PACS Group, Inc. (NYSE:PACS) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC reduced its position in shares of PACS Group, Inc. (NYSE:PACS - Free Report) by 70.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,237 shares of the company's stock after selling 239,829 shares during the period. Nuveen Asset Management LLC owned about 0.07% of PACS Group worth $1,327,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of PACS. Barclays PLC boosted its position in shares of PACS Group by 651.3% during the third quarter. Barclays PLC now owns 63,366 shares of the company's stock worth $2,532,000 after buying an additional 54,932 shares during the period. SG Americas Securities LLC boosted its holdings in PACS Group by 40.3% in the fourth quarter. SG Americas Securities LLC now owns 19,249 shares of the company's stock valued at $252,000 after purchasing an additional 5,528 shares during the period. Crewe Advisors LLC boosted its holdings in PACS Group by 66,972.9% in the fourth quarter. Crewe Advisors LLC now owns 1,112,068 shares of the company's stock valued at $14,579,000 after purchasing an additional 1,110,410 shares during the period. Bleakley Financial Group LLC purchased a new position in PACS Group in the fourth quarter valued at $179,000. Finally, Savant Capital LLC purchased a new position in PACS Group in the fourth quarter valued at $142,000.

PACS Group Price Performance

NYSE:PACS traded up $0.20 during midday trading on Thursday, reaching $10.37. The company had a trading volume of 500,688 shares, compared to its average volume of 788,759. The stock's fifty day simple moving average is $9.91 and its 200-day simple moving average is $12.45. PACS Group, Inc. has a 12-month low of $8.28 and a 12-month high of $43.92. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.82.

About PACS Group

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.