UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 19,831 Shares of PACS Group, Inc. (NYSE:PACS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of PACS Group, Inc. (NYSE:PACS) by 59.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,019 shares of the company’s stock after acquiring an additional 19,831 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in PACS Group were worth $695,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Rhumbline Advisers grew its position in PACS Group by 2.5% during the 4th quarter. Rhumbline Advisers now owns 50,540 shares of the company’s stock worth $663,000 after acquiring an additional 1,217 shares during the last quarter. MetLife Investment Management LLC grew its position in PACS Group by 6.6% during the 4th 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 during the last quarter. Wells Fargo & Company MN grew its position in PACS Group by 6.8% during the 4th quarter. Wells Fargo & Company MN now owns 34,317 shares of the company’s stock worth $450,000 after acquiring an additional 2,196 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position 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 acquiring an additional 2,598 shares during the last quarter. Finally, Bank of America Corp DE grew its position in PACS Group by 1.4% during the 4th quarter. Bank of America Corp DE now owns 189,886 shares of the company’s stock worth $2,489,000 after acquiring an additional 2,702 shares during the last quarter.

PACS Group Trading Down 0.5%

NYSE:PACS opened at $10.64 on Thursday. The stock’s fifty day moving average price is $9.91 and its two-hundred day moving average price is $12.21. PACS Group, Inc. has a 52-week low of $8.28 and a 52-week high of $43.92. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.82.

PACS Group Company 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.