Two Sigma Advisers LP lifted its position in PACS Group, Inc. (NYSE:PACS - Free Report) by 800.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 435,800 shares of the company's stock after buying an additional 387,400 shares during the period. Two Sigma Advisers LP owned approximately 0.29% of PACS Group worth $5,713,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cohen & Steers Inc. grew its position in shares of PACS Group by 1.5% in the 4th quarter. Cohen & Steers Inc. now owns 9,721,887 shares of the company's stock worth $127,437,000 after buying an additional 139,767 shares during the last quarter. Wellington Management Group LLP boosted its stake in PACS Group by 16.3% in the 4th quarter. Wellington Management Group LLP now owns 6,254,909 shares of the company's stock worth $82,002,000 after purchasing an additional 878,358 shares in the last quarter. Vanguard Group Inc. boosted its stake in PACS Group by 6.4% in the 4th quarter. Vanguard Group Inc. now owns 3,929,545 shares of the company's stock worth $51,516,000 after purchasing an additional 237,069 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in PACS Group by 6.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,350,842 shares of the company's stock worth $17,710,000 after purchasing an additional 78,122 shares in the last quarter. Finally, Crewe Advisors LLC boosted its stake in PACS Group by 66,972.9% in the 4th quarter. Crewe Advisors LLC now owns 1,112,068 shares of the company's stock worth $14,579,000 after purchasing an additional 1,110,410 shares in the last quarter.
PACS Group Price Performance
PACS stock traded down $0.04 during trading on Friday, reaching $9.90. The company had a trading volume of 32,039 shares, compared to its average volume of 784,942. The firm has a 50-day simple moving average of $10.03 and a 200-day simple moving average of $12.77. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.82. PACS Group, Inc. has a twelve month low of $8.28 and a twelve month 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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