D. E. Shaw & Co. Inc. bought a new position in shares of PACS Group, Inc. (NYSE:PACS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 53,585 shares of the company's stock, valued at approximately $702,000.
Several other institutional investors have also recently added to or reduced their stakes in PACS. KLP Kapitalforvaltning AS acquired a new stake in PACS Group during the fourth quarter worth approximately $126,000. Savant Capital LLC acquired a new stake in PACS Group during the 4th quarter worth $142,000. XTX Topco Ltd purchased a new stake in PACS Group in the fourth quarter valued at $161,000. ExodusPoint Capital Management LP acquired a new position in PACS Group in the fourth quarter valued at $174,000. Finally, Arizona State Retirement System boosted its stake in PACS Group by 53.9% in the fourth quarter. Arizona State Retirement System now owns 13,510 shares of the company's stock valued at $177,000 after acquiring an additional 4,734 shares in the last quarter.
PACS Group Trading Up 1.1%
Shares of PACS Group stock traded up $0.11 during trading on Thursday, reaching $9.91. The company's stock had a trading volume of 185,152 shares, compared to its average volume of 787,935. The company has a 50-day moving average price of $10.03 and a two-hundred day moving average price of $12.77. PACS Group, Inc. has a fifty-two week low of $8.28 and a fifty-two week high of $43.92. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.71 and a current ratio of 1.71.
PACS Group 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.
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