MQS Management LLC Sells 1,138 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

MQS Management LLC cut its holdings in U.S. Physical Therapy, Inc. (NYSE:USPH) by 19.6% during the third quarter, HoldingsChannel reports. The firm owned 4,678 shares of the company’s stock after selling 1,138 shares during the period. MQS Management LLC’s holdings in U.S. Physical Therapy were worth $396,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in USPH. Canada Pension Plan Investment Board bought a new position in U.S. Physical Therapy in the second quarter worth $28,000. Innealta Capital LLC bought a new position in U.S. Physical Therapy during the second quarter worth about $30,000. Quest Partners LLC boosted its holdings in U.S. Physical Therapy by 2,808.3% during the second quarter. Quest Partners LLC now owns 349 shares of the company’s stock valued at $32,000 after purchasing an additional 337 shares in the last quarter. Quarry LP grew its stake in shares of U.S. Physical Therapy by 1,291.9% in the 2nd quarter. Quarry LP now owns 515 shares of the company’s stock valued at $48,000 after purchasing an additional 478 shares during the period. Finally, Ridgewood Investments LLC acquired a new position in shares of U.S. Physical Therapy in the 2nd quarter worth approximately $51,000.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on USPH shares. Barrington Research reiterated an “outperform” rating and issued a $108.00 price target on shares of U.S. Physical Therapy in a research report on Thursday, November 7th. Bank of America reaffirmed a “neutral” rating and issued a $90.00 target price (down previously from $114.00) on shares of U.S. Physical Therapy in a report on Monday, October 7th. Finally, StockNews.com upgraded shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 21st.

Insider Activity at U.S. Physical Therapy

In other U.S. Physical Therapy news, Director Bernard A. Harris, Jr. sold 2,000 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $92.95, for a total value of $185,900.00. Following the transaction, the director now directly owns 16,726 shares in the company, valued at approximately $1,554,681.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other U.S. Physical Therapy news, COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total value of $142,230.00. Following the transaction, the chief operating officer now directly owns 7,038 shares of the company’s stock, valued at approximately $580,635. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bernard A. Harris, Jr. sold 2,000 shares of U.S. Physical Therapy stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $92.95, for a total transaction of $185,900.00. Following the sale, the director now directly owns 16,726 shares of the company’s stock, valued at $1,554,681.70. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,620 shares of company stock valued at $799,170 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

U.S. Physical Therapy Trading Down 0.2 %

USPH stock opened at $91.87 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.88. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 97.73, a P/E/G ratio of 4.16 and a beta of 1.38. The business has a fifty day moving average price of $84.02 and a 200 day moving average price of $91.26. U.S. Physical Therapy, Inc. has a fifty-two week low of $76.18 and a fifty-two week high of $113.63.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.09). The company had revenue of $167.19 million for the quarter, compared to analyst estimates of $163.34 million. U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $0.76 EPS. Analysts expect that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current fiscal year.

U.S. Physical Therapy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, November 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.92%. U.S. Physical Therapy’s payout ratio is 187.23%.

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.