GW&K Investment Management LLC Buys 11,093 Shares of U.S. Physical Therapy, Inc. $USPH

GW&K Investment Management LLC boosted its stake in U.S. Physical Therapy, Inc. (NYSE:USPH) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 361,974 shares of the company’s stock after purchasing an additional 11,093 shares during the quarter. GW&K Investment Management LLC owned about 2.38% of U.S. Physical Therapy worth $28,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its holdings in U.S. Physical Therapy by 56.4% in the fourth quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock valued at $29,000 after purchasing an additional 132 shares during the last quarter. Advisory Services Network LLC bought a new stake in U.S. Physical Therapy in the third quarter valued at about $39,000. EverSource Wealth Advisors LLC increased its holdings in U.S. Physical Therapy by 68.8% in the third quarter. EverSource Wealth Advisors LLC now owns 471 shares of the company’s stock valued at $40,000 after purchasing an additional 192 shares during the last quarter. GAMMA Investing LLC increased its holdings in U.S. Physical Therapy by 207.1% in the fourth quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $40,000 after purchasing an additional 348 shares during the last quarter. Finally, iSAM Funds UK Ltd bought a new stake in U.S. Physical Therapy in the third quarter valued at about $52,000.

Insider Activity

In other U.S. Physical Therapy news, Director Peter Francis Minan purchased 492 shares of the stock in a transaction on Monday, June 8th. The stock was bought at an average cost of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the acquisition, the director directly owned 2,923 shares of the company’s stock, valued at $184,558.22. The trade was a 20.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

U.S. Physical Therapy Stock Up 1.8%

Shares of U.S. Physical Therapy stock opened at $62.92 on Thursday. U.S. Physical Therapy, Inc. has a 1 year low of $58.19 and a 1 year high of $93.50. The business has a 50-day moving average of $68.57 and a two-hundred day moving average of $76.38. The company has a market capitalization of $957.56 million, a P/E ratio of 125.84, a price-to-earnings-growth ratio of 1.71 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.19 and a quick ratio of 1.19.

U.S. Physical Therapy (NYSE:USPH) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.09). U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.The business had revenue of $198.29 million during the quarter, compared to the consensus estimate of $200.94 million. During the same quarter last year, the company earned $0.48 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts predict that U.S. Physical Therapy, Inc. will post 2.99 EPS for the current year.

U.S. Physical Therapy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be issued 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 dividend payout ratio is 368.00%.

About U.S. Physical Therapy

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.