9,431 Shares in U.S. Physical Therapy, Inc. $USPH Purchased by Penn Capital Management Company LLC

Penn Capital Management Company LLC acquired a new position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,431 shares of the company’s stock, valued at approximately $648,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. William Blair Investment Management LLC boosted its holdings in shares of U.S. Physical Therapy by 7.2% in the 4th quarter. William Blair Investment Management LLC now owns 370,707 shares of the company’s stock worth $28,949,000 after purchasing an additional 24,848 shares during the period. CenterBook Partners LP raised its holdings in U.S. Physical Therapy by 582.7% during the 4th quarter. CenterBook Partners LP now owns 41,284 shares of the company’s stock valued at $3,224,000 after buying an additional 35,237 shares during the period. Copeland Capital Management LLC raised its holdings in U.S. Physical Therapy by 6.5% during the 1st quarter. Copeland Capital Management LLC now owns 836,831 shares of the company’s stock valued at $62,729,000 after buying an additional 50,717 shares during the period. Bank of America Corp DE lifted its position in U.S. Physical Therapy by 10.9% in the first quarter. Bank of America Corp DE now owns 554,621 shares of the company’s stock worth $41,574,000 after buying an additional 54,656 shares during the last quarter. Finally, Rice Hall James & Associates LLC bought a new stake in U.S. Physical Therapy in the second quarter worth $1,279,000.

Insider Activity

In other news, Director Peter Francis Minan acquired 492 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average price of $63.14 per share, with a total value of $31,064.88. Following the completion of the purchase, the director directly owned 2,923 shares in the company, valued at $184,558.22. This trade represents a 20.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.40% of the company’s stock.

Analyst Ratings Changes

USPH has been the topic of a number of analyst reports. Citizens Jmp reiterated a “market outperform” rating and set a $98.00 price objective on shares of U.S. Physical Therapy in a research report on Wednesday, June 24th. Citigroup reaffirmed a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Wednesday, August 19th. Zacks Research upgraded shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Barrington Research raised their price objective on shares of U.S. Physical Therapy from $90.00 to $98.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Physical Therapy in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, U.S. Physical Therapy currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.50.

U.S. Physical Therapy Trading Down 0.6%

Shares of USPH opened at $78.61 on Friday. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 462.44, a PEG ratio of 2.16 and a beta of 1.13. 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, Inc. has a 1-year low of $58.19 and a 1-year high of $93.50. The company has a 50-day moving average of $74.97 and a 200 day moving average of $73.71.

U.S. Physical Therapy (NYSE:USPH) last issued its earnings results on Thursday, August 6th. The company reported $0.75 EPS 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 return on equity of 9.39% and a net margin of 3.97%.U.S. Physical Therapy’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 earnings per share. On average, research analysts expect that U.S. Physical Therapy, Inc. will post 2.95 EPS for the current year.

U.S. Physical Therapy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a $0.46 dividend. The ex-dividend date is Friday, August 21st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.3%. U.S. Physical Therapy’s payout ratio is presently 1,082.35%.

About U.S. Physical Therapy

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.