Callan Family Office LLC Makes New $1.86 Million Investment in U.S. Physical Therapy, Inc. $USPH

Key Points

• Callan Family Office LLC acquired 27,106 shares of U.S. Physical Therapy in the second quarter, valued at approximately $1.86 million and representing about 0.18% of the company. Several other institutional investors also increased their positions or initiated new stakes.
• U.S. Physical Therapy reported quarterly revenue of $214.06 million, up 8.5% year over year, but earnings per share of $0.75 fell short of the $0.81 consensus estimate. The stock opened at $78.16, while analysts maintain a “Moderate Buy” consensus with a $99.50 price target.
• The company declared a quarterly dividend of $0.46 per share, equivalent to $1.84 annually and a 2.4% yield. Director Peter Francis Minan also purchased 492 shares, increasing his position by 20.24%.

Callan Family Office LLC purchased a new position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 27,106 shares of the company's stock, valued at approximately $1,862,000. Callan Family Office LLC owned approximately 0.18% of U.S. Physical Therapy as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USPH. Royal Bank of Canada boosted its holdings in U.S. Physical Therapy by 3.4% during the first quarter. Royal Bank of Canada now owns 79,238 shares of the company's stock worth $5,733,000 after purchasing an additional 2,594 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in U.S. Physical Therapy by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,897 shares of the company's stock valued at $644,000 after buying an additional 391 shares during the last quarter. Jane Street Group LLC increased its stake in U.S. Physical Therapy by 249.3% in the 1st quarter. Jane Street Group LLC now owns 49,309 shares of the company's stock valued at $3,568,000 after buying an additional 35,191 shares during the last quarter. Hsbc Holdings PLC acquired a new position in shares of U.S. Physical Therapy during the 2nd quarter worth about $410,000. Finally, First Trust Advisors LP boosted its stake in shares of U.S. Physical Therapy by 3.7% during the 2nd quarter. First Trust Advisors LP now owns 10,725 shares of the company's stock worth $839,000 after buying an additional 385 shares during the last quarter.

U.S. Physical Therapy Stock Down 0.1%

U.S. Physical Therapy stock opened at $78.16 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.27 and a quick ratio of 1.27. The company's 50-day moving average is $73.59 and its 200-day moving average is $73.83. The firm has a market capitalization of $1.17 billion, a PE ratio of 459.79, a P/E/G ratio of 2.15 and a beta of 1.13. U.S. Physical Therapy, Inc. has a fifty-two week low of $58.19 and a fifty-two week high of $93.50.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.06). U.S. Physical Therapy had a net margin of 3.97% and a return on equity of 9.39%. The firm had revenue of $214.06 million during the quarter, compared to analyst estimates of $211.36 million. During the same quarter last year, the business posted $0.81 earnings per share. The company's revenue for the quarter was up 8.5% on a year-over-year basis. Sell-side analysts anticipate that U.S. Physical Therapy, Inc. will post 2.95 earnings per share for the current year.

U.S. Physical Therapy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, August 21st. U.S. Physical Therapy's dividend payout ratio (DPR) is presently 1,082.35%.

Insider Activity

In other U.S. Physical Therapy news, Director Peter Francis Minan bought 492 shares of U.S. Physical Therapy stock in a transaction dated 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 purchase, the director owned 2,923 shares of the company's stock, valued at $184,558.22. The trade was a 20.24% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on USPH shares. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of U.S. Physical Therapy in a research report on Friday, May 29th. Barrington Research increased their price target on U.S. Physical Therapy from $90.00 to $98.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Zacks Research upgraded U.S. Physical Therapy from a "strong sell" rating to a "hold" rating in a research note on Wednesday, May 27th. Citizens Jmp reaffirmed a "market outperform" rating and set a $98.00 price target on shares of U.S. Physical Therapy in a research report on Wednesday, June 24th. Finally, Citigroup reiterated a "market outperform" rating on shares of U.S. Physical Therapy in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $99.50.

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.

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