U.S. Physical Therapy, Inc. (NYSE:USPH) Given Consensus Rating of “Buy” by Analysts

Shares of U.S. Physical Therapy, Inc. (NYSE:USPH) have been assigned an average recommendation of “Buy” from the five ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $114.00.

A number of brokerages have commented on USPH. Bank of America upgraded shares of U.S. Physical Therapy from a “neutral” rating to a “buy” rating and increased their price target for the company from $100.00 to $115.00 in a research report on Monday, December 16th. JMP Securities started coverage on shares of U.S. Physical Therapy in a report on Monday, December 16th. They issued an “outperform” rating and a $113.00 target price on the stock. Citizens Jmp upgraded shares of U.S. Physical Therapy to a “strong-buy” rating in a report on Monday, December 16th. Barrington Research restated an “outperform” rating and issued a $108.00 target price on shares of U.S. Physical Therapy in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of U.S. Physical Therapy from $117.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, December 3rd.

U.S. Physical Therapy Stock Down 2.5 %

Shares of NYSE USPH opened at $85.12 on Thursday. U.S. Physical Therapy has a one year low of $76.18 and a one year high of $113.63. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.78. The firm’s 50 day simple moving average is $90.29 and its two-hundred day simple moving average is $88.17. The stock has a market capitalization of $1.29 billion, a P/E ratio of 90.55, a PEG ratio of 3.61 and a beta of 1.48.

Insider Buying and Selling

In related news, CFO Carey P. Hendrickson sold 516 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $96.25, for a total value of $49,665.00. Following the completion of the sale, the chief financial officer now owns 20,469 shares of the company’s stock, valued at $1,970,141.25. This trade represents a 2.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.70% of the stock is currently owned by insiders.

Institutional Trading of U.S. Physical Therapy

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CBIZ Investment Advisory Services LLC lifted its stake in U.S. Physical Therapy by 59.8% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company’s stock worth $29,000 after acquiring an additional 122 shares during the period. Venturi Wealth Management LLC lifted its stake 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 acquiring an additional 704 shares during the period. KBC Group NV lifted its position in U.S. Physical Therapy by 68.6% during the third quarter. KBC Group NV now owns 774 shares of the company’s stock valued at $66,000 after buying an additional 315 shares during the period. Pacer Advisors Inc. purchased a new position in U.S. Physical Therapy during the fourth quarter valued at $113,000. Finally, First Horizon Advisors Inc. lifted its position in U.S. Physical Therapy by 25.1% during the third quarter. First Horizon Advisors Inc. now owns 1,486 shares of the company’s stock valued at $126,000 after buying an additional 298 shares during the period.

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.