Two Sigma Investments LP grew its holdings in shares of PACS Group, Inc. (NYSE:PACS - Free Report) by 868.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 759,534 shares of the company's stock after purchasing an additional 681,116 shares during the quarter. Two Sigma Investments LP owned about 0.50% of PACS Group worth $9,957,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in PACS Group by 6.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,350,842 shares of the company's stock valued at $17,710,000 after buying an additional 78,122 shares in the last quarter. Barclays PLC boosted its position in 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 purchasing an additional 54,932 shares during the period. Teacher Retirement System of Texas grew its holdings in PACS Group by 526.1% during the fourth quarter. Teacher Retirement System of Texas now owns 56,210 shares of the company's stock valued at $737,000 after purchasing an additional 47,232 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of PACS Group in the fourth quarter valued at approximately $772,000. Finally, Peterson Wealth Services acquired a new stake in shares of PACS Group in the fourth quarter worth $488,000.
PACS Group Price Performance
NYSE:PACS traded down $0.08 during midday trading on Friday, reaching $9.85. The stock had a trading volume of 28,567 shares, compared to its average volume of 784,919. PACS Group, Inc. has a 1-year low of $8.28 and a 1-year 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. The firm's fifty day simple moving average is $10.03 and its 200-day simple moving average is $12.77.
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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