Candriam Luxembourg S.C.A. Acquires New Holdings in Acadia Healthcare Company, Inc. (ACHC)

Candriam Luxembourg S.C.A. acquired a new position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $478,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Acadia Healthcare by 95.2% during the second quarter. State Street Corp now owns 1,998,030 shares of the company’s stock valued at $98,667,000 after purchasing an additional 974,524 shares during the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of Acadia Healthcare by 2,358.9% during the second quarter. BNP Paribas Arbitrage SA now owns 28,843 shares of the company’s stock valued at $1,424,000 after purchasing an additional 27,670 shares during the last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of Acadia Healthcare by 47.8% during the second quarter. Mutual of America Capital Management LLC now owns 409,179 shares of the company’s stock valued at $20,205,000 after purchasing an additional 132,356 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Acadia Healthcare by 5.3% during the second quarter. American Century Companies Inc. now owns 130,941 shares of the company’s stock valued at $6,466,000 after purchasing an additional 6,553 shares during the last quarter. Finally, Oak Ridge Investments LLC lifted its holdings in shares of Acadia Healthcare by 2.8% during the second quarter. Oak Ridge Investments LLC now owns 951,981 shares of the company’s stock valued at $47,009,000 after purchasing an additional 26,043 shares during the last quarter.

Several equities analysts have recently issued reports on the stock. Credit Suisse Group assumed coverage on shares of Acadia Healthcare in a report on Thursday, November 2nd. They set a “neutral” rating and a $35.00 target price for the company. Mizuho reiterated a “neutral” rating on shares of Acadia Healthcare in a report on Monday, October 30th. BMO Capital Markets lowered their target price on shares of Acadia Healthcare from $52.00 to $48.00 and set an “outperform” rating for the company in a report on Thursday, October 26th. Craig Hallum reiterated a “buy” rating and set a $41.00 target price (down from $65.00) on shares of Acadia Healthcare in a report on Thursday, October 26th. Finally, Jefferies Group LLC set a $42.00 target price on shares of Acadia Healthcare and gave the company a “buy” rating in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $45.15.

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Shares of Acadia Healthcare Company, Inc. (NASDAQ ACHC) opened at $29.01 on Tuesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.36 and a quick ratio of 1.36. Acadia Healthcare Company, Inc. has a 1 year low of $26.92 and a 1 year high of $54.34. The company has a market cap of $2,550.00, a P/E ratio of 13.03, a price-to-earnings-growth ratio of 1.11 and a beta of 0.89.

Acadia Healthcare (NASDAQ:ACHC) last posted its earnings results on Tuesday, October 24th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.07). Acadia Healthcare had a return on equity of 8.57% and a net margin of 6.07%. The company had revenue of $716.70 million during the quarter, compared to the consensus estimate of $728.86 million. During the same period last year, the firm posted $0.58 EPS. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. equities analysts expect that Acadia Healthcare Company, Inc. will post 2.23 earnings per share for the current year.

Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.

Institutional Ownership by Quarter for Acadia Healthcare (NASDAQ:ACHC)

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