U.S. Physical Therapy, Inc. (NYSE:USPH) was upgraded by equities research analysts at Sidoti from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, The Fly reports.

USPH has been the topic of several other research reports. Zacks Investment Research cut shares of U.S. Physical Therapy from a “buy” rating to a “hold” rating in a research report on Saturday, August 26th. Barrington Research raised shares of U.S. Physical Therapy from a “market perform” rating to an “outperform” rating and set a $68.00 target price on the stock in a research report on Monday, July 3rd. BidaskClub cut shares of U.S. Physical Therapy from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 16th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $63.00 target price on shares of U.S. Physical Therapy in a research report on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $67.25.

U.S. Physical Therapy (NYSE USPH) opened at 57.75 on Friday. U.S. Physical Therapy has a 52-week low of $51.96 and a 52-week high of $78.00. The stock has a 50 day moving average price of $60.89 and a 200 day moving average price of $64.43. The firm has a market cap of $726.55 million, a P/E ratio of 36.55 and a beta of 1.07.

U.S. Physical Therapy (NYSE:USPH) last posted its earnings results on Thursday, August 3rd. The company reported $0.59 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.01. U.S. Physical Therapy had a return on equity of 12.91% and a net margin of 5.65%. The firm had revenue of $104.25 million for the quarter, compared to the consensus estimate of $102.93 million. Equities analysts predict that U.S. Physical Therapy will post $2.13 earnings per share for the current fiscal year.

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In related news, COO Glenn Mcdowell sold 1,004 shares of U.S. Physical Therapy stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $57.01, for a total value of $57,238.04. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Lawrance W. Mcafee sold 3,000 shares of U.S. Physical Therapy stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $62.04, for a total transaction of $186,120.00. The disclosure for this sale can be found here. Insiders sold a total of 13,266 shares of company stock worth $801,134 in the last ninety days. 3.10% of the stock is currently owned by insiders.

A number of hedge funds have recently modified their holdings of the business. BlueCrest Capital Management Ltd bought a new stake in U.S. Physical Therapy during the 2nd quarter valued at $224,000. State Street Corp raised its holdings in U.S. Physical Therapy by 3.8% during the 2nd quarter. State Street Corp now owns 319,307 shares of the company’s stock valued at $19,286,000 after acquiring an additional 11,645 shares during the period. AHL Partners LLP raised its holdings in U.S. Physical Therapy by 12.3% during the 2nd quarter. AHL Partners LLP now owns 15,028 shares of the company’s stock valued at $908,000 after acquiring an additional 1,646 shares during the period. Voya Investment Management LLC raised its holdings in U.S. Physical Therapy by 19.0% during the 2nd quarter. Voya Investment Management LLC now owns 5,220 shares of the company’s stock valued at $315,000 after acquiring an additional 832 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in U.S. Physical Therapy by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 486,775 shares of the company’s stock valued at $29,401,000 after acquiring an additional 3,853 shares during the period. 95.50% of the stock is currently owned by institutional investors and hedge funds.

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.

The Fly

Analyst Recommendations for U.S. Physical Therapy (NYSE:USPH)

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