Mackenzie Financial Corp Purchases New Holdings in PACS Group, Inc. (NYSE:PACS)

Mackenzie Financial Corp bought a new stake in PACS Group, Inc. (NYSE:PACS - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 31,497 shares of the company's stock, valued at approximately $413,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. State of Wyoming acquired a new stake in shares of PACS Group during the 4th quarter worth approximately $47,000. KLP Kapitalforvaltning AS bought a new stake in shares of PACS Group during the 4th quarter worth about $126,000. Savant Capital LLC acquired a new stake in shares of PACS Group in the 4th quarter worth approximately $142,000. ProShare Advisors LLC boosted its stake in PACS Group by 45.4% during the 4th quarter. ProShare Advisors LLC now owns 10,855 shares of the company's stock valued at $142,000 after purchasing an additional 3,391 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in PACS Group during the fourth quarter valued at about $161,000.

PACS Group Trading Up 1.9%

Shares of PACS traded up $0.20 during trading hours on Thursday, hitting $10.37. 500,688 shares of the company were exchanged, compared to its average volume of 788,759. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.71 and a current ratio of 1.71. The firm has a fifty day simple moving average of $9.91 and a 200-day simple moving average of $12.45. PACS Group, Inc. has a one year low of $8.28 and a one year high of $43.92.

PACS Group 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.