U.S. Physical Therapy, Inc. (USPH) Downgraded to “Sell” at Zacks Investment Research


Zacks Investment Research lowered shares of U.S. Physical Therapy, Inc. (NYSE:USPH) from a hold rating to a sell rating in a research note published on Wednesday.

According to Zacks, “U.S. Physical Therapy, Inc. operates outpatient physical and occupational therapy clinics which provide post-operative care and treatment for a variety of orthopedic-related disorders and sports-related injuries. “

USPH has been the subject of a number of other research reports. Jefferies Group LLC set a $63.00 price target on shares of U.S. Physical Therapy and gave the stock a hold rating in a report on Saturday, March 18th. Barrington Research downgraded shares of U.S. Physical Therapy from an outperform rating to a market perform rating in a report on Friday, March 17th.

U.S. Physical Therapy (NYSE:USPH) traded up 0.08% during mid-day trading on Wednesday, hitting $63.55. The company had a trading volume of 64,329 shares. The firm’s 50 day moving average is $67.77 and its 200 day moving average is $66.92. The company has a market capitalization of $795.71 million, a price-to-earnings ratio of 32.93 and a beta of 0.91. U.S. Physical Therapy has a 52 week low of $48.10 and a 52 week high of $78.00.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, May 5th. Shareholders of record on Monday, April 17th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.26%. The ex-dividend date is Wednesday, April 12th. This is a boost from U.S. Physical Therapy’s previous quarterly dividend of $0.17. U.S. Physical Therapy’s dividend payout ratio (DPR) is currently 35.05%.

A number of institutional investors have recently modified their holdings of USPH. Cue Financial Group Inc. acquired a new position in shares of U.S. Physical Therapy during the third quarter valued at approximately $492,000. Albert D Mason Inc. boosted its stake in U.S. Physical Therapy by 78.7% in the third quarter. Albert D Mason Inc. now owns 54,588 shares of the company’s stock valued at $3,423,000 after buying an additional 24,044 shares during the period. Great West Life Assurance Co. Can boosted its stake in U.S. Physical Therapy by 2.6% in the third quarter. Great West Life Assurance Co. Can now owns 17,993 shares of the company’s stock valued at $1,127,000 after buying an additional 450 shares during the period. Capital Fund Management S.A. purchased a new stake in U.S. Physical Therapy during the third quarter valued at about $445,000. Finally, Wells Fargo & Company MN boosted its stake in U.S. Physical Therapy by 3.3% in the third quarter. Wells Fargo & Company MN now owns 45,464 shares of the company’s stock valued at $2,851,000 after buying an additional 1,438 shares during the period. 96.70% of the stock is owned by institutional investors.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries.

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