Acadia Healthcare Company Inc (ACHC) Holdings Reduced by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its position in Acadia Healthcare Company Inc (NASDAQ:ACHC) by 19.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,935 shares of the company’s stock after selling 4,214 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Acadia Healthcare were worth $631,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ACHC. Jennison Associates LLC boosted its holdings in Acadia Healthcare by 25.4% during the third quarter. Jennison Associates LLC now owns 473,392 shares of the company’s stock worth $16,663,000 after purchasing an additional 95,946 shares during the last quarter. Asymmetry Capital Management L.P. boosted its holdings in Acadia Healthcare by 45.5% during the third quarter. Asymmetry Capital Management L.P. now owns 186,631 shares of the company’s stock worth $6,569,000 after purchasing an additional 58,391 shares during the last quarter. Rhumbline Advisers boosted its holdings in Acadia Healthcare by 2.5% during the third quarter. Rhumbline Advisers now owns 152,573 shares of the company’s stock worth $5,371,000 after purchasing an additional 3,698 shares during the last quarter. Prudential Financial Inc. boosted its holdings in Acadia Healthcare by 4.8% during the third quarter. Prudential Financial Inc. now owns 288,631 shares of the company’s stock worth $10,160,000 after purchasing an additional 13,309 shares during the last quarter. Finally, Ffcm LLC boosted its holdings in Acadia Healthcare by 613.4% during the third quarter. Ffcm LLC now owns 10,886 shares of the company’s stock worth $688,000 after purchasing an additional 9,360 shares during the last quarter.

Several research analysts recently commented on ACHC shares. Craig Hallum cut shares of Acadia Healthcare from a “buy” rating to a “hold” rating in a report on Wednesday, October 17th. They noted that the move was a valuation call. BidaskClub upgraded shares of Acadia Healthcare from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 6th. Cantor Fitzgerald reiterated a “hold” rating and issued a $39.00 price target on shares of Acadia Healthcare in a research note on Thursday, October 18th. Mizuho set a $37.00 price target on shares of Acadia Healthcare and gave the company a “hold” rating in a research note on Tuesday, August 28th. Finally, ValuEngine upgraded shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a research note on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $42.27.

In other Acadia Healthcare news, Director Reeve B. Waud sold 41,865 shares of the stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $45.00, for a total value of $1,883,925.00. Following the completion of the sale, the director now owns 14,213 shares in the company, valued at $639,585. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 11.10% of the company’s stock.

Shares of ACHC stock opened at $32.01 on Friday. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 1.43 and a beta of 0.16. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. Acadia Healthcare Company Inc has a one year low of $28.02 and a one year high of $45.35.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings results on Monday, November 5th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.09). The firm had revenue of $760.90 million during the quarter, compared to analyst estimates of $760.46 million. Acadia Healthcare had a net margin of 7.43% and a return on equity of 7.71%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 EPS. As a group, equities research analysts predict that Acadia Healthcare Company Inc will post 2.3 earnings per share for the current fiscal year.

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Acadia Healthcare Profile

Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities. The company operates acute inpatient psychiatric facilities, which offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities, including residential recovery facilities, eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers, which treat patients with behavioral disorders in a non-hospital setting, including outdoor programs.

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

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