U.S. Physical Therapy, Inc. (NYSE:USPH) Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC trimmed its stake in shares of U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) by 2.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 816,272 shares of the company's stock after selling 23,084 shares during the period. Copeland Capital Management LLC owned about 5.37% of U.S. Physical Therapy worth $59,066,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. CBIZ Investment Advisory Services LLC raised its holdings in U.S. Physical Therapy by 59.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company's stock worth $29,000 after purchasing an additional 122 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of U.S. Physical Therapy in the 4th quarter worth about $39,000. Fifth Third Bancorp grew its stake in U.S. Physical Therapy by 34.6% in the 1st quarter. Fifth Third Bancorp now owns 1,030 shares of the company's stock valued at $75,000 after acquiring an additional 265 shares during the last quarter. Lazard Asset Management LLC purchased a new position in U.S. Physical Therapy during the 4th quarter valued at about $84,000. Finally, Aquatic Capital Management LLC raised its position in U.S. Physical Therapy by 18.0% during the fourth quarter. Aquatic Capital Management LLC now owns 1,298 shares of the company's stock worth $115,000 after acquiring an additional 198 shares during the last quarter.

Analyst Upgrades and Downgrades

USPH has been the subject of several research reports. Barrington Research restated an "outperform" rating and set a $98.00 price objective on shares of U.S. Physical Therapy in a research report on Tuesday. JPMorgan Chase & Co. decreased their price objective on U.S. Physical Therapy from $120.00 to $110.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 19th. JMP Securities reissued a "market outperform" rating and issued a $113.00 target price on shares of U.S. Physical Therapy in a research note on Tuesday, April 22nd. Finally, Wall Street Zen raised shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $109.00.

U.S. Physical Therapy Trading Up 3.6%

USPH traded up $2.84 during trading on Tuesday, hitting $81.04. 207,612 shares of the company's stock were exchanged, compared to its average volume of 120,159. U.S. Physical Therapy, Inc. has a 1 year low of $62.77 and a 1 year high of $101.20. The stock has a 50 day moving average price of $75.13 and a 200 day moving average price of $79.75. The firm has a market cap of $1.23 billion, a P/E ratio of 37.17, a price-to-earnings-growth ratio of 3.83 and a beta of 1.45. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.32.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The firm had revenue of $183.79 million for the quarter, compared to the consensus estimate of $176.78 million. U.S. Physical Therapy had a net margin of 4.57% and a return on equity of 7.89%. The firm's quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.51 EPS. As a group, analysts expect that U.S. Physical Therapy, Inc. will post 2.67 EPS for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 23rd were issued a $0.45 dividend. The ex-dividend date was Friday, May 23rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.22%. U.S. Physical Therapy's dividend payout ratio (DPR) is presently 82.57%.

Insider Activity

In other news, Director Nancy Ham sold 400 shares of the firm'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 transaction, the director directly owned 2,594 shares of the company's stock, valued at approximately $202,357.94. This trade represents a 13.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.00% of the company's stock.

About U.S. Physical Therapy

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.