Chatham Capital Group Inc. lifted its stake in shares of U.S. Physical Therapy, Inc. (NYSE:USPH – Get Rating) by 1.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,067 shares of the company’s stock after purchasing an additional 166 shares during the period. Chatham Capital Group Inc. owned about 0.09% of U.S. Physical Therapy worth $1,200,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of USPH. Sageworth Trust Co of South Dakota bought a new position in shares of U.S. Physical Therapy during the fourth quarter worth about $55,000. Everence Capital Management Inc. bought a new position in shares of U.S. Physical Therapy during the first quarter worth about $207,000. Cim LLC lifted its position in shares of U.S. Physical Therapy by 11.5% during the fourth quarter. Cim LLC now owns 2,248 shares of the company’s stock worth $210,000 after purchasing an additional 232 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of U.S. Physical Therapy by 20.8% during the fourth quarter. Teacher Retirement System of Texas now owns 2,516 shares of the company’s stock worth $240,000 after purchasing an additional 434 shares during the last quarter. Finally, ProShare Advisors LLC lifted its position in shares of U.S. Physical Therapy by 62.2% during the fourth quarter. ProShare Advisors LLC now owns 3,198 shares of the company’s stock worth $306,000 after purchasing an additional 1,226 shares during the last quarter. 99.13% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE:USPH opened at $109.20 on Friday. The firm’s 50 day moving average is $107.14 and its two-hundred day moving average is $100.44. U.S. Physical Therapy, Inc. has a 52 week low of $84.43 and a 52 week high of $123.38. The firm has a market capitalization of $1.42 billion, a P/E ratio of 37.92 and a beta of 1.22. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.40.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 14th. Stockholders of record on Monday, May 16th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Friday, May 13th. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 56.94%.
Separately, StockNews.com initiated coverage on shares of U.S. Physical Therapy in a research note on Thursday, March 31st. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $121.50.
U.S. Physical Therapy Profile (Get Rating)
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.
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