Barrington Research Reaffirms Outperform Rating for U.S. Physical Therapy (NYSE:USPH)

U.S. Physical Therapy (NYSE:USPH)‘s stock had its “outperform” rating reiterated by stock analysts at Barrington Research in a report issued on Thursday,Benzinga reports. They currently have a $108.00 price target on the stock. Barrington Research’s price objective indicates a potential upside of 10.40% from the company’s current price.

USPH has been the subject of several other research reports. StockNews.com upgraded shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 21st. Bank of America reaffirmed a “neutral” rating and issued a $90.00 price target (down previously from $114.00) on shares of U.S. Physical Therapy in a report on Monday, October 7th.

U.S. Physical Therapy Stock Performance

NYSE:USPH opened at $97.83 on Thursday. 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 company has a market cap of $1.48 billion, a price-to-earnings ratio of 104.32, a PEG ratio of 4.10 and a beta of 1.38. U.S. Physical Therapy has a 1 year low of $76.18 and a 1 year high of $113.63. The stock’s 50 day simple moving average is $84.95 and its two-hundred day simple moving average is $90.89.

Insider Activity

In other news, Director Nancy Ham sold 1,172 shares of U.S. Physical Therapy stock in a transaction on Friday, November 8th. The stock was sold at an average price of $96.72, for a total transaction of $113,355.84. Following the completion of the sale, the director now directly owns 1,112 shares in the company, valued at approximately $107,552.64. This trade represents a 51.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathleen A. Gilmartin purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was bought at an average price of $86.09 per share, for a total transaction of $172,180.00. Following the completion of the acquisition, the director now owns 18,904 shares of the company’s stock, valued at approximately $1,627,445.36. The trade was a 11.83 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 6,896 shares of company stock valued at $656,940. 1.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of U.S. Physical Therapy by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 1,072,602 shares of the company’s stock worth $121,065,000 after buying an additional 10,175 shares in the last quarter. State Street Corp grew its holdings in U.S. Physical Therapy by 17.5% during the 3rd quarter. State Street Corp now owns 667,868 shares of the company’s stock worth $56,522,000 after acquiring an additional 99,244 shares in the last quarter. Southernsun Asset Management LLC increased its position in U.S. Physical Therapy by 10.5% during the 3rd quarter. Southernsun Asset Management LLC now owns 547,111 shares of the company’s stock valued at $46,302,000 after purchasing an additional 52,062 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of U.S. Physical Therapy by 2.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 423,846 shares of the company’s stock valued at $39,173,000 after purchasing an additional 10,462 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of U.S. Physical Therapy by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 343,073 shares of the company’s stock worth $29,040,000 after purchasing an additional 4,477 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.