PACS Group, Inc. (NYSE:PACS) Holdings Lifted by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in PACS Group, Inc. (NYSE:PACS) by 45.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,855 shares of the company’s stock after acquiring an additional 3,391 shares during the quarter. ProShare Advisors LLC’s holdings in PACS Group were worth $142,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of PACS. Man Group plc bought a new stake in shares of PACS Group during the 4th quarter worth $9,760,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of PACS Group in the 4th quarter valued at $2,123,000. Janus Henderson Group PLC increased its stake in PACS Group by 4,211.6% in the 4th quarter. Janus Henderson Group PLC now owns 577,761 shares of the company’s stock worth $7,574,000 after purchasing an additional 564,361 shares in the last quarter. Deutsche Bank AG raised its holdings in PACS Group by 53.2% during the 4th quarter. Deutsche Bank AG now owns 33,053 shares of the company’s stock worth $433,000 after buying an additional 11,475 shares during the period. Finally, D. E. Shaw & Co. Inc. purchased a new stake in PACS Group during the fourth quarter valued at about $702,000.

PACS Group Stock Down 0.9%

Shares of PACS opened at $9.83 on Tuesday. The company has a 50-day moving average of $9.93 and a two-hundred day moving average of $12.47. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.82. PACS Group, Inc. has a one year low of $8.28 and a one year high of $43.92.

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.