Wilmington Savings Fund Society FSB Sells 711 Shares of U.S. Physical Therapy, Inc. (NYSE:USPH)

Wilmington Savings Fund Society FSB lessened its position in U.S. Physical Therapy, Inc. (NYSE:USPH) by 3.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 18,083 shares of the company’s stock after selling 711 shares during the period. Wilmington Savings Fund Society FSB’s holdings in U.S. Physical Therapy were worth $1,604,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. KBC Group NV increased its stake in U.S. Physical Therapy by 68.6% in the third quarter. KBC Group NV now owns 774 shares of the company’s stock worth $66,000 after purchasing an additional 315 shares during the period. Pacer Advisors Inc. bought a new position in shares of U.S. Physical Therapy in the fourth quarter worth about $113,000. First Horizon Advisors Inc. increased its stake in U.S. Physical Therapy by 25.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,486 shares of the company’s stock worth $126,000 after buying an additional 298 shares during the period. International Assets Investment Management LLC lifted its holdings in U.S. Physical Therapy by 8,414.8% during the 3rd quarter. International Assets Investment Management LLC now owns 2,299 shares of the company’s stock valued at $195,000 after buying an additional 2,272 shares in the last quarter. Finally, Sugar Maple Asset Management LLC purchased a new stake in U.S. Physical Therapy in the 3rd quarter valued at about $212,000.

Insider Transactions at U.S. Physical Therapy

In related news, CFO Carey P. Hendrickson sold 516 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $96.25, for a total transaction of $49,665.00. Following the completion of the transaction, the chief financial officer now owns 20,469 shares in the company, valued at $1,970,141.25. The trade was a 2.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bernard A. Harris, Jr. sold 2,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $92.95, for a total transaction of $185,900.00. Following the sale, the director now directly owns 16,726 shares of the company’s stock, valued at $1,554,681.70. The trade was a 10.68 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on USPH. Barrington Research reaffirmed an “outperform” rating and set a $108.00 target price on shares of U.S. Physical Therapy in a research report on Thursday, November 21st. JPMorgan Chase & Co. raised their price objective on U.S. Physical Therapy from $117.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, December 3rd. JMP Securities assumed coverage on U.S. Physical Therapy in a research report on Monday, December 16th. They set an “outperform” rating and a $113.00 target price for the company. Bank of America raised U.S. Physical Therapy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $100.00 to $115.00 in a research report on Monday, December 16th. Finally, Citizens Jmp upgraded U.S. Physical Therapy to a “strong-buy” rating in a report on Monday, December 16th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $114.00.

U.S. Physical Therapy Stock Down 0.9 %

U.S. Physical Therapy stock opened at $86.97 on Monday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. The firm has a market cap of $1.31 billion, a P/E ratio of 92.52, a P/E/G ratio of 3.61 and a beta of 1.48. The business has a fifty day moving average of $91.05 and a two-hundred day moving average of $88.33. U.S. Physical Therapy, Inc. has a twelve month low of $76.18 and a twelve month high of $113.63.

U.S. Physical Therapy Company 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.