Key Points
- Richard Binstein, EVP, sold 3,000 shares on March 6 at an average price of $81.64 for a total of $244,920, cutting his position by 10.77% to 24,867 shares.
- U.S. Physical Therapy reported EPS of $0.67 (in line with estimates) and revenue of $202.73 million, beating expectations and marking a 12.3% year‑over‑year revenue increase.
- The company raised its quarterly dividend to $0.46 (from $0.45), an annualized $1.84 or ~2.3% yield, though the payout ratio stands at a high 126.76%.
U.S. Physical Therapy, Inc. (NYSE:USPH - Get Free Report) EVP Richard Binstein sold 3,000 shares of the business's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $81.64, for a total transaction of $244,920.00. Following the completion of the transaction, the executive vice president owned 24,867 shares of the company's stock, valued at approximately $2,030,141.88. This trade represents a 10.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
U.S. Physical Therapy Stock Down 0.5%
Shares of NYSE USPH opened at $80.72 on Tuesday. The stock has a market cap of $1.22 billion, a P/E ratio of 56.84, a PEG ratio of 2.03 and a beta of 1.30. The business's fifty day simple moving average is $83.83 and its 200-day simple moving average is $82.34. U.S. Physical Therapy, Inc. has a 12-month low of $62.77 and a 12-month high of $93.50. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.32.
U.S. Physical Therapy (NYSE:USPH - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. The firm had revenue of $202.73 million during the quarter, compared to analysts' expectations of $200.10 million. U.S. Physical Therapy had a return on equity of 8.75% and a net margin of 5.07%.U.S. Physical Therapy's revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 EPS. As a group, equities analysts predict that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current fiscal year.
U.S. Physical Therapy Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 13th will be paid a dividend of $0.46 per share. The ex-dividend date is Friday, March 13th. This is a positive change from U.S. Physical Therapy's previous quarterly dividend of $0.45. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.3%. U.S. Physical Therapy's payout ratio is currently 126.76%.
Analysts Set New Price Targets
A number of research analysts recently issued reports on USPH shares. Citigroup reiterated a "market outperform" rating on shares of U.S. Physical Therapy in a research note on Monday, December 15th. Barrington Research restated an "outperform" rating and issued a $103.00 price objective on shares of U.S. Physical Therapy in a report on Friday, February 20th. JPMorgan Chase & Co. decreased their price objective on shares of U.S. Physical Therapy from $110.00 to $100.00 and set an "overweight" rating for the company in a research report on Monday, November 24th. Jefferies Financial Group set a $102.00 target price on shares of U.S. Physical Therapy in a research note on Monday. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of U.S. Physical Therapy in a report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $104.50.
Read Our Latest Research Report on USPH
Institutional Trading of U.S. Physical Therapy
Several institutional investors and hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its position in shares of U.S. Physical Therapy by 56.4% in the 4th quarter. Hantz Financial Services Inc. now owns 366 shares of the company's stock valued at $29,000 after purchasing an additional 132 shares during the period. Advisory Services Network LLC acquired a new position in U.S. Physical Therapy during the third quarter worth approximately $39,000. EverSource Wealth Advisors LLC lifted its stake in U.S. Physical Therapy by 68.8% in the third quarter. EverSource Wealth Advisors LLC now owns 471 shares of the company's stock valued at $40,000 after buying an additional 192 shares during the last quarter. GAMMA Investing LLC lifted its stake in U.S. Physical Therapy by 207.1% in the fourth quarter. GAMMA Investing LLC now owns 516 shares of the company's stock valued at $40,000 after buying an additional 348 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of U.S. Physical Therapy by 35.7% in the second quarter. Assetmark Inc. now owns 570 shares of the company's stock valued at $45,000 after acquiring an additional 150 shares during the period.
U.S. Physical Therapy Company Profile
(
Get Free Report)
U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.
In addition to traditional rehabilitation services, U.S.
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