U.S. Physical Therapy, Inc. (NYSE:USPH) Position Increased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board grew its position in U.S. Physical Therapy, Inc. (NYSE:USPH) by 3,666.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,300 shares of the company’s stock after buying an additional 11,000 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.07% of U.S. Physical Therapy worth $1,002,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. CBIZ Investment Advisory Services LLC boosted its stake in U.S. Physical Therapy by 59.8% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company’s stock worth $29,000 after purchasing an additional 122 shares during the period. Venturi Wealth Management LLC boosted its position in shares of 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 worth $64,000 after buying an additional 704 shares during the period. Pacer Advisors Inc. purchased a new position in shares of U.S. Physical Therapy during the fourth quarter valued at $113,000. Mutual of America Capital Management LLC purchased a new position in shares of U.S. Physical Therapy during the fourth quarter valued at $203,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in U.S. Physical Therapy in the 4th quarter worth about $257,000.

Insider Buying and Selling at U.S. Physical Therapy

In other news, COO Graham D. Reeve sold 1,730 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $82.11, for a total value of $142,050.30. Following the completion of the sale, the chief operating officer now directly owns 7,168 shares of the company’s stock, valued at approximately $588,564.48. This represents a 19.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on USPH shares. Barrington Research lowered their target price on 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. StockNews.com lowered shares of U.S. Physical Therapy from a “hold” rating to a “sell” rating in a research note on Thursday, April 17th. JMP Securities reissued a “market outperform” rating and set a $113.00 target price on shares of U.S. Physical Therapy in a research note on Tuesday. JPMorgan Chase & Co. cut their price objective on U.S. Physical Therapy from $120.00 to $110.00 and set an “overweight” rating for the company in a report on Wednesday, March 19th. Finally, William Blair reaffirmed a “market perform” rating on shares of U.S. Physical Therapy in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $109.00.

U.S. Physical Therapy Trading Up 1.1 %

U.S. Physical Therapy stock opened at $69.52 on Friday. U.S. Physical Therapy, Inc. has a one year low of $62.77 and a one year high of $108.14. The company’s fifty day moving average price is $74.98 and its two-hundred day moving average price is $84.42. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.78. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 73.96, a PEG ratio of 3.54 and a beta of 1.38.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.04). The company had revenue of $180.45 million during the quarter, compared to the consensus estimate of $173.10 million. U.S. Physical Therapy had a net margin of 3.54% and a return on equity of 8.11%. On average, analysts forecast that U.S. Physical Therapy, Inc. will post 2.67 earnings per share for the current fiscal year.

U.S. Physical Therapy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 14th were given a dividend of $0.45 per share. This is a positive change from U.S. Physical Therapy’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.80 dividend on an annualized basis and a yield of 2.59%. U.S. Physical Therapy’s payout ratio is currently 97.83%.

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.