Victory Capital Management Inc. Has $2.92 Million Stake in U.S. Physical Therapy, Inc. (NYSE:USPH)

Victory Capital Management Inc. trimmed its stake in U.S. Physical Therapy, Inc. (NYSE:USPH) by 13.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,508 shares of the company’s stock after selling 5,257 shares during the period. Victory Capital Management Inc.’s holdings in U.S. Physical Therapy were worth $2,920,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of USPH. Canada Pension Plan Investment Board acquired a new stake in U.S. Physical Therapy in the second quarter valued at $28,000. Innealta Capital LLC acquired a new stake in U.S. Physical Therapy in the second quarter valued at $30,000. Quest Partners LLC boosted its position in U.S. Physical Therapy by 2,808.3% during the second quarter. Quest Partners LLC now owns 349 shares of the company’s stock valued at $32,000 after acquiring an additional 337 shares during the last quarter. Quarry LP boosted its position in U.S. Physical Therapy by 1,291.9% during the second quarter. Quarry LP now owns 515 shares of the company’s stock valued at $48,000 after acquiring an additional 478 shares during the last quarter. Finally, Ridgewood Investments LLC bought a new stake in U.S. Physical Therapy during the second quarter valued at $51,000.

Insider Transactions at U.S. Physical Therapy

In other U.S. Physical Therapy news, Director Nancy Ham sold 1,172 shares of U.S. Physical Therapy stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $96.72, for a total transaction of $113,355.84. Following the completion of the transaction, the director now owns 1,112 shares in the company, valued at approximately $107,552.64. The trade was a 51.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric Joseph Williams sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $95.84, for a total value of $191,680.00. Following the completion of the transaction, the insider now owns 14,814 shares in the company, valued at $1,419,773.76. The trade was a 11.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,896 shares of company stock valued at $656,940 in the last 90 days. 1.70% of the stock is currently owned by corporate insiders.

U.S. Physical Therapy Price Performance

USPH stock opened at $97.83 on Friday. The stock has a market capitalization of $1.48 billion, a PE ratio of 104.07, a price-to-earnings-growth ratio of 4.38 and a beta of 1.38. The company’s 50-day moving average is $85.22 and its 200-day moving average is $90.83. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.78. U.S. Physical Therapy, Inc. has a 1 year low of $76.18 and a 1 year high of $113.63.

U.S. Physical Therapy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, November 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.80%. U.S. Physical Therapy’s dividend payout ratio (DPR) is presently 187.23%.

Analyst Upgrades and Downgrades

USPH has been the topic of a number of research analyst reports. StockNews.com raised shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 21st. Barrington Research reaffirmed an “outperform” rating and set a $108.00 price target on shares of U.S. Physical Therapy in a research report on Thursday. Finally, Bank of America reaffirmed a “neutral” rating and set a $90.00 price target (down previously from $114.00) on shares of U.S. Physical Therapy in a research report on Monday, October 7th.

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.