U.S. Physical Therapy, Inc. (NYSE:USPH) Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,351 shares of the company’s stock after acquiring an additional 292 shares during the period. Illinois Municipal Retirement Fund owned approximately 0.06% of U.S. Physical Therapy worth $741,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Venturi Wealth Management LLC raised its stake in shares of U.S. Physical Therapy by 3,200.0% during the fourth quarter. Venturi Wealth Management LLC now owns 726 shares of the company’s stock valued at $64,000 after purchasing an additional 704 shares in the last quarter. KBC Group NV increased its stake in U.S. Physical Therapy by 68.6% during the 3rd 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. bought a new stake in shares of U.S. Physical Therapy during the 4th quarter worth about $113,000. First Horizon Advisors Inc. lifted its stake in shares of U.S. Physical Therapy by 25.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,486 shares of the company’s stock worth $126,000 after acquiring an additional 298 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in shares of U.S. Physical Therapy by 8,414.8% in the third quarter. International Assets Investment Management LLC now owns 2,299 shares of the company’s stock valued at $195,000 after acquiring an additional 2,272 shares in the last quarter.

Insider Buying and Selling at U.S. Physical Therapy

In other news, CFO Carey P. Hendrickson sold 516 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $96.25, for a total value of $49,665.00. Following the transaction, the chief financial officer now owns 20,469 shares in the company, valued at $1,970,141.25. This represents a 2.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.70% of the company’s stock.

Analyst Ratings Changes

USPH has been the topic of several recent analyst reports. Bank of America raised U.S. Physical Therapy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $100.00 to $115.00 in a report on Monday, December 16th. Barrington Research dropped their price objective on U.S. Physical Therapy from $108.00 to $98.00 and set an “outperform” rating on the stock in a research note on Friday. StockNews.com cut U.S. Physical Therapy from a “hold” rating to a “sell” rating in a research note on Friday. Citizens Jmp upgraded shares of U.S. Physical Therapy to a “strong-buy” rating in a research report on Monday, December 16th. Finally, William Blair restated a “market perform” rating on shares of U.S. Physical Therapy in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, U.S. Physical Therapy currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.50.

U.S. Physical Therapy Trading Down 2.1 %

NYSE:USPH opened at $79.31 on Tuesday. The stock has a fifty day simple moving average of $88.20 and a 200 day simple moving average of $87.65. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 84.37, a price-to-earnings-growth ratio of 3.54 and a beta of 1.48. U.S. Physical Therapy, Inc. has a 1-year low of $76.18 and a 1-year high of $113.63. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.27.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Wednesday, February 26th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.04). U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The firm had revenue of $180.45 million during the quarter, compared to analyst estimates of $173.10 million. Sell-side analysts forecast that U.S. Physical Therapy, Inc. will post 2.67 earnings per share for the current year.

U.S. Physical Therapy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 14th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.27%. This is a boost from U.S. Physical Therapy’s previous quarterly dividend of $0.44. The ex-dividend date is Friday, March 14th. U.S. Physical Therapy’s payout ratio is presently 95.65%.

About U.S. Physical Therapy

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.