Dimensional Fund Advisors LP Has $29.40 Million Holdings in U.S. Physical Therapy, Inc. (USPH)

Dimensional Fund Advisors LP lifted its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 0.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 486,775 shares of the company’s stock after purchasing an additional 3,853 shares during the quarter. Dimensional Fund Advisors LP owned about 3.87% of U.S. Physical Therapy worth $29,401,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of USPH. BlackRock Inc. boosted its holdings in shares of U.S. Physical Therapy by 166,319.0% during the first quarter. BlackRock Inc. now owns 1,554,353 shares of the company’s stock worth $101,501,000 after purchasing an additional 1,553,419 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its holdings in U.S. Physical Therapy by 13.4% in the second quarter. Aberdeen Asset Management PLC UK now owns 705,007 shares of the company’s stock valued at $42,582,000 after acquiring an additional 83,253 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in U.S. Physical Therapy by 10.4% in the second quarter. Renaissance Technologies LLC now owns 668,074 shares of the company’s stock valued at $40,352,000 after acquiring an additional 63,074 shares during the last quarter. Vanguard Group Inc. boosted its holdings in U.S. Physical Therapy by 6.5% in the first quarter. Vanguard Group Inc. now owns 641,533 shares of the company’s stock valued at $41,892,000 after acquiring an additional 39,290 shares during the last quarter. Finally, Bridge City Capital LLC acquired a new position in U.S. Physical Therapy in the second quarter valued at $1,760,000. Institutional investors and hedge funds own 94.56% of the company’s stock.

In other U.S. Physical Therapy news, COO Glenn Mcdowell sold 1,004 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $57.01, for a total transaction of $57,238.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Lawrance W. Mcafee sold 3,000 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $62.04, for a total transaction of $186,120.00. The disclosure for this sale can be found here. Insiders sold 13,266 shares of company stock valued at $801,134 over the last quarter. 3.10% of the stock is currently owned by corporate insiders.

A number of research analysts recently weighed in on the company. BidaskClub upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Zacks Investment Research cut U.S. Physical Therapy from a “buy” rating to a “hold” rating in a report on Saturday, August 19th. Cantor Fitzgerald reiterated a “buy” rating and issued a $72.00 target price on shares of U.S. Physical Therapy in a report on Tuesday, September 26th. Jefferies Group LLC set a $65.00 target price on U.S. Physical Therapy and gave the company a “hold” rating in a report on Friday, August 4th. Finally, Sidoti upgraded U.S. Physical Therapy from a “neutral” rating to a “buy” rating and lifted their target price for the company from $62.00 to $74.00 in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $69.00.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.01). The business had revenue of $104.25 million during the quarter, compared to the consensus estimate of $102.93 million. U.S. Physical Therapy had a return on equity of 12.91% and a net margin of 5.65%.

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U.S. Physical Therapy Profile

U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries.

Institutional Ownership by Quarter for U.S. Physical Therapy (NYSE:USPH)

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