Ameriprise Financial Inc. reduced its holdings in PACS Group, Inc. (NYSE:PACS - Free Report) by 92.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,996 shares of the company's stock after selling 1,176,829 shares during the period. Ameriprise Financial Inc. owned approximately 0.06% of PACS Group worth $1,232,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. KLP Kapitalforvaltning AS acquired a new stake in shares of PACS Group in the fourth quarter worth $126,000. Savant Capital LLC bought a new stake in PACS Group in the 4th quarter valued at $142,000. XTX Topco Ltd bought a new stake in PACS Group in the 4th quarter valued at $161,000. ExodusPoint Capital Management LP acquired a new stake in PACS Group in the 4th quarter worth $174,000. Finally, Arizona State Retirement System increased its holdings in shares of PACS Group by 53.9% during the 4th quarter. Arizona State Retirement System now owns 13,510 shares of the company's stock worth $177,000 after purchasing an additional 4,734 shares during the period.
PACS Group Trading Down 0.4%
PACS traded down $0.04 on Wednesday, hitting $10.16. 369,360 shares of the stock traded hands, compared to its average volume of 789,911. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average price of $9.91 and a two-hundred day moving average price of $12.45. PACS Group, Inc. has a 52 week low of $8.28 and a 52 week high of $43.92.
About PACS Group
(
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.
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