Brown Advisory Inc. Invests $32.29 Million in Guardian Pharmacy Services, Inc. (NYSE:GRDN)

Brown Advisory Inc. bought a new stake in Guardian Pharmacy Services, Inc. (NYSE:GRDN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,593,954 shares of the company's stock, valued at approximately $32,294,000. Brown Advisory Inc. owned approximately 2.52% of Guardian Pharmacy Services at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. R Squared Ltd acquired a new position in Guardian Pharmacy Services in the 4th quarter worth about $30,000. Investment Research & Advisory Group Inc. bought a new position in Guardian Pharmacy Services in the 4th quarter valued at approximately $34,000. BNP Paribas Financial Markets acquired a new stake in Guardian Pharmacy Services during the 4th quarter worth approximately $37,000. Compass Financial Services Inc bought a new stake in Guardian Pharmacy Services during the 4th quarter worth approximately $58,000. Finally, JPMorgan Chase & Co. acquired a new position in Guardian Pharmacy Services in the 4th quarter valued at approximately $77,000.

Guardian Pharmacy Services Trading Up 0.5 %

Shares of GRDN traded up $0.13 during trading hours on Friday, hitting $25.61. 69,500 shares of the stock were exchanged, compared to its average volume of 146,700. Guardian Pharmacy Services, Inc. has a fifty-two week low of $14.16 and a fifty-two week high of $26.91. The business has a 50-day moving average of $22.13 and a 200-day moving average of $21.56.

Analyst Upgrades and Downgrades

Separately, Truist Financial upped their price target 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.

Guardian Pharmacy Services Profile

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.