BlackRock Inc. Buys 40,093 Shares of U.S. Physical Therapy, Inc. (USPH)

BlackRock Inc. boosted its stake in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,621,087 shares of the company’s stock after acquiring an additional 40,093 shares during the period. BlackRock Inc. owned 0.13% of U.S. Physical Therapy worth $117,043,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in U.S. Physical Therapy by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 493,972 shares of the company’s stock worth $30,355,000 after acquiring an additional 7,197 shares during the period. BTIM Corp. boosted its holdings in shares of U.S. Physical Therapy by 0.7% in the 4th quarter. BTIM Corp. now owns 280,557 shares of the company’s stock valued at $20,256,000 after purchasing an additional 1,952 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in shares of U.S. Physical Therapy in the 4th quarter valued at $12,459,000. Wells Fargo & Company MN boosted its holdings in shares of U.S. Physical Therapy by 24.6% in the 4th quarter. Wells Fargo & Company MN now owns 91,620 shares of the company’s stock valued at $6,615,000 after purchasing an additional 18,078 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in shares of U.S. Physical Therapy by 5.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 59,684 shares of the company’s stock valued at $4,310,000 after purchasing an additional 3,174 shares in the last quarter. Hedge funds and other institutional investors own 96.28% of the company’s stock.

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Shares of U.S. Physical Therapy, Inc. (NYSE:USPH) opened at $80.20 on Monday. The firm has a market capitalization of $1,009.00, a price-to-earnings ratio of 45.83, a price-to-earnings-growth ratio of 2.93 and a beta of 1.16. U.S. Physical Therapy, Inc. has a twelve month low of $56.50 and a twelve month high of $87.50. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.28.

U.S. Physical Therapy (NYSE:USPH) last issued its earnings results on Thursday, March 8th. The company reported $0.49 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.49. U.S. Physical Therapy had a return on equity of 13.12% and a net margin of 5.38%. The firm had revenue of $109.20 million for the quarter, compared to the consensus estimate of $104.12 million. equities research analysts expect that U.S. Physical Therapy, Inc. will post 2.44 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Wednesday, March 21st will be issued a dividend of $0.23 per share. This is an increase from U.S. Physical Therapy’s previous quarterly dividend of $0.20. The ex-dividend date is Tuesday, March 20th. This represents a $0.92 annualized dividend and a dividend yield of 1.15%. U.S. Physical Therapy’s dividend payout ratio (DPR) is 52.57%.

In related news, Director Bernard A. Harris, Jr. sold 6,000 shares of the firm’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $86.53, for a total transaction of $519,180.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Lawrance W. Mcafee sold 2,000 shares of the firm’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of $86.06, for a total value of $172,120.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,268 shares of company stock worth $1,770,623. 3.10% of the stock is currently owned by company insiders.

A number of equities research analysts have weighed in on the company. Barrington Research reaffirmed a “hold” rating on shares of U.S. Physical Therapy in a report on Friday, March 9th. Zacks Investment Research downgraded U.S. Physical Therapy from a “buy” rating to a “hold” rating in a report on Friday, March 9th. Cantor Fitzgerald raised their target price on U.S. Physical Therapy to $90.00 and gave the company an “overweight” rating in a report on Friday, March 9th. Finally, Jefferies Group set a $76.00 target price on U.S. Physical Therapy and gave the company a “hold” rating in a report on Friday, February 23rd. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $79.40.

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U.S. Physical Therapy Profile

U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries.

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Institutional Ownership by Quarter for U.S. Physical Therapy (NYSE:USPH)

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