Dimensional Fund Advisors LP Trims Stock Holdings in PACS Group, Inc. (NYSE:PACS)

Dimensional Fund Advisors LP cut its holdings in shares of PACS Group, Inc. (NYSE:PACS) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,040 shares of the company’s stock after selling 1,346 shares during the period. Dimensional Fund Advisors LP’s holdings in PACS Group were worth $184,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in PACS. Cohen & Steers Inc. boosted its holdings in shares of PACS Group by 1.5% in the fourth quarter. Cohen & Steers Inc. now owns 9,721,887 shares of the company’s stock valued at $127,437,000 after acquiring an additional 139,767 shares during the period. Wellington Management Group LLP raised its position in PACS Group by 16.3% in the fourth quarter. Wellington Management Group LLP now owns 6,254,909 shares of the company’s stock worth $82,002,000 after acquiring an additional 878,358 shares in the last quarter. Vanguard Group Inc. lifted its holdings in PACS Group by 6.4% in the fourth quarter. Vanguard Group Inc. now owns 3,929,545 shares of the company’s stock valued at $51,516,000 after acquiring an additional 237,069 shares during the period. JPMorgan Chase & Co. lifted its holdings in PACS Group by 6.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,350,842 shares of the company’s stock valued at $17,710,000 after acquiring an additional 78,122 shares during the period. Finally, 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 buying an additional 1,110,410 shares in the last quarter.

PACS Group Price Performance

Shares of NYSE:PACS opened at $10.75 on Friday. The stock’s fifty day simple moving average is $10.32 and its 200-day simple moving average is $13.73. PACS Group, Inc. has a 52-week low of $8.28 and a 52-week 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.

PACS Group 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.