300 Shares in U.S. Physical Therapy, Inc. (NYSE:USPH) Purchased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board acquired a new position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 300 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of U.S. Physical Therapy by 1.0% in the first 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 during the period. Southernsun Asset Management LLC lifted its stake in U.S. Physical Therapy by 5.9% in the 4th quarter. Southernsun Asset Management LLC now owns 479,214 shares of the company’s stock worth $44,634,000 after acquiring an additional 26,758 shares in the last quarter. Schroder Investment Management Group boosted its position in U.S. Physical Therapy by 11.0% during the 4th quarter. Schroder Investment Management Group now owns 427,217 shares of the company’s stock worth $39,791,000 after acquiring an additional 42,281 shares during the period. Dimensional Fund Advisors LP grew its stake in U.S. Physical Therapy by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 423,846 shares of the company’s stock valued at $39,173,000 after acquiring an additional 10,462 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of U.S. Physical Therapy by 4.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 239,982 shares of the company’s stock valued at $22,179,000 after purchasing an additional 9,434 shares during the period.

Insider Buying and Selling

In other U.S. Physical Therapy news, COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $82.50, for a total transaction of $142,230.00. Following the transaction, the chief operating officer now directly owns 7,038 shares in the company, valued at $580,635. The transaction was disclosed in a filing with the SEC, which is available through this link. In other U.S. Physical Therapy news, COO Graham D. Reeve sold 1,724 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $82.50, for a total transaction of $142,230.00. Following the completion of the sale, the chief operating officer now owns 7,038 shares of the company’s stock, valued at $580,635. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kathleen A. Gilmartin purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was purchased at an average cost of $86.09 per share, for a total transaction of $172,180.00. Following the transaction, the director now owns 18,904 shares of the company’s stock, valued at $1,627,445.36. The disclosure for this purchase can be found here. 1.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

USPH has been the subject of several research reports. StockNews.com upgraded shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, August 21st. Barrington Research reissued an “outperform” rating and set a $108.00 target price on shares of U.S. Physical Therapy in a research note on Friday, September 20th.

U.S. Physical Therapy Stock Performance

Shares of USPH stock opened at $84.63 on Tuesday. U.S. Physical Therapy, Inc. has a fifty-two week low of $78.08 and a fifty-two week high of $113.63. The stock’s 50-day moving average is $87.16 and its two-hundred day moving average is $96.04. 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 firm has a market cap of $1.28 billion, a P/E ratio of 68.80, a PEG ratio of 4.13 and a beta of 1.39.

U.S. Physical Therapy (NYSE:USPH) last released 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). The firm had revenue of $167.19 million during the quarter, compared to analyst estimates of $163.34 million. U.S. Physical Therapy had a return on equity of 8.18% and a net margin of 4.06%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 EPS. Analysts predict 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 23rd were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Friday, August 23rd. U.S. Physical Therapy’s payout ratio is presently 143.09%.

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.