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320,000 Shares in PACS Group, Inc. (NYSE:PACS) Bought by Paradigm Capital Management Inc. NY

PACS Group logo with Medical background

Paradigm Capital Management Inc. NY purchased a new position in PACS Group, Inc. (NYSE:PACS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 320,000 shares of the company's stock, valued at approximately $4,195,000. Paradigm Capital Management Inc. NY owned 0.21% of PACS Group at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State of Wyoming bought a new stake in PACS Group in the 4th quarter worth approximately $47,000. KLP Kapitalforvaltning AS bought a new stake in PACS Group during the 4th quarter valued at about $126,000. Savant Capital LLC bought a new stake in shares of PACS Group during the fourth quarter valued at approximately $142,000. ProShare Advisors LLC lifted its holdings in shares of PACS Group by 45.4% in the 4th quarter. ProShare Advisors LLC now owns 10,855 shares of the company's stock worth $142,000 after buying an additional 3,391 shares during the period. Finally, XTX Topco Ltd bought a new position in PACS Group during the 4th quarter worth about $161,000.

PACS Group Stock Down 1.5%

Shares of PACS Group stock opened at $10.65 on Tuesday. PACS Group, Inc. has a one year low of $8.28 and a one year high of $43.92. The company has a 50-day simple moving average of $10.29 and a two-hundred day simple moving average of $13.30. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.82.

PACS Group Company Profile

(Free Report)

PACS Group, Inc, through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.

See Also

Institutional Ownership by Quarter for PACS Group (NYSE:PACS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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