California State Teachers Retirement System Sells 149 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

California State Teachers Retirement System lessened its holdings in U.S. Physical Therapy, Inc. (NYSE:USPH) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,091 shares of the company’s stock after selling 149 shares during the period. California State Teachers Retirement System owned about 0.09% of U.S. Physical Therapy worth $1,250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CBIZ Investment Advisory Services LLC boosted its stake in shares of U.S. Physical Therapy by 59.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company’s stock valued at $29,000 after purchasing an additional 122 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in U.S. Physical Therapy in the fourth quarter valued at approximately $39,000. Venturi Wealth Management LLC lifted its stake in U.S. Physical Therapy by 3,200.0% in the fourth quarter. Venturi Wealth Management LLC now owns 726 shares of the company’s stock valued at $64,000 after buying an additional 704 shares during the period. Lazard Asset Management LLC acquired a new position in U.S. Physical Therapy in the fourth quarter valued at approximately $84,000. Finally, Aquatic Capital Management LLC increased its holdings in shares of U.S. Physical Therapy by 18.0% during the fourth quarter. Aquatic Capital Management LLC now owns 1,298 shares of the company’s stock valued at $115,000 after acquiring an additional 198 shares in the last quarter.

U.S. Physical Therapy Stock Performance

Shares of USPH opened at $78.57 on Tuesday. The stock’s 50-day simple moving average is $72.41 and its 200 day simple moving average is $81.86. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 83.59, a price-to-earnings-growth ratio of 3.54 and a beta of 1.45. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.78 and a current ratio of 1.78. U.S. Physical Therapy, Inc. has a 52-week low of $62.77 and a 52-week high of $101.20.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Wednesday, May 7th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $183.79 million for the quarter, compared to analyst estimates of $176.78 million. U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.51 EPS. Research analysts forecast that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.45 per share. The ex-dividend date is Friday, May 23rd. This represents a $1.80 annualized dividend and a dividend yield of 2.29%. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 82.57%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Barrington Research decreased their price objective on U.S. Physical Therapy from $108.00 to $98.00 and set an “outperform” rating for the company in a report on Friday, February 28th. Wall Street Zen upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research note on Thursday, May 8th. JMP Securities reaffirmed a “market outperform” rating and set a $113.00 price target on shares of U.S. Physical Therapy in a research report on Tuesday, April 22nd. William Blair reaffirmed a “market perform” rating on shares of U.S. Physical Therapy in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. dropped 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. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $109.00.

U.S. Physical Therapy 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.