Rhumbline Advisers Takes $149,000 Position in Guardian Pharmacy Services, Inc. (NYSE:GRDN)

Rhumbline Advisers bought a new stake in Guardian Pharmacy Services, Inc. (NYSE:GRDN) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,369 shares of the company’s stock, valued at approximately $149,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd purchased a new stake in shares of Guardian Pharmacy Services in the fourth quarter valued at about $30,000. Investment Research & Advisory Group Inc. purchased a new stake in shares of Guardian Pharmacy Services in the fourth quarter valued at about $34,000. Compass Financial Services Inc purchased a new stake in shares of Guardian Pharmacy Services in the fourth quarter valued at about $58,000. Virtu Financial LLC acquired a new stake in shares of Guardian Pharmacy Services in the third quarter valued at about $279,000. Finally, Barclays PLC acquired a new stake in shares of Guardian Pharmacy Services in the third quarter valued at about $311,000.

Guardian Pharmacy Services Stock Down 0.5 %

Shares of NYSE GRDN opened at $18.37 on Tuesday. Guardian Pharmacy Services, Inc. has a 52 week low of $14.16 and a 52 week high of $25.74. The company has a 50-day moving average of $20.49.

Analyst Upgrades and Downgrades

Separately, Truist Financial raised their price objective on shares of Guardian Pharmacy Services from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, November 15th.

About Guardian Pharmacy Services

Guardian Pharmacy Services, Inc, a pharmacy service company, provides a suite of technology-enabled services designed to help residents of long-term health care facilities (LTCFs) in the United States. Its individualized clinical, drug dispensing, and administration capabilities are used to serve the needs of residents in lower acuity LTCFs, such as assisted living facilities and behavioral health facilities and group homes.