Global Alpha Capital Management Ltd. buys $5,652,677 stake in U.S. Physical Therapy (USPH)

U.S. Physical Therapy (USPH) : Global Alpha Capital Management Ltd. scooped up 25,900 additional shares in U.S. Physical Therapy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 92,364 shares of U.S. Physical Therapy which is valued at $5,652,677.U.S. Physical Therapy makes up approximately 3.49% of Global Alpha Capital Management Ltd.’s portfolio.

Other Hedge Funds, Including , Voya Investment Management added USPH to its portfolio by purchasing 4,388 company shares during the most recent quarter which is valued at $268,546. Wbi Investments sold out all of its stake in USPH during the most recent quarter. The investment firm sold 40,886 shares of USPH which is valued $2,502,223.Tdam Usa reduced its stake in USPH by selling 7,264 shares or 31.38% in the most recent quarter. The Hedge Fund company now holds 15,883 shares of USPH which is valued at $972,198. U.S. Physical Therapy makes up approx 0.05% of Tdam Usa’s portfolio.

U.S. Physical Therapy opened for trading at $63.12 and hit $63.51 on the upside on Thursday, eventually ending the session at $63.12, with a gain of 0.11% or 0.07 points. The heightened volatility saw the trading volume jump to 59,177 shares. Company has a market cap of $790 M.

On the company’s financial health, U.S. Physical Therapy reported $0.57 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.55. The company had revenue of $90.40 million for the quarter, compared to analysts expectations of $90.37 million. The company’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.

Many Wall Street Analysts have commented on U.S. Physical Therapy. U.S. Physical Therapy was Downgraded by Barrington Research to ” Mkt Perform” on Aug 5, 2016.

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. The Company primarily operates through subsidiary clinic partnerships in which it owns a 1% general partnership interest and a 64% limited partnership interest and the managing therapists of the clinics owns the remaining limited partnership interest in the clinics. The Company provides services at its clinics on an outpatient basis. Patients are treated for approximately one hour per day two to three times a week for two to six weeks. The Company operates approximately 489 clinics in 42 states of the United States.

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