Systematic Financial Management LP Trims Stock Holdings in U.S. Physical Therapy, Inc. (NYSE:USPH)

Systematic Financial Management LP lowered its holdings in U.S. Physical Therapy, Inc. (NYSE:USPH) by 30.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,880 shares of the company’s stock after selling 3,415 shares during the period. Systematic Financial Management LP owned about 0.06% of U.S. Physical Therapy worth $966,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of USPH. Bridge City Capital LLC boosted its position in shares of U.S. Physical Therapy by 0.5% during the 2nd quarter. Bridge City Capital LLC now owns 34,741 shares of the company’s stock valued at $4,258,000 after purchasing an additional 171 shares in the last quarter. Arizona State Retirement System lifted its stake in U.S. Physical Therapy by 1.2% during the second quarter. Arizona State Retirement System now owns 19,795 shares of the company’s stock valued at $2,426,000 after purchasing an additional 227 shares during the last quarter. AE Wealth Management LLC lifted its stake in U.S. Physical Therapy by 61.4% during the second quarter. AE Wealth Management LLC now owns 4,369 shares of the company’s stock valued at $536,000 after purchasing an additional 1,662 shares during the last quarter. Copeland Capital Management LLC lifted its stake in U.S. Physical Therapy by 20.3% during the second quarter. Copeland Capital Management LLC now owns 209,405 shares of the company’s stock valued at $25,667,000 after purchasing an additional 35,321 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its stake in U.S. Physical Therapy by 2.0% during the second quarter. Oregon Public Employees Retirement Fund now owns 5,013 shares of the company’s stock valued at $614,000 after purchasing an additional 100 shares during the last quarter. 99.58% of the stock is owned by hedge funds and other institutional investors.

In other U.S. Physical Therapy news, CEO Christopher J. Reading sold 19,860 shares of U.S. Physical Therapy stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $119.36, for a total transaction of $2,370,489.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

Shares of NYSE USPH traded down $2.47 during trading on Friday, hitting $131.37. The company had a trading volume of 81,968 shares, compared to its average volume of 80,040. The company has a market cap of $1.61 billion, a P/E ratio of 49.57, a P/E/G ratio of 3.85 and a beta of 1.13. U.S. Physical Therapy, Inc. has a 52 week low of $98.69 and a 52 week high of $135.01. The firm has a 50-day moving average of $125.34. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.18.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.81 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.81. The company had revenue of $126.40 million for the quarter, compared to analysts’ expectations of $124.86 million. U.S. Physical Therapy had a return on equity of 19.09% and a net margin of 5.34%. The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 earnings per share. As a group, equities research analysts expect that U.S. Physical Therapy, Inc. will post 2.92 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Thursday, August 15th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.91%. This is a boost from U.S. Physical Therapy’s previous quarterly dividend of $0.27. U.S. Physical Therapy’s dividend payout ratio is currently 40.75%.

USPH has been the topic of several research reports. Barrington Research reaffirmed a “hold” rating on shares of U.S. Physical Therapy in a report on Friday, May 3rd. Zacks Investment Research raised U.S. Physical Therapy from a “hold” rating to a “buy” rating and set a $127.00 price target on the stock in a report on Friday, April 26th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. U.S. Physical Therapy presently has a consensus rating of “Buy” and a consensus price target of $113.54.

U.S. Physical Therapy Company Profile

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.

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Institutional Ownership by Quarter for U.S. Physical Therapy (NYSE:USPH)

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