Sei Investments Co. Decreases Stock Holdings in Guardian Pharmacy Services, Inc. (NYSE:GRDN)

Sei Investments Co. reduced its stake in shares of Guardian Pharmacy Services, Inc. (NYSE:GRDN - Free Report) by 58.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 54,755 shares of the company's stock after selling 77,098 shares during the period. Sei Investments Co. owned approximately 0.09% of Guardian Pharmacy Services worth $1,109,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GRDN. Quantbot Technologies LP acquired a new stake in Guardian Pharmacy Services during the fourth quarter valued at $81,000. Royce & Associates LP increased its stake in shares of 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 purchasing an additional 139,000 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in Guardian Pharmacy Services in the 4th quarter worth about $544,000. Bank of New York Mellon Corp purchased a new position in Guardian Pharmacy Services during the fourth quarter worth approximately $276,000. Finally, New York State Common Retirement Fund grew its holdings in Guardian Pharmacy Services by 17.9% in the fourth quarter. New York State Common Retirement Fund now owns 278,548 shares of the company's stock valued at $5,643,000 after purchasing an additional 42,368 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Truist Financial increased 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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Guardian Pharmacy Services Price Performance

Shares of Guardian Pharmacy Services stock traded up $1.05 during mid-day trading on Friday, reaching $22.81. 108,834 shares of the stock traded hands, compared to its average volume of 155,016. The business has a 50-day moving average of $20.43 and a 200 day moving average of $20.64. Guardian Pharmacy Services, Inc. has a fifty-two week low of $14.16 and a fifty-two week high of $25.74.

Guardian Pharmacy Services Profile

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.