Alliancebernstein L.P. lifted its holdings in Genesis Healthcare, Inc. (NYSE:GEN) by 10.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 91,826 shares of the company’s stock after purchasing an additional 8,700 shares during the period. Alliancebernstein L.P. owned about 0.12% of Genesis Healthcare worth $160,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GEN. Great West Life Assurance Co. Can purchased a new stake in shares of Genesis Healthcare in the 2nd quarter worth approximately $114,000. BSW Wealth Partners purchased a new stake in shares of Genesis Healthcare in the 2nd quarter worth approximately $115,000. SG Americas Securities LLC purchased a new stake in shares of Genesis Healthcare in the 2nd quarter worth approximately $132,000. Schwab Charles Investment Management Inc. lifted its position in shares of Genesis Healthcare by 0.6% in the 2nd 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, Goldman Sachs Group Inc. lifted its position in shares of Genesis Healthcare by 201.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 85,362 shares of the company’s stock worth $225,000 after purchasing an additional 57,065 shares during the period. 15.71% of the stock is owned by hedge funds and other institutional investors.

Separately, Royal Bank Of Canada reissued a “hold” rating and set a $2.00 target price on shares of Genesis Healthcare in a research report on Wednesday, September 13th.

Shares of Genesis Healthcare, Inc. (GEN) opened at $0.90 on Wednesday. Genesis Healthcare, Inc. has a 52-week low of $0.84 and a 52-week high of $4.75. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of -0.22.

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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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Institutional Ownership by Quarter for Genesis Healthcare (NYSE:GEN)

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