Insider Selling: U.S. Physical Therapy, Inc. (NYSE:USPH) COO Sells 1,724 Shares of Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $96.29, for a total transaction of $166,003.96. Following the completion of the sale, the chief operating officer now owns 7,106 shares in the company, valued at $684,236.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

U.S. Physical Therapy Price Performance

Shares of U.S. Physical Therapy stock opened at $91.87 on Thursday. The stock’s fifty day moving average is $84.02 and its 200 day moving average is $91.26. U.S. Physical Therapy, Inc. has a one year low of $76.18 and a one year high of $113.63. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.88 and a current ratio of 1.78. The stock has a market cap of $1.39 billion, a P/E ratio of 97.73, a P/E/G ratio of 4.16 and a beta of 1.38.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.09). The company had revenue of $167.19 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.76 earnings per share. Sell-side analysts anticipate that U.S. Physical Therapy, Inc. will post 2.67 earnings per share for the current year.

U.S. Physical Therapy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a $0.44 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.92%. U.S. Physical Therapy’s payout ratio is currently 187.23%.

Analyst Ratings Changes

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

Institutional Trading of U.S. Physical Therapy

Several institutional investors and hedge funds have recently modified their holdings of the company. Precision Wealth Strategies LLC increased its stake in U.S. Physical Therapy by 5.1% in the 3rd quarter. Precision Wealth Strategies LLC now owns 2,824 shares of the company’s stock worth $239,000 after buying an additional 137 shares in the last quarter. Texas Permanent School Fund Corp grew its position in shares of U.S. Physical Therapy by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 13,116 shares of the company’s stock worth $1,480,000 after purchasing an additional 170 shares in the last quarter. First Horizon Advisors Inc. raised its stake in U.S. Physical Therapy by 18.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,188 shares of the company’s stock valued at $110,000 after purchasing an additional 186 shares during the period. Louisiana State Employees Retirement System lifted its holdings in U.S. Physical Therapy by 2.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 7,600 shares of the company’s stock worth $702,000 after purchasing an additional 200 shares in the last quarter. Finally, Martin Capital Advisors LLP grew its holdings in U.S. Physical Therapy by 1.6% during the 3rd quarter. Martin Capital Advisors LLP now owns 13,138 shares of the company’s stock valued at $1,112,000 after buying an additional 201 shares in the last quarter.

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.