Trustcore Financial Services LLC grew its stake in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 17.7% in the 4th quarter, HoldingsChannel reports. The fund owned 3,322 shares of the company’s stock after acquiring an additional 500 shares during the period. Trustcore Financial Services LLC’s holdings in U.S. Physical Therapy were worth $340,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of USPH. We Are One Seven LLC bought a new position in U.S. Physical Therapy in the fourth quarter worth approximately $133,000. Harvest Fund Management Co. Ltd purchased a new position in U.S. Physical Therapy in the third quarter worth $190,000. Ibex Investors LLC purchased a new stake in shares of U.S. Physical Therapy during the third quarter valued at $207,000. Sawtooth Solutions LLC purchased a new stake in shares of U.S. Physical Therapy during the third quarter valued at $291,000. Finally, Invictus RG purchased a new stake in shares of U.S. Physical Therapy during the third quarter valued at $336,000. 99.45% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Regg E. Swanson acquired 500 shares of the firm’s stock in a transaction on Wednesday, December 26th. The stock was acquired at an average price of $101.17 per share, for a total transaction of $50,585.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harry S. Chapman acquired 1,200 shares of the firm’s stock in a transaction on Tuesday, December 11th. The stock was purchased at an average price of $110.69 per share, with a total value of $132,828.00. The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by corporate insiders.
NYSE:USPH traded down $0.51 during mid-day trading on Monday, hitting $105.94. The company’s stock had a trading volume of 2,422 shares, compared to its average volume of 75,768. U.S. Physical Therapy, Inc. has a 1 year low of $71.70 and a 1 year high of $129.65. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 1.93. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 51.00, a PEG ratio of 3.43 and a beta of 1.14.
A number of equities research analysts have recently weighed in on USPH shares. TheStreet lowered shares of U.S. Physical Therapy from a “b” rating to a “c+” rating in a report on Friday, November 2nd. Cantor Fitzgerald boosted their price objective on shares of U.S. Physical Therapy from $103.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, November 2nd. Finally, Zacks Investment Research lowered shares of U.S. Physical Therapy from a “buy” rating to a “hold” rating in a report on Saturday. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $113.67.
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.
Featured Story: What does EPS mean?
Want to see what other hedge funds are holding USPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for U.S. Physical Therapy, Inc. (NYSE:USPH).
Receive News & Ratings for U.S. Physical Therapy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Physical Therapy and related companies with MarketBeat.com's FREE daily email newsletter.