Insider Selling: U.S. Physical Therapy, Inc. (USPH) CFO Sells 3,100 Shares of Stock

U.S. Physical Therapy, Inc. (NYSE:USPH) CFO Lawrance W. Mcafee sold 3,100 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $113.29, for a total transaction of $351,199.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of USPH stock opened at $116.36 on Friday. The company has a quick ratio of 2.06, a current ratio of 1.93 and a debt-to-equity ratio of 0.26. U.S. Physical Therapy, Inc. has a 12-month low of $66.65 and a 12-month high of $129.65. The firm has a market cap of $1.45 billion, a PE ratio of 55.94, a P/E/G ratio of 3.98 and a beta of 1.19.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.06. U.S. Physical Therapy had a net margin of 5.58% and a return on equity of 17.64%. The company had revenue of $113.10 million during the quarter, compared to the consensus estimate of $112.79 million. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. On average, research analysts anticipate that U.S. Physical Therapy, Inc. will post 2.56 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 9th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, November 8th. U.S. Physical Therapy’s dividend payout ratio is 44.23%.

Several hedge funds have recently modified their holdings of USPH. Principal Financial Group Inc. increased its position in shares of U.S. Physical Therapy by 2.5% during the first quarter. Principal Financial Group Inc. now owns 99,799 shares of the company’s stock worth $8,114,000 after acquiring an additional 2,435 shares in the last quarter. Allianz Asset Management GmbH bought a new stake in shares of U.S. Physical Therapy during the first quarter worth $384,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of U.S. Physical Therapy during the first quarter worth $268,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of U.S. Physical Therapy during the second quarter worth $273,000. Finally, Bank of Montreal Can bought a new stake in shares of U.S. Physical Therapy during the second quarter worth $484,000. 97.64% of the stock is owned by institutional investors.

USPH has been the subject of several recent analyst reports. Barrington Research reaffirmed a “hold” rating on shares of U.S. Physical Therapy in a research note on Friday, August 3rd. Zacks Investment Research raised shares of U.S. Physical Therapy from a “hold” rating to a “buy” rating and set a $129.00 target price for the company in a research note on Tuesday, August 7th. Cantor Fitzgerald upped their target price on shares of U.S. Physical Therapy from $103.00 to $107.00 and gave the company a “neutral” rating in a research note on Friday, November 2nd. TheStreet downgraded shares of U.S. Physical Therapy from a “b” rating to a “c+” rating in a research note on Friday, November 2nd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $105.00 target price on shares of U.S. Physical Therapy in a research note on Friday, August 3rd. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. U.S. Physical Therapy has a consensus rating of “Buy” and a consensus price target of $113.67.

ILLEGAL ACTIVITY NOTICE: This story was originally published by WKRB News and is the sole property of of WKRB News. If you are reading this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The legal version of this story can be viewed at https://www.wkrb13.com/2018/11/09/insider-selling-u-s-physical-therapy-inc-usph-cfo-sells-3100-shares-of-stock.html.

About U.S. Physical Therapy

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.

Further Reading: Google Finance Portfolio Workaround

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.

Leave a Reply