PACS Group, Inc. (NYSE:PACS - Get Free Report)'s share price traded down 0.6% on Wednesday . The stock traded as low as $12.03 and last traded at $12.37. 768,757 shares were traded during mid-day trading, a decline of 5% from the average session volume of 808,942 shares. The stock had previously closed at $12.45.
PACS Group Price Performance
The firm has a 50-day moving average of $11.45 and a two-hundred day moving average of $11.84.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Balyasny Asset Management L.P. boosted its position in shares of PACS Group by 1,212.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,097,578 shares of the company's stock worth $14,389,000 after buying an additional 1,013,920 shares during the period. Invesco Ltd. boosted its position in shares of PACS Group by 6,291.1% during the fourth quarter. Invesco Ltd. now owns 969,721 shares of the company's stock worth $12,713,000 after buying an additional 954,548 shares during the period. Wellington Management Group LLP boosted its position in shares of PACS Group by 16.3% during the fourth quarter. Wellington Management Group LLP now owns 6,254,909 shares of the company's stock worth $82,002,000 after buying an additional 878,358 shares during the period. Man Group plc purchased a new position in shares of PACS Group during the fourth quarter worth $9,760,000. Finally, Two Sigma Investments LP boosted its position in shares of PACS Group by 868.6% during the fourth quarter. Two Sigma Investments LP now owns 759,534 shares of the company's stock worth $9,957,000 after buying an additional 681,116 shares during the period.
About PACS Group
(
Get 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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