Eric Joseph Williams Sells 2,000 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH) Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) insider Eric Joseph Williams sold 2,000 shares of U.S. Physical Therapy stock in a transaction on Friday, November 8th. The shares were sold at an average price of $95.84, for a total value of $191,680.00. Following the sale, the insider now directly owns 14,814 shares of the company’s stock, valued at approximately $1,419,773.76. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

U.S. Physical Therapy Trading Down 0.2 %

USPH opened at $91.87 on Thursday. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 97.73, a PEG ratio of 4.16 and a beta of 1.38. The company has a current ratio of 1.78, a quick ratio of 1.88 and a debt-to-equity ratio of 0.27. U.S. Physical Therapy, Inc. has a 12 month low of $76.18 and a 12 month high of $113.63. The stock has a fifty day moving average price of $84.02 and a 200-day moving average price of $91.26.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Tuesday, August 13th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.09). U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The business had revenue of $167.19 million for the quarter, compared to analysts’ expectations of $163.34 million. During the same quarter last year, the firm earned $0.76 earnings per share. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. As a group, equities research analysts anticipate that U.S. Physical Therapy, Inc. will post 2.67 earnings per share for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a dividend of $0.44 per share. The ex-dividend date is Friday, November 15th. This represents a $1.76 annualized dividend and a yield of 1.92%. U.S. Physical Therapy’s dividend payout ratio (DPR) is 187.23%.

Analysts Set New Price Targets

USPH has been the subject of a number of research analyst reports. Bank of America reaffirmed a “neutral” rating and set a $90.00 target price (down from $114.00) on shares of U.S. Physical Therapy in a research report on Monday, October 7th. StockNews.com raised U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 21st. Finally, Barrington Research reissued an “outperform” rating and issued a $108.00 price target on shares of U.S. Physical Therapy in a research report on Thursday, November 7th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in USPH. BNP Paribas Financial Markets grew its stake in U.S. Physical Therapy by 6.8% during the 1st quarter. BNP Paribas Financial Markets now owns 7,837 shares of the company’s stock worth $885,000 after buying an additional 502 shares during the last quarter. Texas Permanent School Fund Corp grew its stake in U.S. Physical Therapy by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 13,116 shares of the company’s stock worth $1,480,000 after buying an additional 170 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in U.S. Physical Therapy during the 1st quarter worth $391,000. SG Americas Securities LLC purchased a new stake in U.S. Physical Therapy during the 1st quarter valued at about $485,000. Finally, Illinois Municipal Retirement Fund grew its stake in U.S. Physical Therapy by 2.7% during the 1st quarter. Illinois Municipal Retirement Fund now owns 8,683 shares of the company’s stock valued at $980,000 after purchasing an additional 230 shares during the last quarter.

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.