Punch & Associates Investment Management Inc. lifted its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 0.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,724 shares of the company’s stock after acquiring an additional 139 shares during the quarter. Punch & Associates Investment Management Inc. owned about 0.58% of U.S. Physical Therapy worth $4,393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Pinebridge Investments L.P. lifted its position in U.S. Physical Therapy by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 1,650 shares of the company’s stock worth $100,000 after acquiring an additional 17 shares in the last quarter. Texas Permanent School Fund boosted its holdings in U.S. Physical Therapy by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 9,142 shares of the company’s stock worth $552,000 after acquiring an additional 76 shares during the period. Municipal Employees Retirement System of Michigan boosted its holdings in U.S. Physical Therapy by 3.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,950 shares of the company’s stock worth $178,000 after acquiring an additional 90 shares during the period. Arizona State Retirement System boosted its holdings in U.S. Physical Therapy by 1.6% in the 1st quarter. Arizona State Retirement System now owns 6,500 shares of the company’s stock worth $424,000 after acquiring an additional 100 shares during the period. Finally, Sei Investments Co. boosted its holdings in U.S. Physical Therapy by 9.0% in the 1st quarter. Sei Investments Co. now owns 1,954 shares of the company’s stock worth $128,000 after acquiring an additional 162 shares during the period. Institutional investors and hedge funds own 94.95% of the company’s stock.

Shares of U.S. Physical Therapy, Inc. (USPH) traded down 1.42% on Wednesday, reaching $62.40. The company had a trading volume of 3,759 shares. U.S. Physical Therapy, Inc. has a 52-week low of $51.96 and a 52-week high of $78.00. The company has a 50-day moving average price of $59.50 and a 200-day moving average price of $62.58. The firm has a market capitalization of $785.05 million, a PE ratio of 39.49 and a beta of 1.06.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.01). The firm had revenue of $104.25 million for the quarter, compared to the consensus estimate of $102.93 million. U.S. Physical Therapy had a return on equity of 12.91% and a net margin of 5.65%. Equities research analysts forecast that U.S. Physical Therapy, Inc. will post $2.12 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Monday, August 21st were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, August 17th. U.S. Physical Therapy’s dividend payout ratio is 46.78%.

WARNING: This news story was originally published by Watch List News and is owned by of Watch List News. If you are accessing this news story on another site, it was illegally copied and reposted in violation of US & international copyright and trademark law. The correct version of this news story can be accessed at https://www.watchlistnews.com/punch-associates-investment-management-inc-acquires-139-shares-of-u-s-physical-therapy-inc-usph/1608046.html.

In related news, CFO Lawrance W. Mcafee sold 3,000 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $62.04, for a total transaction of $186,120.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Glenn Mcdowell sold 2,598 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $57.00, for a total transaction of $148,086.00. The disclosure for this sale can be found here. Insiders have sold 13,266 shares of company stock valued at $801,134 over the last 90 days. Corporate insiders own 3.10% of the company’s stock.

A number of analysts have recently issued reports on USPH shares. BidaskClub upgraded shares of U.S. Physical Therapy from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. Cantor Fitzgerald started coverage on shares of U.S. Physical Therapy in a research report on Monday, July 24th. They set an “overweight” rating and a $72.00 target price on the stock. Zacks Investment Research upgraded shares of U.S. Physical Therapy from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research note on Tuesday, August 29th. Jefferies Group LLC set a $65.00 target price on shares of U.S. Physical Therapy and gave the company a “hold” rating in a research note on Friday, August 4th. Finally, Sidoti raised shares of U.S. Physical Therapy from a “neutral” rating to a “buy” rating and raised their price target for the company from $62.00 to $74.00 in a report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $68.60.

U.S. Physical Therapy Company 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.

Want to see what other hedge funds are holding USPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for U.S. Physical Therapy, Inc. (NYSE:USPH).

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

Receive News & Ratings for U.S. Physical Therapy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Physical Therapy Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.