Vaughan Nelson Investment Management L.P. grew its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC – Free Report) by 38.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,064,455 shares of the company’s stock after purchasing an additional 295,515 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 1.15% of Acadia Healthcare worth $42,206,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. GAMMA Investing LLC boosted its position in Acadia Healthcare by 57.1% during the third quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock worth $42,000 after acquiring an additional 241 shares during the last quarter. Blue Trust Inc. grew its position in shares of Acadia Healthcare by 69.4% in the fourth quarter. Blue Trust Inc. now owns 842 shares of the company’s stock valued at $33,000 after purchasing an additional 345 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Acadia Healthcare by 40.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock valued at $41,000 after purchasing an additional 301 shares during the last quarter. Covestor Ltd lifted its position in Acadia Healthcare by 834.4% during the third quarter. Covestor Ltd now owns 1,140 shares of the company’s stock worth $72,000 after buying an additional 1,018 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in Acadia Healthcare by 56.0% during the fourth quarter. Fifth Third Bancorp now owns 1,264 shares of the company’s stock worth $50,000 after buying an additional 454 shares during the last quarter.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on ACHC shares. TD Cowen reduced their price target on Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft raised shares of Acadia Healthcare from a “hold” rating to a “buy” rating and lifted their target price for the stock from $45.00 to $75.00 in a research note on Thursday, December 12th. Cantor Fitzgerald restated a “neutral” rating and set a $52.00 price target on shares of Acadia Healthcare in a report on Tuesday, December 10th. StockNews.com cut Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Monday, January 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $64.00 target price on shares of Acadia Healthcare in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Acadia Healthcare has an average rating of “Moderate Buy” and a consensus price target of $70.22.
Acadia Healthcare Stock Down 1.8 %
Shares of NASDAQ:ACHC opened at $41.96 on Friday. The firm has a market capitalization of $3.90 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 1.75 and a beta of 1.30. Acadia Healthcare Company, Inc. has a 1 year low of $36.50 and a 1 year high of $87.77. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. The firm’s 50-day moving average is $42.10 and its two-hundred day moving average is $54.83.
Acadia Healthcare Company Profile
Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities.
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