Brokerages Set U.S. Physical Therapy, Inc. (NYSE:USPH) PT at $109.00

Shares of U.S. Physical Therapy, Inc. (NYSE:USPH) have received an average rating of “Buy” from the six analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $109.00.

Several analysts recently commented on USPH shares. JMP Securities restated a “market outperform” rating and set a $113.00 price target on shares of U.S. Physical Therapy in a report on Tuesday, April 22nd. Wall Street Zen raised shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. dropped their price target on shares of U.S. Physical Therapy from $120.00 to $110.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 19th. Barrington Research cut their price objective on U.S. Physical Therapy from $108.00 to $98.00 and set an “outperform” rating for the company in a report on Friday, February 28th. Finally, William Blair reissued a “market perform” rating on shares of U.S. Physical Therapy in a research report on Thursday, February 27th.

Insider Transactions at U.S. Physical Therapy

In other U.S. Physical Therapy news, Director Nancy Ham sold 400 shares of the business’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $78.01, for a total value of $31,204.00. Following the completion of the sale, the director now owns 2,594 shares of the company’s stock, valued at $202,357.94. The trade was a 13.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. CBIZ Investment Advisory Services LLC increased its holdings in shares of U.S. Physical Therapy by 59.8% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company’s stock worth $29,000 after purchasing an additional 122 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of U.S. Physical Therapy by 952.4% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 442 shares of the company’s stock valued at $32,000 after purchasing an additional 400 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of U.S. Physical Therapy in the fourth quarter valued at $39,000. Venturi Wealth Management LLC lifted its position in U.S. Physical Therapy by 3,200.0% in the fourth quarter. Venturi Wealth Management LLC now owns 726 shares of the company’s stock worth $64,000 after purchasing an additional 704 shares during the period. Finally, Fifth Third Bancorp boosted its stake in U.S. Physical Therapy by 34.6% during the first quarter. Fifth Third Bancorp now owns 1,030 shares of the company’s stock worth $75,000 after buying an additional 265 shares in the last quarter.

U.S. Physical Therapy Stock Down 1.4%

Shares of NYSE:USPH opened at $77.08 on Wednesday. The firm has a 50 day simple moving average of $73.34 and a 200 day simple moving average of $81.31. U.S. Physical Therapy has a 52 week low of $62.77 and a 52 week high of $101.20. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.78 and a current ratio of 1.78. The company has a market cap of $1.17 billion, a PE ratio of 82.00, a price-to-earnings-growth ratio of 3.54 and a beta of 1.45.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Wednesday, May 7th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. The company had revenue of $183.79 million for the quarter, compared to the consensus estimate of $176.78 million. U.S. Physical Therapy had a net margin of 3.54% and a return on equity of 8.11%. The company’s revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. As a group, research analysts expect that U.S. Physical Therapy will post 2.67 earnings per share for the current year.

U.S. Physical Therapy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 23rd were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Friday, May 23rd. U.S. Physical Therapy’s dividend payout ratio is 82.57%.

U.S. Physical Therapy Company 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.