Rice Hall James & Associates LLC Sells 198 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

Rice Hall James & Associates LLC trimmed its position in U.S. Physical Therapy, Inc. (NYSE:USPH) by 0.8% during the third quarter, Holdings Channel reports. The firm owned 26,118 shares of the company’s stock after selling 198 shares during the quarter. Rice Hall James & Associates LLC’s holdings in U.S. Physical Therapy were worth $2,210,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of USPH. Vanguard Group Inc. raised its holdings in shares of U.S. Physical Therapy by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 1,062,427 shares of the company’s stock valued at $98,954,000 after purchasing an additional 26,224 shares during the period. Norden Group LLC raised its holdings in shares of U.S. Physical Therapy by 37.5% in the 1st quarter. Norden Group LLC now owns 4,528 shares of the company’s stock valued at $511,000 after purchasing an additional 1,235 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of U.S. Physical Therapy by 6.8% in the 1st quarter. BNP Paribas Financial Markets now owns 7,837 shares of the company’s stock valued at $885,000 after purchasing an additional 502 shares during the period. GSA Capital Partners LLP raised its holdings in shares of U.S. Physical Therapy by 110.3% in the 1st quarter. GSA Capital Partners LLP now owns 7,909 shares of the company’s stock valued at $893,000 after purchasing an additional 4,149 shares during the period. Finally, Texas Permanent School Fund Corp raised its holdings in shares of U.S. Physical Therapy by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 13,116 shares of the company’s stock valued at $1,480,000 after purchasing an additional 170 shares during the period.

Insider Buying and Selling

In other news, Director Kathleen A. Gilmartin purchased 2,000 shares of U.S. Physical Therapy stock in a transaction that occurred on Tuesday, September 3rd. The shares were acquired at an average price of $86.09 per share, for a total transaction of $172,180.00. Following the transaction, the director now owns 18,904 shares of the company’s stock, valued at approximately $1,627,445.36. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, COO Graham D. Reeve sold 1,724 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total transaction of $142,230.00. Following the sale, the chief operating officer now owns 7,038 shares in the company, valued at approximately $580,635. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kathleen A. Gilmartin bought 2,000 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was bought at an average price of $86.09 per share, for a total transaction of $172,180.00. Following the transaction, the director now directly owns 18,904 shares of the company’s stock, valued at approximately $1,627,445.36. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.70% of the stock is currently owned by company insiders.

U.S. Physical Therapy Stock Up 1.5 %

Shares of USPH opened at $81.38 on Friday. U.S. Physical Therapy, Inc. has a 12 month low of $76.18 and a 12 month high of $113.63. The firm’s 50 day moving average is $83.03 and its 200-day moving average is $91.95. The stock has a market capitalization of $1.23 billion, a PE ratio of 76.77, a P/E/G ratio of 3.81 and a beta of 1.38. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.28.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Tuesday, August 13th. The company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.09). U.S. Physical Therapy had a return on equity of 8.18% and a net margin of 4.06%. The business had revenue of $167.19 million for the quarter, compared to the consensus estimate of $163.34 million. During the same period in the prior year, the business posted $0.76 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. Equities research analysts forecast that U.S. Physical Therapy, Inc. will post 2.58 EPS for the current year.

U.S. Physical Therapy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 23rd were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $1.76 annualized dividend and a dividend yield of 2.16%. U.S. Physical Therapy’s dividend payout ratio is presently 166.04%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on USPH. Bank of America reissued a “neutral” rating and issued a $90.00 price target (down from $114.00) on shares of U.S. Physical Therapy in a report on Monday, October 7th. StockNews.com raised shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, August 21st. Finally, Barrington Research reissued an “outperform” rating and issued a $108.00 price target on shares of U.S. Physical Therapy in a report on Wednesday, October 9th.

U.S. Physical Therapy 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.