Russell Investments Group Ltd. Boosts Stock Position in PACS Group, Inc. $PACS

Russell Investments Group Ltd. grew its stake in shares of PACS Group, Inc. (NYSE:PACS) by 17.4% during the 1st quarter, HoldingsChannel reports. The fund owned 365,985 shares of the company’s stock after buying an additional 54,114 shares during the period. Russell Investments Group Ltd.’s holdings in PACS Group were worth $4,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. MetLife Investment Management LLC lifted 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 shares of PACS Group by 3.6% during the first quarter. Rhumbline Advisers now owns 52,380 shares of the company’s stock worth $589,000 after acquiring an additional 1,840 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of PACS Group by 6.8% in the fourth quarter. Wells Fargo & Company MN now owns 34,317 shares of the company’s stock worth $450,000 after buying an additional 2,196 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of PACS Group by 20.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,524 shares of the company’s stock worth $204,000 after buying an additional 2,598 shares in the last quarter. Finally, Mackenzie Financial Corp raised its position in shares of PACS Group by 8.4% in the first quarter. Mackenzie Financial Corp now owns 34,153 shares of the company’s stock worth $384,000 after buying an additional 2,656 shares in the last quarter.

PACS Group Trading Up 2.4%

Shares of PACS stock opened at $12.0150 on Friday. PACS Group, Inc. has a 52-week low of $8.28 and a 52-week high of $43.92. The business’s fifty day moving average is $12.07 and its 200 day moving average is $11.44.

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.