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Franklin Resources Inc. Increases Stake in Guardian Pharmacy Services, Inc. (NYSE:GRDN)

Guardian Pharmacy Services logo with Medical background
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Franklin Resources Inc. lifted its position in shares of Guardian Pharmacy Services, Inc. (NYSE:GRDN - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 513,029 shares of the company's stock after acquiring an additional 13,029 shares during the quarter. Franklin Resources Inc. owned 0.81% of Guardian Pharmacy Services worth $10,394,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Wellington Management Group LLP acquired a new stake in Guardian Pharmacy Services in the 3rd quarter valued at $8,400,000. New York State Common Retirement Fund increased its stake in shares of Guardian Pharmacy Services by 17.9% during the fourth quarter. New York State Common Retirement Fund now owns 278,548 shares of the company's stock worth $5,643,000 after purchasing an additional 42,368 shares in the last quarter. Royce & Associates LP lifted its stake in Guardian Pharmacy Services by 185.3% in the 4th quarter. Royce & Associates LP now owns 214,000 shares of the company's stock valued at $4,336,000 after buying an additional 139,000 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in Guardian Pharmacy Services in the 4th quarter worth about $544,000. Finally, Calamos Advisors LLC increased its stake in Guardian Pharmacy Services by 124.7% during the 4th quarter. Calamos Advisors LLC now owns 24,725 shares of the company's stock worth $501,000 after buying an additional 13,720 shares in the last quarter.

Analysts Set New Price Targets

Separately, Truist Financial raised their target price on Guardian Pharmacy Services from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Friday.

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View Our Latest Stock Analysis on GRDN

Guardian Pharmacy Services Price Performance

Shares of NYSE GRDN traded up $0.34 during mid-day trading on Monday, reaching $23.21. The company's stock had a trading volume of 8,570 shares, compared to its average volume of 153,979. Guardian Pharmacy Services, Inc. has a 1-year low of $14.16 and a 1-year high of $25.74. The stock has a 50-day moving average of $20.43 and a two-hundred day moving average of $20.64.

About Guardian Pharmacy Services

(Free Report)

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.

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Institutional Ownership by Quarter for Guardian Pharmacy Services (NYSE:GRDN)

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