Columbia Pacific Advisors LLC lowered its stake in Genesis Healthcare Inc (NYSE:GEN) by 15.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,928,354 shares of the company’s stock after selling 1,232,719 shares during the period. Genesis Healthcare makes up 7.9% of Columbia Pacific Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Columbia Pacific Advisors LLC’s holdings in Genesis Healthcare were worth $5,286,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of GEN. Teachers Advisors LLC boosted its position in Genesis Healthcare by 23.2% in the second quarter. Teachers Advisors LLC now owns 62,497 shares of the company’s stock valued at $109,000 after buying an additional 11,753 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Genesis Healthcare by 6.2% in the second quarter. Goldman Sachs Group Inc. now owns 90,612 shares of the company’s stock valued at $158,000 after buying an additional 5,250 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Genesis Healthcare by 10.5% during the second quarter. Alliancebernstein L.P. now owns 91,826 shares of the company’s stock worth $160,000 after purchasing an additional 8,700 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in shares of Genesis Healthcare by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 105,432 shares of the company’s stock worth $184,000 after purchasing an additional 646 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Genesis Healthcare during the fourth quarter worth $203,000. Hedge funds and other institutional investors own 18.93% of the company’s stock.
Genesis Healthcare Inc (GEN) opened at $1.59 on Tuesday. The company has a debt-to-equity ratio of -0.22, a quick ratio of 0.18 and a current ratio of 0.18. Genesis Healthcare Inc has a fifty-two week low of $0.60 and a fifty-two week high of $2.83.
Genesis Healthcare Profile
Genesis Healthcare, Inc is a holding company that provides post-acute care. The Company operates through three segments: inpatient services, which includes the operation of skilled nursing facilities and assisted or senior living facilities; rehabilitation therapy services, which includes its integrated and third-party rehabilitation and respiratory therapy services, and all other services.
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