436,996 Shares in U.S. Physical Therapy, Inc. $USPH Acquired by William Blair Investment Management LLC

William Blair Investment Management LLC bought a new position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) in the second quarter, Holdings Channel reports. The firm bought 436,996 shares of the company’s stock, valued at approximately $30,013,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its position in shares of U.S. Physical Therapy by 56.4% in the fourth quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock valued at $29,000 after purchasing an additional 132 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of U.S. Physical Therapy in the second quarter worth $30,000. Advisory Services Network LLC bought a new stake in shares of U.S. Physical Therapy during the 3rd quarter worth $39,000. iSAM Funds UK Ltd bought a new stake in shares of U.S. Physical Therapy during the 3rd quarter worth $52,000. Finally, Parallel Advisors LLC grew its stake in U.S. Physical Therapy by 75.2% in the 1st quarter. Parallel Advisors LLC now owns 785 shares of the company’s stock valued at $59,000 after buying an additional 337 shares during the last quarter.

Insiders Place Their Bets

In other news, Director Peter Francis Minan bought 492 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were acquired at an average cost of $63.14 per share, with a total value of $31,064.88. Following the completion of the transaction, the director directly owned 2,923 shares in the company, valued at $184,558.22. This represents a 20.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

USPH has been the subject of a number of research analyst reports. Citizens Jmp reissued a “market outperform” rating and set a $98.00 target price on shares of U.S. Physical Therapy in a research report on Wednesday, June 24th. Zacks Research raised U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Citigroup reiterated a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Physical Therapy in a research note on Friday, May 29th. Finally, Barrington Research raised their target price on U.S. Physical Therapy from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.50.

U.S. Physical Therapy Price Performance

NYSE:USPH opened at $78.16 on Friday. The stock has a market cap of $1.17 billion, a P/E ratio of 459.79, a PEG ratio of 2.15 and a beta of 1.13. U.S. Physical Therapy, Inc. has a one year low of $58.19 and a one year high of $93.50. The company has a fifty day moving average price of $73.59 and a 200 day moving average price of $73.90. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.27 and a quick ratio of 1.27.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.06). The company had revenue of $214.06 million during the quarter, compared to the consensus estimate of $211.36 million. U.S. Physical Therapy had a net margin of 3.97% and a return on equity of 9.39%. U.S. Physical Therapy’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company earned $0.81 earnings per share. Analysts anticipate that U.S. Physical Therapy, Inc. will post 2.95 earnings per share for the current year.

U.S. Physical Therapy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, August 21st. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 1,082.35%.

U.S. Physical Therapy Profile

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.