BNP Paribas Financial Markets Acquires 12,445 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

BNP Paribas Financial Markets increased its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) by 283.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,842 shares of the company's stock after acquiring an additional 12,445 shares during the quarter. BNP Paribas Financial Markets owned about 0.11% of U.S. Physical Therapy worth $1,425,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in USPH. Quantbot Technologies LP lifted its holdings in U.S. Physical Therapy by 57.6% during the 3rd quarter. Quantbot Technologies LP now owns 10,876 shares of the company's stock worth $920,000 after purchasing an additional 3,973 shares during the last quarter. Intech Investment Management LLC bought a new position in U.S. Physical Therapy during the third quarter worth about $356,000. First Horizon Advisors Inc. boosted its holdings in U.S. Physical Therapy by 25.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,486 shares of the company's stock valued at $126,000 after purchasing an additional 298 shares during the period. Howe & Rusling Inc. grew its position in shares of U.S. Physical Therapy by 22.5% during the 3rd quarter. Howe & Rusling Inc. now owns 4,864 shares of the company's stock worth $412,000 after purchasing an additional 893 shares in the last quarter. Finally, Quest Partners LLC increased its holdings in shares of U.S. Physical Therapy by 2,368.2% during the third quarter. Quest Partners LLC now owns 8,614 shares of the company's stock worth $729,000 after purchasing an additional 8,265 shares during the period.

Analyst Ratings Changes

USPH has been the topic of a number of recent research reports. Barrington Research restated an "outperform" rating and set a $108.00 price objective on shares of U.S. Physical Therapy in a research note on Thursday, November 21st. StockNews.com raised shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research note on Wednesday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of U.S. Physical Therapy from $117.00 to $120.00 and gave the company an "overweight" rating in a report on Tuesday, December 3rd. Finally, Bank of America restated a "neutral" rating and issued a $90.00 target price (down previously from $114.00) on shares of U.S. Physical Therapy in a research report on Monday, October 7th.

U.S. Physical Therapy Trading Up 0.4 %

Shares of NYSE:USPH traded up $0.42 during mid-day trading on Monday, reaching $96.50. 72,156 shares of the company's stock were exchanged, compared to its average volume of 93,209. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.78 and a current ratio of 1.78. U.S. Physical Therapy, Inc. has a twelve month low of $76.18 and a twelve month high of $113.63. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 102.21, a PEG ratio of 4.34 and a beta of 1.46. The business's fifty day moving average price is $88.04 and its 200-day moving average price is $90.09.

U.S. Physical Therapy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Friday, November 15th. U.S. Physical Therapy's dividend payout ratio (DPR) is presently 187.23%.

Insider Activity at U.S. Physical Therapy

In other news, Director Nancy Ham sold 1,172 shares of the firm's stock in a transaction that occurred 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 owns 1,112 shares of the company's stock, valued at $107,552.64. This trade represents a 51.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Eric Joseph Williams sold 2,000 shares of U.S. Physical Therapy stock in a transaction on Friday, November 8th. The shares were sold at an average price of $95.84, for a total transaction of $191,680.00. Following the completion of the sale, the insider now owns 14,814 shares of the company's stock, valued at $1,419,773.76. This represents a 11.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,412 shares of company stock worth $706,605 over the last quarter. Company insiders own 1.70% of the company's stock.

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.