Insider Selling: U.S. Physical Therapy, Inc. (USPH) CEO Sells 19,860 Shares of Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) CEO Christopher J. Reading sold 19,860 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $119.36, for a total value of $2,370,489.60. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of USPH stock traded down $4.89 on Thursday, reaching $115.56. 1,461 shares of the stock were exchanged, compared to its average volume of 108,989. The company has a market cap of $1.53 billion, a P/E ratio of 44.21, a PEG ratio of 3.65 and a beta of 1.15. U.S. Physical Therapy, Inc. has a one year low of $93.00 and a one year high of $129.65. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.39.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.04. U.S. Physical Therapy had a return on equity of 19.09% and a net margin of 5.34%. The business had revenue of $116.23 million during the quarter, compared to the consensus estimate of $114.12 million. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. As a group, equities research analysts anticipate that U.S. Physical Therapy, Inc. will post 2.92 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 17th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.08 annualized dividend and a dividend yield of 0.93%. U.S. Physical Therapy’s dividend payout ratio is currently 40.75%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. TCG Advisors LP acquired a new position in U.S. Physical Therapy during the first quarter valued at approximately $25,000. Resources Investment Advisors Inc. bought a new position in shares of U.S. Physical Therapy during the fourth quarter worth approximately $42,000. Vestor Capital LLC bought a new position in shares of U.S. Physical Therapy during the fourth quarter worth approximately $51,000. Quadrant Capital Group LLC increased its stake in shares of U.S. Physical Therapy by 1,729.4% during the first quarter. Quadrant Capital Group LLC now owns 622 shares of the company’s stock worth $63,000 after purchasing an additional 588 shares during the period. Finally, Cresset Asset Management LLC bought a new position in U.S. Physical Therapy during the 1st quarter worth $76,000. 99.58% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on the company. Zacks Investment Research lowered U.S. Physical Therapy from a “buy” rating to a “hold” rating in a report on Saturday, February 9th. ValuEngine lowered U.S. Physical Therapy from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 6th. William Blair started coverage on U.S. Physical Therapy in a research report on Thursday, March 7th. They set an “outperform” rating and a $106.61 price objective for the company. TheStreet raised U.S. Physical Therapy from a “c+” rating to a “b” rating in a research note on Friday, March 8th. Finally, Barrington Research reissued a “hold” rating on shares of U.S. Physical Therapy in a research note on Friday, May 3rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $111.40.

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About U.S. Physical Therapy

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.

See Also: Cost of Capital

Insider Buying and Selling by Quarter for U.S. Physical Therapy (NYSE:USPH)

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