Published on 12 May 2022 on Insider Monkey via Yahoo Finance

Should You Already Consider Disposing Your ATI Physical Therapy (ATIP) Stake?

Bernzott Capital Advisors, an investment management firm, published its “US Small Cap Value Fund” first quarter 2022 investor letter – a copy of which can be downloaded here. The portfolio fell -4.6% (gross), modestly below the Russell 2000 Value’s decline of -2.4% and the Russell 2500 Value’s decline of -1.5% for the first quarter of 2022. Try to spend some time taking a look at the fund’s top 5 holdings to be informed about their best picks for 2022.

In its Q1 2022 investor letter, Bernzott Capital US Small Cap Value Fund mentioned ATI Physical Therapy, Inc. (NYSE:ATIP) and explained its insights for the company. Founded in 1996, ATI Physical Therapy, Inc. (NYSE:ATIP) is a Bolingbrook, Illinois-based physical therapy services provider with a $293.4 million market capitalization. ATI Physical Therapy, Inc. (NYSE:ATIP) delivered a -59.44% return since the beginning of the year, while its 12-month returns are down by -86.24%. The stock closed at $1.45 per share on May 09, 2022.

Here is what Bernzott Capital US Small Cap Value Fund has to say about ATI Physical Therapy, Inc. (NYSE:ATIP) in its Q1 2022 investor letter: