Cambiar Investors LLC Has $1.48 Million Stock Holdings in U.S. Physical Therapy, Inc. $USPH

Key Points

• Cambiar Investors LLC reduced its stake in U.S. Physical Therapy, Inc. by 16.4%, holding 20,515 shares valued at approximately $1.48 million as of the latest SEC filing.
• Several institutional investors, including Point72 Asset Management and Nuveen LLC, have recently acquired significant positions in U.S. Physical Therapy, indicating increased interest in the stock.
• The company announced a quarterly dividend of $0.45, representing an annualized yield of 2.1%, with a current payout ratio of 78.60%.

Cambiar Investors LLC lowered its position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) by 16.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,515 shares of the company's stock after selling 4,035 shares during the quarter. Cambiar Investors LLC owned 0.14% of U.S. Physical Therapy worth $1,484,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Portside Wealth Group LLC raised its stake in shares of U.S. Physical Therapy by 3.9% during the 1st quarter. Portside Wealth Group LLC now owns 4,108 shares of the company's stock worth $297,000 after purchasing an additional 154 shares in the last quarter. Precision Wealth Strategies LLC raised its stake in shares of U.S. Physical Therapy by 6.6% during the 1st quarter. Precision Wealth Strategies LLC now owns 3,054 shares of the company's stock worth $221,000 after purchasing an additional 189 shares in the last quarter. Aquatic Capital Management LLC raised its stake in shares of U.S. Physical Therapy by 18.0% during the 4th quarter. Aquatic Capital Management LLC now owns 1,298 shares of the company's stock worth $115,000 after purchasing an additional 198 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of U.S. Physical Therapy by 4.4% during the 1st quarter. Bessemer Group Inc. now owns 4,929 shares of the company's stock worth $357,000 after purchasing an additional 208 shares in the last quarter. Finally, Albert D Mason Inc. raised its stake in shares of U.S. Physical Therapy by 2.5% during the 1st quarter. Albert D Mason Inc. now owns 10,856 shares of the company's stock worth $786,000 after purchasing an additional 260 shares in the last quarter.

U.S. Physical Therapy Stock Performance

Shares of USPH stock traded up $3.0470 during trading on Friday, reaching $87.5170. 138,967 shares of the company's stock were exchanged, compared to its average volume of 192,953. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $1.33 billion, a PE ratio of 38.22, a PEG ratio of 4.32 and a beta of 1.45. U.S. Physical Therapy, Inc. has a twelve month low of $62.77 and a twelve month high of $101.19. The firm's fifty day moving average price is $78.26 and its 200-day moving average price is $76.91.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.10. The business had revenue of $197.34 million during the quarter, compared to the consensus estimate of $190.24 million. U.S. Physical Therapy had a return on equity of 8.78% and a net margin of 5.05%.The firm's quarterly revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 EPS. As a group, sell-side analysts anticipate that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current year.

U.S. Physical Therapy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 22nd will be paid a $0.45 dividend. The ex-dividend date is Friday, August 22nd. This represents a $1.80 annualized dividend and a yield of 2.1%. U.S. Physical Therapy's payout ratio is 78.60%.

Insider Buying and Selling at U.S. Physical Therapy

In other news, Director Nancy Ham sold 400 shares of the company's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $78.01, for a total transaction of $31,204.00. Following the completion of the sale, the director directly owned 2,594 shares in the company, valued at approximately $202,357.94. This represents a 13.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Graham D. Reeve sold 763 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $84.97, for a total value of $64,832.11. Following the sale, the chief operating officer owned 21,483 shares of the company's stock, valued at approximately $1,825,410.51. The trade was a 3.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,955 shares of company stock valued at $251,170 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

USPH has been the topic of a number of analyst reports. Wall Street Zen upgraded U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th. Zacks Research upgraded U.S. Physical Therapy to a "hold" rating in a research note on Friday, August 8th. Finally, Barrington Research upped their price objective on U.S. Physical Therapy from $98.00 to $103.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $110.25.

U.S. Physical Therapy Profile

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.