Vanguard Group Inc. trimmed its holdings in shares of PACS Group, Inc. (NYSE:PACS – Free Report) by 1.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,882,415 shares of the company’s stock after selling 47,130 shares during the quarter. Vanguard Group Inc. owned 2.55% of PACS Group worth $43,638,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the stock. MetLife Investment Management LLC increased its position in shares of PACS Group by 6.6% during the fourth quarter. MetLife Investment Management LLC now owns 24,539 shares of the company’s stock worth $322,000 after acquiring an additional 1,527 shares in the last quarter. Rhumbline Advisers lifted its position in PACS Group by 3.6% in the 1st quarter. Rhumbline Advisers now owns 52,380 shares of the company’s stock valued at $589,000 after acquiring an additional 1,840 shares in the last quarter. Wells Fargo & Company MN boosted its stake in PACS Group by 6.8% in the 4th quarter. Wells Fargo & Company MN now owns 34,317 shares of the company’s stock worth $450,000 after purchasing an additional 2,196 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in PACS Group by 20.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,524 shares of the company’s stock worth $204,000 after purchasing an additional 2,598 shares in the last quarter. Finally, Mackenzie Financial Corp increased its holdings in PACS Group by 8.4% during the 1st quarter. Mackenzie Financial Corp now owns 34,153 shares of the company’s stock worth $384,000 after purchasing an additional 2,656 shares in the last quarter.
PACS Group Price Performance
PACS opened at $11.75 on Tuesday. The business’s 50-day moving average price is $12.10 and its two-hundred day moving average price is $11.38. PACS Group, Inc. has a 1 year low of $8.28 and a 1 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.
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