Fri Sep 20 08:40:48 UTC 2024: ## Hedge Funds Show Interest in U.S. Physical Therapy, Inc.
**New York, NY** – U.S. Physical Therapy, Inc. (NYSE: USPH) has attracted the attention of several hedge funds in recent months, with some increasing their stakes significantly. According to recent SEC filings, Quest Partners LLC boosted its position in the company by a whopping 2,808.3% during the second quarter.
Other notable moves include Natixis Advisors LLC, Peregrine Capital Management LLC, and Bank of New York Mellon Corp, all increasing their holdings in U.S. Physical Therapy. Meanwhile, Innealta Capital LLC and Ridgewood Investments LLC purchased new stakes in the company.
“The surge in hedge fund interest suggests a growing confidence in the company’s future,” commented a market analyst. “This, coupled with recent director purchases, could be a bullish signal for investors.”
Further fueling optimism, Director Kathleen A. Gilmartin recently acquired 2,000 shares of U.S. Physical Therapy stock, demonstrating her belief in the company’s performance.
However, it is worth noting that Chief Operating Officer Graham D. Reeve sold 1,724 shares in August, potentially indicating a mixed sentiment among company insiders.
Despite missing earnings estimates in the latest quarter, U.S. Physical Therapy reported revenue growth and declared a quarterly dividend. The company’s focus on outpatient physical therapy and rehabilitation services continues to attract attention in the healthcare sector.
Investors are keeping a close eye on the stock’s performance as U.S. Physical Therapy navigates the evolving healthcare landscape.
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