Royce & Associates LP decreased its position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 310,882 shares of the company’s stock after selling 6,943 shares during the quarter. Royce & Associates LP owned approximately 2.47% of U.S. Physical Therapy worth $19,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. King Luther Capital Management Corp boosted its position in shares of U.S. Physical Therapy by 61.3% during the 3rd quarter. King Luther Capital Management Corp now owns 57,695 shares of the company’s stock valued at $3,545,000 after acquiring an additional 21,935 shares during the last quarter. OxFORD Asset Management LLP boosted its position in shares of U.S. Physical Therapy by 491.6% during the 3rd quarter. OxFORD Asset Management LLP now owns 33,231 shares of the company’s stock valued at $2,041,000 after acquiring an additional 27,614 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of U.S. Physical Therapy by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 493,972 shares of the company’s stock valued at $30,355,000 after acquiring an additional 7,197 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of U.S. Physical Therapy by 5.4% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 56,510 shares of the company’s stock valued at $3,473,000 after acquiring an additional 2,873 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of U.S. Physical Therapy by 62.1% during the 3rd quarter. Wells Fargo & Company MN now owns 73,542 shares of the company’s stock valued at $4,519,000 after acquiring an additional 28,170 shares during the last quarter. 99.75% of the stock is currently owned by hedge funds and other institutional investors.

U.S. Physical Therapy, Inc. (NYSE:USPH) traded up $0.15 during midday trading on Monday, reaching $71.20. 58,200 shares of the company’s stock were exchanged, compared to its average volume of 57,215. U.S. Physical Therapy, Inc. has a 52 week low of $56.50 and a 52 week high of $78.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market capitalization of $895.78, a PE ratio of 34.40, a P/E/G ratio of 3.06 and a beta of 1.08.

U.S. Physical Therapy (NYSE:USPH) last posted its earnings results on Thursday, November 2nd. The company reported $0.48 EPS for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.04). U.S. Physical Therapy had a net margin of 5.29% and a return on equity of 13.37%. The company had revenue of $103.03 million during the quarter, compared to analyst estimates of $102.69 million. equities research analysts anticipate that U.S. Physical Therapy, Inc. will post 2.07 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Friday, November 17th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $0.80 dividend on an annualized basis and a yield of 1.12%. U.S. Physical Therapy’s payout ratio is currently 48.19%.

USPH has been the topic of several recent research reports. Zacks Investment Research cut shares of U.S. Physical Therapy from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Sidoti raised shares of U.S. Physical Therapy from a “neutral” rating to a “buy” rating and upped their target price for the company from $62.00 to $74.00 in a research report on Friday, September 8th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $72.00 target price on shares of U.S. Physical Therapy in a research report on Tuesday, September 26th. BidaskClub raised shares of U.S. Physical Therapy from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th. Finally, Barrington Research cut shares of U.S. Physical Therapy from an “outperform” rating to a “market perform” rating in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $69.00.

In other U.S. Physical Therapy news, CFO Lawrance W. Mcafee sold 800 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $69.21, for a total transaction of $55,368.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Christopher J. Reading sold 15,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $66.52, for a total transaction of $997,800.00. The disclosure for this sale can be found here. Insiders sold 23,000 shares of company stock worth $1,535,652 in the last ninety days. 3.10% of the stock is currently owned by corporate insiders.

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U.S. Physical Therapy 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.

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

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