U.S. Physical Therapy, Inc. (NYSE:USPH) Stake Cut by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 3.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,509 shares of the company’s stock after selling 493 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of U.S. Physical Therapy worth $1,156,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Conestoga Capital Advisors LLC increased its stake in U.S. Physical Therapy by 1.0% in the 1st quarter. Conestoga Capital Advisors LLC now owns 15,075 shares of the company’s stock valued at $1,702,000 after buying an additional 145 shares during the period. Texas Permanent School Fund Corp increased its stake in shares of U.S. Physical Therapy by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 13,116 shares of the company’s stock worth $1,480,000 after acquiring an additional 170 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of U.S. Physical Therapy by 18.6% during the second quarter. First Horizon Advisors Inc. now owns 1,188 shares of the company’s stock worth $110,000 after acquiring an additional 186 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in U.S. Physical Therapy by 2.7% during the second quarter. Louisiana State Employees Retirement System now owns 7,600 shares of the company’s stock valued at $702,000 after purchasing an additional 200 shares during the last quarter. Finally, ProShare Advisors LLC grew its stake in U.S. Physical Therapy by 7.4% in the first quarter. ProShare Advisors LLC now owns 3,002 shares of the company’s stock valued at $339,000 after purchasing an additional 206 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Barrington Research reaffirmed an “outperform” rating and set a $108.00 price target on shares of U.S. Physical Therapy in a research note on Friday, September 20th. StockNews.com upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, August 21st.

U.S. Physical Therapy Trading Up 0.3 %

U.S. Physical Therapy stock opened at $81.05 on Friday. U.S. Physical Therapy, Inc. has a one year low of $78.08 and a one year high of $113.63. The company’s fifty day moving average price is $85.93 and its two-hundred day moving average price is $95.40. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 65.89, a PEG ratio of 4.03 and a beta of 1.39.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.09). U.S. Physical Therapy had a net margin of 4.06% and a return on equity of 8.18%. The company had revenue of $167.19 million for the quarter, compared to analyst estimates of $163.34 million. During the same period in the prior year, the company posted $0.76 EPS. The business’s revenue was up 10.4% on a year-over-year basis. On average, analysts forecast that U.S. Physical Therapy, Inc. will post 2.51 earnings per share for the current fiscal year.

U.S. Physical Therapy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 23rd were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date was Friday, August 23rd. U.S. Physical Therapy’s payout ratio is 143.09%.

Insider Buying and Selling

In other news, Director Kathleen A. Gilmartin bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were purchased at an average price of $86.09 per share, for a total transaction of $172,180.00. Following the acquisition, the director now directly owns 18,904 shares of the company’s stock, valued at $1,627,445.36. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total value of $142,230.00. Following the sale, the chief operating officer now owns 7,038 shares in the company, valued at approximately $580,635. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kathleen A. Gilmartin bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were bought at an average price of $86.09 per share, with a total value of $172,180.00. Following the completion of the purchase, the director now owns 18,904 shares in the company, valued at approximately $1,627,445.36. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.70% of the stock is owned by insiders.

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.