Hodges Capital Management Inc. Purchases Shares of 35,105 U.S. Physical Therapy, Inc. $USPH

Hodges Capital Management Inc. purchased a new position in U.S. Physical Therapy, Inc. (NYSE:USPH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 35,105 shares of the company’s stock, valued at approximately $2,741,000.

A number of other large investors have also modified their holdings of USPH. Hantz Financial Services Inc. increased its holdings in shares of U.S. Physical Therapy by 56.4% during the fourth quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock valued at $29,000 after acquiring an additional 132 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of U.S. Physical Therapy in the 3rd quarter valued at approximately $39,000. EverSource Wealth Advisors LLC boosted its stake in U.S. Physical Therapy by 68.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 471 shares of the company’s stock worth $40,000 after purchasing an additional 192 shares in the last quarter. GAMMA Investing LLC boosted its stake in U.S. Physical Therapy by 207.1% in the 4th quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $40,000 after purchasing an additional 348 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in U.S. Physical Therapy during the 3rd quarter worth approximately $52,000.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on USPH. Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Physical Therapy in a research note on Friday, May 29th. Barrington Research dropped their price objective on shares of U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Zacks Research raised U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Citizens Jmp reduced their target price on U.S. Physical Therapy from $113.00 to $98.00 and set a “market outperform” rating for the company in a research note on Friday, May 8th. Finally, Jefferies Financial Group raised shares of U.S. Physical Therapy to a “strong-buy” rating in a research report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.50.

Insider Transactions at U.S. Physical Therapy

In other news, Director Peter Francis Minan purchased 492 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the transaction, the director owned 2,923 shares in the company, valued at $184,558.22. This represents a 20.24% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.40% of the company’s stock.

U.S. Physical Therapy Stock Up 1.8%

Shares of USPH stock opened at $62.92 on Thursday. The stock has a 50 day moving average of $68.57 and a 200 day moving average of $76.38. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. The stock has a market cap of $957.56 million, a P/E ratio of 125.84, a P/E/G ratio of 1.71 and a beta of 1.16. U.S. Physical Therapy, Inc. has a twelve month low of $58.19 and a twelve month high of $93.50.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.09). The company had revenue of $198.29 million during the quarter, compared to analysts’ expectations of $200.94 million. U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 EPS. As a group, sell-side analysts expect that U.S. Physical Therapy, Inc. will post 2.99 EPS for the current year.

U.S. Physical Therapy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, May 22nd. U.S. Physical Therapy’s payout ratio is currently 368.00%.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.