Bridge City Capital LLC Acquires 4,235 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

Bridge City Capital LLC lifted its stake in U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,947 shares of the company's stock after acquiring an additional 4,235 shares during the period. U.S. Physical Therapy makes up 1.5% of Bridge City Capital LLC's portfolio, making the stock its 18th largest holding. Bridge City Capital LLC owned approximately 0.43% of U.S. Physical Therapy worth $5,761,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of USPH. HighTower Advisors LLC grew its position in U.S. Physical Therapy by 2.5% in the 4th quarter. HighTower Advisors LLC now owns 4,833 shares of the company's stock worth $429,000 after purchasing an additional 119 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its position in U.S. Physical Therapy by 59.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company's stock worth $29,000 after buying an additional 122 shares in the last quarter. Albert D Mason Inc. increased its stake in U.S. Physical Therapy by 1.3% during the fourth quarter. Albert D Mason Inc. now owns 10,596 shares of the company's stock valued at $940,000 after acquiring an additional 139 shares during the period. Harbor Capital Advisors Inc. raised its holdings in U.S. Physical Therapy by 1.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 16,344 shares of the company's stock valued at $1,450,000 after acquiring an additional 156 shares in the last quarter. Finally, Norden Group LLC lifted its position in shares of U.S. Physical Therapy by 4.8% in the 4th quarter. Norden Group LLC now owns 5,139 shares of the company's stock worth $456,000 after acquiring an additional 235 shares during the period.

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Insider Activity

In other U.S. Physical Therapy news, COO Graham D. Reeve sold 1,730 shares of the business's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $82.11, for a total transaction of $142,050.30. Following the completion of the sale, the chief operating officer now directly owns 7,168 shares of the company's stock, valued at approximately $588,564.48. The trade was a 19.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.70% of the stock is currently owned by insiders.

U.S. Physical Therapy Price Performance

NYSE:USPH traded down $0.39 during mid-day trading on Tuesday, reaching $73.26. 97,534 shares of the company were exchanged, compared to its average volume of 99,745. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.11 billion, a PE ratio of 77.94, a PEG ratio of 3.54 and a beta of 1.51. U.S. Physical Therapy, Inc. has a 12 month low of $72.27 and a 12 month high of $113.63. The company has a fifty day moving average of $84.54 and a 200 day moving average of $86.91.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.04). U.S. Physical Therapy had a net margin of 3.54% and a return on equity of 8.11%. The company had revenue of $180.45 million for the quarter, compared to the consensus estimate of $173.10 million. On average, research analysts anticipate that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current fiscal year.

U.S. Physical Therapy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 14th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.46%. This is an increase from U.S. Physical Therapy's previous quarterly dividend of $0.44. U.S. Physical Therapy's payout ratio is presently 97.83%.

Analysts Set New Price Targets

A number of research firms have weighed in on USPH. William Blair reiterated a "market perform" rating on shares of U.S. Physical Therapy in a research note on Thursday, February 27th. StockNews.com cut shares of U.S. Physical Therapy from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. Barrington Research cut their price target on shares of U.S. Physical Therapy from $108.00 to $98.00 and set an "outperform" rating for the company in a research note on Friday, February 28th. JMP Securities assumed coverage on U.S. Physical Therapy in a research note on Monday, December 16th. They issued an "outperform" rating and a $113.00 price objective on the stock. Finally, Bank of America raised U.S. Physical Therapy from a "neutral" rating to a "buy" rating and boosted their price target for the company from $100.00 to $115.00 in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $109.00.

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.