Janus Henderson Group PLC Acquires 564,361 Shares of PACS Group, Inc. (NYSE:PACS)

Janus Henderson Group PLC raised its stake in shares of PACS Group, Inc. (NYSE:PACS - Free Report) by 4,211.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 577,761 shares of the company's stock after buying an additional 564,361 shares during the period. Janus Henderson Group PLC owned approximately 0.38% of PACS Group worth $7,574,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. KLP Kapitalforvaltning AS bought a new stake in PACS Group during the fourth quarter worth approximately $126,000. Savant Capital LLC purchased a new stake in shares of PACS Group during the 4th quarter worth about $142,000. XTX Topco Ltd acquired a new stake in shares of PACS Group during the 4th quarter valued at about $161,000. ExodusPoint Capital Management LP acquired a new stake in shares of PACS Group during the 4th quarter valued at about $174,000. Finally, Arizona State Retirement System grew its stake in shares of PACS Group by 53.9% in the 4th quarter. Arizona State Retirement System now owns 13,510 shares of the company's stock valued at $177,000 after buying an additional 4,734 shares in the last quarter.

PACS Group Stock Down 0.1%

NYSE:PACS traded down $0.01 during mid-day trading on Friday, reaching $9.79. The stock had a trading volume of 404,506 shares, compared to its average volume of 788,816. The business's 50 day moving average is $10.18 and its 200 day moving average is $13.11. 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, Inc. has a fifty-two week low of $8.28 and a fifty-two week high of $43.92.

PACS Group Company Profile

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.