U.S. Physical Therapy, Inc. (NYSE:USPH) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its stake in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,618 shares of the company’s stock after selling 400 shares during the period. GSA Capital Partners LLP owned about 0.05% of U.S. Physical Therapy worth $645,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of U.S. Physical Therapy by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 1,072,602 shares of the company’s stock worth $121,065,000 after purchasing an additional 10,175 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of U.S. Physical Therapy by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 423,846 shares of the company’s stock worth $39,173,000 after purchasing an additional 10,462 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of U.S. Physical Therapy by 4.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 239,982 shares of the company’s stock worth $22,179,000 after purchasing an additional 9,434 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of U.S. Physical Therapy by 3.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 157,052 shares of the company’s stock worth $14,515,000 after purchasing an additional 5,111 shares during the last quarter. Finally, Bahl & Gaynor Inc. raised its position in shares of U.S. Physical Therapy by 1.5% during the 2nd quarter. Bahl & Gaynor Inc. now owns 106,476 shares of the company’s stock worth $9,841,000 after purchasing an additional 1,623 shares during the last quarter.

U.S. Physical Therapy Stock Up 0.1 %

Shares of NYSE USPH opened at $90.05 on Tuesday. U.S. Physical Therapy, Inc. has a 52-week low of $76.18 and a 52-week high of $113.63. The firm has a fifty day moving average of $84.32 and a 200-day moving average of $90.93. The stock has a market capitalization of $1.36 billion, a PE ratio of 95.79, a P/E/G ratio of 4.07 and a beta of 1.38. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.27.

U.S. Physical Therapy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.76 annualized dividend and a dividend yield of 1.95%. U.S. Physical Therapy’s dividend payout ratio is presently 187.23%.

Insider Activity

In related news, Director Nancy Ham sold 1,172 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $96.72, for a total transaction of $113,355.84. Following the completion of the sale, the director now directly owns 1,112 shares of the company’s stock, valued at approximately $107,552.64. This represents a 51.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bernard A. Harris, Jr. sold 2,000 shares of the company’s 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 approximately $1,554,681.70. This trade represents a 10.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,620 shares of company stock valued at $799,170 in the last ninety days. Company insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

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

U.S. Physical Therapy Company 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.