Swiss National Bank Purchases 600 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

Swiss National Bank lifted its position in U.S. Physical Therapy, Inc. (NYSE:USPH – Get Rating) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,400 shares of the company’s stock after acquiring an additional 600 shares during the quarter. Swiss National Bank owned approximately 0.24% of U.S. Physical Therapy worth $2,544,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its position in U.S. Physical Therapy by 10.4% during the fourth quarter. Russell Investments Group Ltd. now owns 34,381 shares of the company’s stock valued at $2,786,000 after buying an additional 3,239 shares during the period. Arizona State Retirement System grew its position in U.S. Physical Therapy by 3.9% during the fourth quarter. Arizona State Retirement System now owns 3,669 shares of the company’s stock valued at $297,000 after buying an additional 139 shares during the period. Precision Wealth Strategies LLC grew its position in U.S. Physical Therapy by 8.7% during the fourth quarter. Precision Wealth Strategies LLC now owns 3,252 shares of the company’s stock valued at $264,000 after buying an additional 259 shares during the period. Envestnet Asset Management Inc. grew its position in U.S. Physical Therapy by 4.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 88,538 shares of the company’s stock valued at $7,174,000 after buying an additional 3,784 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in U.S. Physical Therapy by 28.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 41,222 shares of the company’s stock valued at $3,340,000 after buying an additional 9,182 shares during the period. Institutional investors own 98.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on USPH shares. StockNews.com started coverage on shares of U.S. Physical Therapy in a research report on Thursday, May 18th. They set a “hold” rating for the company. TheStreet upgraded shares of U.S. Physical Therapy from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. Finally, Barrington Research increased their target price on shares of U.S. Physical Therapy from $110.00 to $116.00 in a research report on Friday, May 5th.

U.S. Physical Therapy Price Performance

Shares of NYSE:USPH opened at $96.51 on Thursday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $1.26 billion, a PE ratio of 44.68, a P/E/G ratio of 4.18 and a beta of 1.35. U.S. Physical Therapy, Inc. has a twelve month low of $73.30 and a twelve month high of $131.50. The company has a 50-day moving average price of $103.49 and a two-hundred day moving average price of $95.24.

U.S. Physical Therapy (NYSE:USPH – Get Rating) last issued its earnings results on Wednesday, May 3rd. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.07. U.S. Physical Therapy had a net margin of 5.40% and a return on equity of 10.93%. The firm had revenue of $148.51 million during the quarter, compared to analyst estimates of $140.77 million. During the same quarter last year, the business earned $0.65 earnings per share. The company’s quarterly revenue was up 12.8% on a year-over-year basis. Equities analysts forecast that U.S. Physical Therapy, Inc. will post 2.63 EPS for the current year.

U.S. Physical Therapy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 9th. Stockholders of record on Thursday, May 18th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Wednesday, May 17th. U.S. Physical Therapy’s payout ratio is 79.63%.

Insider Transactions at U.S. Physical Therapy

In other news, CFO Carey P. Hendrickson sold 471 shares of the stock in a transaction dated Monday, March 13th. The shares were sold at an average price of $95.80, for a total value of $45,121.80. Following the sale, the chief financial officer now directly owns 14,886 shares of the company’s stock, valued at $1,426,078.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, EVP Richard Binstein sold 911 shares of the firm’s stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of $100.78, for a total value of $91,810.58. Following the sale, the executive vice president now directly owns 9,906 shares of the company’s stock, valued at $998,326.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Carey P. Hendrickson sold 471 shares of the firm’s stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $95.80, for a total transaction of $45,121.80. Following the completion of the sale, the chief financial officer now directly owns 14,886 shares in the company, valued at $1,426,078.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,814 shares of company stock valued at $484,853. 1.80% of the stock is currently owned by corporate insiders.

U.S. Physical Therapy Company Profile

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U.S. Physical Therapy, Inc operates outpatient physical therapy clinics, which 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. It operates through the following segments: physical therapy operations and industrial injury prevention services.