Virtu Financial LLC Invests $331,000 in U.S. Physical Therapy, Inc. $USPH

Key Points

• Virtu Financial LLC has acquired 4,576 shares of U.S. Physical Therapy, Inc. (NYSE:USPH) valued at approximately $331,000 in the first quarter of 2023.
• U.S. Physical Therapy recently reported an EPS of $0.81 for the quarter, surpassing analysts' expectations, with revenue rising 18.0% year-over-year.
• The company announced a quarterly dividend of $0.45 per share, indicating a 2.1% yield for shareholders, with the payment scheduled for September 12th.

Virtu Financial LLC bought a new stake in U.S. Physical Therapy, Inc. (NYSE:USPH - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,576 shares of the company's stock, valued at approximately $331,000.

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

U.S. Physical Therapy Trading Down 1.2%

NYSE:USPH traded down $1.01 during mid-day trading on Monday, hitting $84.77. 71,192 shares of the company's stock were exchanged, compared to its average volume of 144,398. The company has a 50 day simple moving average of $77.56 and a 200-day simple moving average of $76.87. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.30. U.S. Physical Therapy, Inc. has a fifty-two week low of $62.77 and a fifty-two week high of $101.19. The firm has a market capitalization of $1.29 billion, a P/E ratio of 37.01, a PEG ratio of 4.38 and a beta of 1.45.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.10. The firm had revenue of $197.34 million for the quarter, compared to the consensus estimate of $190.24 million. U.S. Physical Therapy had a net margin of 5.05% and a return on equity of 8.78%. The company's revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 EPS. As a group, research analysts expect that U.S. Physical Therapy, Inc. will post 2.67 earnings per share 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. Stockholders of record on Friday, August 22nd will be given a $0.45 dividend. The ex-dividend date is Friday, August 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.1%. U.S. Physical Therapy's payout ratio is 78.60%.

Insider Buying and Selling

In related news, Director Nancy Ham sold 400 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $78.01, for a total transaction of $31,204.00. Following the transaction, the director owned 2,594 shares in the company, valued at $202,357.94. The trade was a 13.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Graham D. Reeve sold 1,792 shares of the business's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $86.57, for a total transaction of $155,133.44. Following the transaction, the chief operating officer owned 22,246 shares in the company, valued at $1,925,836.22. The trade was a 7.45% decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on USPH shares. Barrington Research raised their price target on shares of U.S. Physical Therapy from $98.00 to $103.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Zacks Research upgraded shares of U.S. Physical Therapy to a "hold" rating in a research note on Friday, August 8th. JMP Securities restated a "market outperform" rating and issued a $113.00 price target on shares of U.S. Physical Therapy in a research note on Tuesday, April 22nd. Finally, Wall Street Zen upgraded shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $110.25.

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.