Geode Capital Management LLC bought a new position in Guardian Pharmacy Services, Inc. (NYSE:GRDN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 200,964 shares of the company's stock, valued at approximately $4,073,000. Geode Capital Management LLC owned 0.32% of Guardian Pharmacy Services as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Franklin Resources Inc. bought a new stake in Guardian Pharmacy Services in the third quarter valued at $8,575,000. Barclays PLC purchased a new stake in shares of Guardian Pharmacy Services in the 3rd quarter worth about $311,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Guardian Pharmacy Services during the 4th quarter valued at about $544,000. Rhumbline Advisers purchased a new position in shares of Guardian Pharmacy Services during the fourth quarter valued at about $149,000. Finally, New York State Common Retirement Fund raised its stake in Guardian Pharmacy Services by 17.9% in the fourth quarter. New York State Common Retirement Fund now owns 278,548 shares of the company's stock worth $5,643,000 after buying an additional 42,368 shares in the last quarter.
Guardian Pharmacy Services Stock Performance
Shares of GRDN stock traded up $0.99 during mid-day trading on Friday, reaching $25.77. 17,736 shares of the company's stock traded hands, compared to its average volume of 148,614. The company's 50-day moving average price is $21.37 and its 200-day moving average price is $21.21. Guardian Pharmacy Services, Inc. has a 12 month low of $14.16 and a 12 month high of $25.89.
Analyst Upgrades and Downgrades
Separately, Truist Financial lifted their price objective on Guardian Pharmacy Services from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Friday, April 11th.
Read Our Latest Stock Analysis on GRDN
Guardian Pharmacy Services Company Profile
(
Free Report)
Guardian Pharmacy Services, Inc, a pharmacy service company, provides a suite of technology-enabled services designed to help residents of long-term health care facilities (LTCFs) in the United States. Its individualized clinical, drug dispensing, and administration capabilities are used to serve the needs of residents in lower acuity LTCFs, such as assisted living facilities and behavioral health facilities and group homes.
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