U.S. Physical Therapy, Inc. $USPH Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its holdings in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 14.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 59,355 shares of the company’s stock after acquiring an additional 7,535 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.39% of U.S. Physical Therapy worth $5,042,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Geode Capital Management LLC lifted its stake in U.S. Physical Therapy by 1.2% during the second quarter. Geode Capital Management LLC now owns 352,923 shares of the company’s stock worth $27,602,000 after purchasing an additional 4,306 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in U.S. Physical Therapy by 9.4% during the second quarter. Envestnet Asset Management Inc. now owns 346,160 shares of the company’s stock worth $27,070,000 after purchasing an additional 29,671 shares in the last quarter. Bank of America Corp DE lifted its position in shares of U.S. Physical Therapy by 4.3% during the 2nd quarter. Bank of America Corp DE now owns 179,006 shares of the company’s stock worth $13,998,000 after buying an additional 7,438 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of U.S. Physical Therapy by 4.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 131,556 shares of the company’s stock worth $10,288,000 after buying an additional 6,190 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of U.S. Physical Therapy by 44.5% in the 2nd quarter. Sei Investments Co. now owns 104,229 shares of the company’s stock valued at $8,150,000 after buying an additional 32,120 shares in the last quarter.

U.S. Physical Therapy Price Performance

Shares of NYSE:USPH opened at $86.26 on Friday. U.S. Physical Therapy, Inc. has a one year low of $62.77 and a one year high of $93.50. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 36.24, a PEG ratio of 3.57 and a beta of 1.30. The company has a 50-day simple moving average of $83.21 and a 200-day simple moving average of $82.37. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.20 and a current ratio of 1.20.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of U.S. Physical Therapy in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their target price on U.S. Physical Therapy from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Monday, November 24th. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Monday, December 15th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $103.00 price target on shares of U.S. Physical Therapy in a research report on Monday, January 5th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $105.33.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.