Assenagon Asset Management S.A. Grows Holdings in PACS Group, Inc. (NYSE:PACS)

Assenagon Asset Management S.A. grew its stake in shares of PACS Group, Inc. (NYSE:PACS) by 107.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,357 shares of the company’s stock after purchasing an additional 63,495 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.08% of PACS Group worth $1,375,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in PACS. State of Wyoming bought a new position in shares of PACS Group during the 4th quarter worth $47,000. KLP Kapitalforvaltning AS bought a new stake in shares of PACS Group in the fourth quarter valued at about $126,000. GAMMA Investing LLC lifted its stake in PACS Group by 2,363.1% in the first quarter. GAMMA Investing LLC now owns 12,488 shares of the company’s stock worth $140,000 after acquiring an additional 11,981 shares during the period. Savant Capital LLC bought a new position in PACS Group during the 4th quarter worth about $142,000. Finally, ProShare Advisors LLC increased its position in PACS Group by 45.4% during the 4th quarter. ProShare Advisors LLC now owns 10,855 shares of the company’s stock valued at $142,000 after purchasing an additional 3,391 shares during the period.

PACS Group Stock Performance

NYSE:PACS opened at $12.26 on Wednesday. The firm has a 50-day simple moving average of $9.97 and a 200-day simple moving average of $12.03. PACS Group, Inc. has a one year low of $8.28 and a one year high of $43.92.

About PACS Group

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.