Persistent Asset Partners Ltd Invests $1.03 Million in PACS Group, Inc. $PACS

Posted by Francis Steltz on Jun 17th, 2026

Persistent Asset Partners Ltd acquired a new stake in PACS Group, Inc. (NYSE:PACS – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,940 shares of the company’s stock, valued at approximately $1,034,000.

Other hedge funds have also recently modified their holdings of the company. Hollencrest Capital Management purchased a new stake in shares of PACS Group in the fourth quarter valued at about $27,000. Quarry LP boosted its position in PACS Group by 79.5% during the third quarter. Quarry LP now owns 2,388 shares of the company’s stock worth $33,000 after acquiring an additional 1,058 shares during the last quarter. Larson Financial Group LLC grew its holdings in PACS Group by 127.0% in the 4th quarter. Larson Financial Group LLC now owns 1,094 shares of the company’s stock valued at $42,000 after buying an additional 612 shares during the period. Strategic Advocates LLC acquired a new position in shares of PACS Group in the 3rd quarter valued at $60,000. Finally, Jones Financial Companies Lllp acquired a new stake in PACS Group in the 1st quarter valued at $64,000.

Insiders Place Their Bets

In other PACS Group news, insider John Todd Mitchell sold 27,389 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $37.16, for a total value of $1,017,775.24. Following the sale, the insider directly owned 803,566 shares of the company’s stock, valued at $29,860,512.56. This trade represents a 3.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 70.10% of the stock is owned by corporate insiders.

PACS Group Price Performance

Shares of NYSE:PACS opened at $35.81 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.27. PACS Group, Inc. has a fifty-two week low of $7.50 and a fifty-two week high of $43.08. The firm has a 50-day simple moving average of $35.74 and a 200 day simple moving average of $35.93. The company has a market cap of $5.67 billion and a PE ratio of 22.96.

PACS Group (NYSE:PACS – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. PACS Group had a net margin of 4.49% and a return on equity of 26.47%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.36 billion. On average, sell-side analysts anticipate that PACS Group, Inc. will post 2.19 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Wall Street Zen upgraded shares of PACS Group from a “buy” rating to a “strong-buy” rating in a research note on Monday. Royal Bank Of Canada increased their price objective on shares of PACS Group from $47.00 to $52.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Zacks Research lowered PACS Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Oppenheimer lifted their target price on PACS Group from $42.00 to $48.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Truist Financial lifted their target price on PACS Group from $50.00 to $52.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $48.00.

View Our Latest Stock Report on PACS

About PACS Group

(Free Report)

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.