BNP Paribas Financial Markets lifted its stake in shares of PACS Group, Inc. (NYSE:PACS - Free Report) by 691.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 487,092 shares of the company's stock after acquiring an additional 425,580 shares during the period. BNP Paribas Financial Markets owned approximately 0.32% of PACS Group worth $6,386,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in PACS. Barclays PLC increased its position in shares of PACS Group by 651.3% in the third quarter. Barclays PLC now owns 63,366 shares of the company's stock valued at $2,532,000 after acquiring an additional 54,932 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of PACS Group in the fourth quarter valued at about $772,000. SG Americas Securities LLC increased its position in shares of 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 acquiring an additional 5,528 shares during the last quarter. Crewe Advisors LLC increased its position in shares of 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 acquiring an additional 1,110,410 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in shares of PACS Group in the fourth quarter valued at about $179,000.
PACS Group Price Performance
Shares of NYSE:PACS traded up $0.09 during midday trading on Friday, reaching $10.75. The company had a trading volume of 1,061,496 shares, compared to its average volume of 793,299. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.71 and a quick ratio of 1.71. The business's 50 day moving average price is $10.32 and its 200 day moving average price is $13.73. PACS Group, Inc. has a 1-year low of $8.28 and a 1-year 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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