Voya Investment Management LLC lessened its stake in PACS Group, Inc. (NYSE:PACS - Free Report) by 97.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,909 shares of the company's stock after selling 562,529 shares during the period. Voya Investment Management LLC's holdings in PACS Group were worth $156,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in PACS. Rhumbline Advisers grew its stake in shares of PACS Group by 2.5% in the 4th quarter. Rhumbline Advisers now owns 50,540 shares of the company's stock valued at $663,000 after buying an additional 1,217 shares during the period. MetLife Investment Management LLC grew its position in shares of PACS Group by 6.6% during the 4th quarter. MetLife Investment Management LLC now owns 24,539 shares of the company's stock valued at $322,000 after acquiring an additional 1,527 shares during the period. Wells Fargo & Company MN raised its stake in shares of PACS Group by 6.8% in the fourth quarter. Wells Fargo & Company MN now owns 34,317 shares of the company's stock valued at $450,000 after buying an additional 2,196 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of PACS Group by 20.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,524 shares of the company's stock worth $204,000 after buying an additional 2,598 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in shares of PACS Group by 53.9% during the 4th quarter. Arizona State Retirement System now owns 13,510 shares of the company's stock valued at $177,000 after acquiring an additional 4,734 shares during the last quarter.
PACS Group Stock Up 0.6%
Shares of NYSE PACS traded up $0.07 during mid-day trading on Tuesday, reaching $10.72. 13,992 shares of the company were exchanged, compared to its average volume of 788,223. 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 company's 50 day moving average price is $10.29 and its 200 day moving average price is $13.30. PACS Group, Inc. has a 52 week low of $8.28 and a 52 week 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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