Kore Private Wealth LLC Purchases Shares of 50,000 ATI Physical Therapy, Inc. (NYSE:ATIP)

Kore Private Wealth LLC bought a new position in ATI Physical Therapy, Inc. (NYSE:ATIP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 50,000 shares of the company’s stock, valued at approximately $477,000.

Several other institutional investors have also recently modified their holdings of ATIP. Penserra Capital Management LLC bought a new stake in ATI Physical Therapy in the second quarter valued at $66,000. Selway Asset Management purchased a new position in ATI Physical Therapy in the 2nd quarter worth about $95,000. Equitable Holdings Inc. purchased a new position in ATI Physical Therapy in the 2nd quarter worth about $119,000. Quantitative Systematic Strategies LLC purchased a new position in ATI Physical Therapy in the 2nd quarter worth about $126,000. Finally, Advisor Group Holdings Inc. purchased a new position in ATI Physical Therapy in the 2nd quarter worth about $136,000. Hedge funds and other institutional investors own 82.16% of the company’s stock.

A number of research analysts recently issued reports on ATIP shares. Zacks Investment Research upgraded ATI Physical Therapy from a “sell” rating to a “hold” rating in a research note on Tuesday, September 14th. Barrington Research cut ATI Physical Therapy from an “outperform” rating to a “market perform” rating and set a $3.98 price objective on the stock. in a report on Tuesday, July 27th. began coverage on ATI Physical Therapy in a report on Monday, July 12th. They set a “buy” rating and a $11.00 price objective on the stock. Citigroup lowered ATI Physical Therapy from a “buy” rating to a “neutral” rating and decreased their price target for the company from $11.00 to $5.00 in a report on Tuesday, July 27th. Finally, Jefferies Financial Group lowered ATI Physical Therapy from a “buy” rating to a “hold” rating and decreased their price target for the company from $12.00 to $5.00 in a report on Tuesday, July 27th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, ATI Physical Therapy currently has a consensus rating of “Hold” and an average target price of $5.94.

NYSE:ATIP opened at $3.61 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.66. ATI Physical Therapy, Inc. has a 52 week low of $2.81 and a 52 week high of $13.05. The company has a fifty day simple moving average of $3.93.

About ATI Physical Therapy

ATI Physical Therapy, Inc provides outpatient physical therapy services in the United States. It offers physical therapy, workers' comp rehab, sports medicine, hand therapy, women's health, specialty therapies, home health, complimentary injury screenings, and fitness centers through its 900 locations.

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Institutional Ownership by Quarter for ATI Physical Therapy (NYSE:ATIP)

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