Stifel Financial Corp Acquires 6,154 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

Stifel Financial Corp boosted its holdings in U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) by 12.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,166 shares of the company's stock after purchasing an additional 6,154 shares during the quarter. Stifel Financial Corp owned about 0.38% of U.S. Physical Therapy worth $4,838,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Canada Pension Plan Investment Board acquired a new position in shares of U.S. Physical Therapy in the second quarter valued at approximately $28,000. Innealta Capital LLC purchased a new stake in shares of U.S. Physical Therapy during the second quarter valued at approximately $30,000. Quest Partners LLC grew its position in shares of U.S. Physical Therapy by 2,808.3% during the second quarter. Quest Partners LLC now owns 349 shares of the company's stock worth $32,000 after buying an additional 337 shares in the last quarter. Quarry LP grew its position in shares of U.S. Physical Therapy by 1,291.9% during the second quarter. Quarry LP now owns 515 shares of the company's stock worth $48,000 after buying an additional 478 shares in the last quarter. Finally, Ridgewood Investments LLC acquired a new stake in shares of U.S. Physical Therapy during the second quarter worth approximately $51,000.

Insiders Place Their Bets

In other news, Director Nancy Ham sold 1,172 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $96.72, for a total value of $113,355.84. Following the completion of the transaction, the director now owns 1,112 shares of the company's stock, valued at $107,552.64. This represents a 51.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Eric Joseph Williams sold 2,000 shares of the company's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $95.84, for a total value of $191,680.00. Following the completion of the transaction, the insider now directly 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 sold a total of 7,412 shares of company stock valued at $706,605 over the last ninety days. 1.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

USPH has been the subject of a number of research reports. JMP Securities initiated coverage on shares of U.S. Physical Therapy in a report on Monday. They issued an "outperform" rating and a $113.00 price objective for the company. StockNews.com upgraded shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research note on Wednesday, August 21st. Barrington Research reiterated an "outperform" rating and issued a $108.00 price objective on shares of U.S. Physical Therapy in a research note on Thursday, November 21st. JPMorgan Chase & Co. increased 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 upgraded shares of U.S. Physical Therapy from a "neutral" rating to a "buy" rating and raised their price objective for the company from $100.00 to $115.00 in a research report on Monday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.00.

U.S. Physical Therapy Stock Up 2.4 %

USPH traded up $2.25 during trading on Monday, reaching $95.71. 119,532 shares of the stock were exchanged, compared to its average volume of 93,600. The stock has a market cap of $1.45 billion, a P/E ratio of 101.82, a price-to-earnings-growth ratio of 4.23 and a beta of 1.46. U.S. Physical Therapy, Inc. has a twelve month low of $76.18 and a twelve month high of $113.63. The stock's 50 day moving average price is $89.67 and its two-hundred day moving average price is $89.85. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 15th were given a dividend of $0.44 per share. The ex-dividend date was Friday, November 15th. This represents a $1.76 dividend on an annualized basis and a yield of 1.84%. U.S. Physical Therapy's dividend payout ratio (DPR) is 187.23%.

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.