion, a PE ratio of 95.94, a price-to-earnings-growth ratio of 4.15 and a beta of 1.38. U.S. Physical Therapy, Inc. has a 52 week low of $76.18 and a 52 week high of $113.63. The business has a 50 day moving average price of $84.09 and a 200-day moving average price of $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 issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.09). The company had revenue of $167.19 million during the quarter, compared to analysts’ expectations of $163.34 million. U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the company earned $0.76 earnings per share. Equities analysts anticipate that U.S. Physical Therapy, Inc. will post 2.67 earnings per share for the current fiscal year.

U.S. Physical Therapy Announces Dividend

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

Institutional Trading of U.S. Physical Therapy

A number of institutional investors and hedge funds have recently modified their holdings of USPH. Vanguard Group Inc. grew its holdings in U.S. Physical Therapy by 1.0% during the first quarter. Vanguard Group Inc. now owns 1,072,602 shares of the company’s stock valued at $121,065,000 after purchasing an additional 10,175 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of U.S. Physical Therapy by 2.5% in the second quarter. Dimensional Fund Advisors LP now owns 423,846 shares of the company’s stock worth $39,173,000 after acquiring an additional 10,462 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of U.S. Physical Therapy by 4.1% in the second quarter. Envestnet Asset Management Inc. now owns 239,982 shares of the company’s stock worth $22,179,000 after acquiring an additional 9,434 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of U.S. Physical Therapy by 18.8% in the third quarter. Rockefeller Capital Management L.P. now owns 160,441 shares of the company’s stock worth $13,578,000 after acquiring an additional 25,393 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of U.S. Physical Therapy by 3.4% in the second quarter. Bank of New York Mellon Corp now owns 157,052 shares of the company’s stock worth $14,515,000 after acquiring an additional 5,111 shares during the period.

Analyst Ratings Changes

Several brokerages recently commented on USPH. Bank of America restated a “neutral” rating and set a $90.00 target price (down previously from $114.00) on shares of U.S. Physical Therapy in a research report on Monday, October 7th. Barrington Research reaffirmed an “outperform” rating and set a $108.00 price target on shares of U.S. Physical Therapy in a research note on Thursday, November 7th. Finally, StockNews.com raised U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research note on Wednesday, August 21st.

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.