Jane Street Group LLC lessened its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH – Free Report) by 45.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,118 shares of the company’s stock after selling 11,800 shares during the quarter. Jane Street Group LLC owned approximately 0.09% of U.S. Physical Therapy worth $1,252,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of USPH. Vanguard Group Inc. grew its position in shares of U.S. Physical Therapy by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 1,084,197 shares of the company’s stock valued at $96,179,000 after purchasing an additional 6,393 shares during the last quarter. Copeland Capital Management LLC grew its position in shares of U.S. Physical Therapy by 9.5% in the fourth quarter. Copeland Capital Management LLC now owns 839,356 shares of the company’s stock valued at $74,459,000 after purchasing an additional 72,715 shares during the last quarter. Southernsun Asset Management LLC grew its position in shares of U.S. Physical Therapy by 4.5% in the fourth quarter. Southernsun Asset Management LLC now owns 571,809 shares of the company’s stock valued at $50,725,000 after purchasing an additional 24,698 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of U.S. Physical Therapy by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 426,298 shares of the company’s stock valued at $37,818,000 after acquiring an additional 7,890 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of U.S. Physical Therapy by 20.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 299,791 shares of the company’s stock valued at $26,594,000 after acquiring an additional 50,163 shares in the last quarter.
U.S. Physical Therapy Trading Down 0.5%
Shares of U.S. Physical Therapy stock opened at $79.33 on Wednesday. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 84.39, a PEG ratio of 3.54 and a beta of 1.44. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. U.S. Physical Therapy, Inc. has a 12-month low of $62.77 and a 12-month high of $106.06. The firm’s 50-day moving average price is $71.94 and its two-hundred day moving average price is $83.53.
U.S. Physical Therapy Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 23rd will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Friday, May 23rd. U.S. Physical Therapy’s dividend payout ratio is presently 82.57%.
Insider Buying and Selling at U.S. Physical Therapy
In other news, COO Graham D. Reeve sold 1,730 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $82.11, for a total value of $142,050.30. Following the sale, the chief operating officer now directly owns 7,168 shares in the company, valued at approximately $588,564.48. This trade represents a 19.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.00% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. Barrington Research decreased their price target on shares of U.S. Physical Therapy from $108.00 to $98.00 and set an “outperform” rating on the stock in a research note on Friday, February 28th. JMP Securities restated a “market outperform” rating and issued a $113.00 price target on shares of U.S. Physical Therapy in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. reduced their price target on U.S. Physical Therapy from $120.00 to $110.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 19th. William Blair reissued a “market perform” rating on shares of U.S. Physical Therapy in a research report on Thursday, February 27th. Finally, StockNews.com raised U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Thursday, May 8th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, U.S. Physical Therapy currently has a consensus rating of “Moderate Buy” and an average price target of $109.00.
View Our Latest Analysis on U.S. Physical Therapy
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.
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