U.S. Physical Therapy (NYSE:USPH) Director Peter Francis Minan Purchases 492 Shares

U.S. Physical Therapy, Inc. (NYSE:USPHGet Free Report) Director Peter Francis Minan bought 492 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were acquired at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the transaction, the director owned 2,923 shares in the company, valued at $184,558.22. This represents a 20.24% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Peter Francis Minan also recently made the following trade(s):

  • On Tuesday, June 9th, Peter Francis Minan bought 288 shares of U.S. Physical Therapy stock. The shares were acquired at an average price of $61.50 per share, for a total transaction of $17,712.00.

U.S. Physical Therapy Price Performance

Shares of U.S. Physical Therapy stock opened at $62.92 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 1.19. The firm’s 50-day simple moving average is $68.57 and its 200-day simple moving average is $76.38. U.S. Physical Therapy, Inc. has a twelve month low of $58.19 and a twelve month high of $93.50. The firm has a market cap of $957.56 million, a P/E ratio of 125.84, a price-to-earnings-growth ratio of 1.71 and a beta of 1.16.

U.S. Physical Therapy (NYSE:USPHGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.09). The business had revenue of $198.29 million for the quarter, compared to analyst estimates of $200.94 million. U.S. Physical Therapy had a net margin of 4.36% and a return on equity of 8.81%. U.S. Physical Therapy’s revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.48 earnings per share. As a group, research analysts expect that U.S. Physical Therapy, Inc. will post 2.99 EPS for the current fiscal year.

U.S. Physical Therapy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be given a $0.46 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.84 dividend on an annualized basis and a yield of 2.9%. U.S. Physical Therapy’s payout ratio is 368.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Jefferies Financial Group upgraded shares of U.S. Physical Therapy to a “strong-buy” rating in a research report on Thursday, March 12th. Citigroup reissued an “outperform” rating on shares of U.S. Physical Therapy in a research note on Friday, May 8th. Zacks Research raised shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Barrington Research lowered their price objective on shares of U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Finally, Citizens Jmp lowered their price objective on shares of U.S. Physical Therapy from $113.00 to $98.00 and set a “market outperform” rating for the company in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, U.S. Physical Therapy presently has an average rating of “Moderate Buy” and a consensus price target of $97.50.

Get Our Latest Report on USPH

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in USPH. Royal Bank of Canada boosted its holdings in shares of U.S. Physical Therapy by 3.4% in the first quarter. Royal Bank of Canada now owns 79,238 shares of the company’s stock valued at $5,733,000 after buying an additional 2,594 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of U.S. Physical Therapy by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,897 shares of the company’s stock valued at $644,000 after buying an additional 391 shares during the period. Jane Street Group LLC boosted its holdings in shares of U.S. Physical Therapy by 249.3% in the first quarter. Jane Street Group LLC now owns 49,309 shares of the company’s stock valued at $3,568,000 after buying an additional 35,191 shares during the period. Hsbc Holdings PLC acquired a new position in shares of U.S. Physical Therapy in the second quarter valued at approximately $410,000. Finally, First Trust Advisors LP boosted its holdings in shares of U.S. Physical Therapy by 3.7% in the second quarter. First Trust Advisors LP now owns 10,725 shares of the company’s stock valued at $839,000 after buying an additional 385 shares during the period.

U.S. Physical Therapy Company Profile

(Get Free Report)

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.

Recommended Stories

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

Receive News & Ratings for U.S. Physical Therapy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Physical Therapy and related companies with MarketBeat.com's FREE daily email newsletter.