According to Zacks, “ATI Physical Therapy Inc. is a portfolio company of Advent International as well as provider of outpatient physical therapy services. ATI Physical Therapy Inc., formerly known as Fortress Value Acquisition Corp. II, is based in NEW YORK. “
Several other analysts have also commented on the company. Citigroup dropped their price objective on ATI Physical Therapy from $3.50 to $2.25 in a report on Wednesday, March 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on ATI Physical Therapy in a research report on Wednesday, April 6th. They set a hold rating and a $2.00 target price on the stock. Jefferies Financial Group raised shares of ATI Physical Therapy from a hold rating to a buy rating and boosted their price target for the stock from $3.50 to $5.00 in a report on Friday, January 14th. Finally, Benchmark raised shares of ATI Physical Therapy from a hold rating to a buy rating and set a $4.00 price objective on the stock in a report on Friday, March 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of Hold and an average target price of $4.53.
Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. purchased a new position in ATI Physical Therapy in the 3rd quarter worth approximately $88,000. Advisor Group Holdings Inc. lifted its position in ATI Physical Therapy by 58.9% during the third quarter. Advisor Group Holdings Inc. now owns 22,633 shares of the company’s stock worth $87,000 after buying an additional 8,392 shares in the last quarter. Boston Partners acquired a new position in ATI Physical Therapy during the third quarter worth $185,000. Russell Investments Group Ltd. purchased a new stake in ATI Physical Therapy in the 3rd quarter valued at $528,000. Finally, We Are One Seven LLC purchased a new stake in ATI Physical Therapy in the 3rd quarter valued at $135,000. Institutional investors and hedge funds own 90.37% of the company’s stock.
ATI Physical Therapy Company Profile (Get Rating)
ATI Physical Therapy, Inc operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States. It offers a range of services to its patients, including physical therapy to treat spine, shoulder, knee, and neck injuries or pain; work conditioning and work hardening; and hand therapy, aquatic therapy, functional capacity assessment, and wellness programs.
- Get a free copy of the StockNews.com research report on ATI Physical Therapy (ATIP)
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