Wellington Management Group LLP Raises Position in PACS Group, Inc. (NYSE:PACS)

Wellington Management Group LLP increased its stake in PACS Group, Inc. (NYSE:PACS - Free Report) by 16.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,254,909 shares of the company's stock after purchasing an additional 878,358 shares during the quarter. Wellington Management Group LLP owned approximately 4.10% of PACS Group worth $82,002,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PACS. Barclays PLC grew 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 valued at $2,532,000 after purchasing an additional 54,932 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of PACS Group by 40.3% during the fourth quarter. SG Americas Securities LLC now owns 19,249 shares of the company's stock valued at $252,000 after buying an additional 5,528 shares during the period. Crewe Advisors LLC boosted its position in shares of PACS Group by 66,972.9% during the fourth quarter. Crewe Advisors LLC now owns 1,112,068 shares of the company's stock valued at $14,579,000 after buying an additional 1,110,410 shares during the period. Bleakley Financial Group LLC purchased a new position in shares of PACS Group during the fourth quarter valued at approximately $179,000. Finally, Savant Capital LLC purchased a new position in shares of PACS Group during the fourth quarter valued at approximately $142,000.

PACS Group Trading Down 0.9%

Shares of NYSE:PACS traded down $0.09 during trading hours on Monday, hitting $9.83. 353,632 shares of the company's stock traded hands, compared to its average volume of 788,378. PACS Group, Inc. has a 1 year low of $8.28 and a 1 year high of $43.92. The business has a fifty day moving average price of $9.93 and a 200-day moving average price of $12.47. 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 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.