3,446 Shares in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Bought by Verition Fund Management LLC

Verition Fund Management LLC acquired a new position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC – Get Rating) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,446 shares of the company’s stock, valued at approximately $269,000.

A number of other large investors have also recently bought and sold shares of the business. Advisor Group Holdings Inc. boosted its holdings in Acadia Healthcare by 21.3% during the first quarter. Advisor Group Holdings Inc. now owns 4,111 shares of the company’s stock valued at $270,000 after acquiring an additional 721 shares during the period. Bank of Montreal Can raised its position in shares of Acadia Healthcare by 3.8% during the first quarter. Bank of Montreal Can now owns 7,263 shares of the company’s stock valued at $477,000 after buying an additional 266 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Acadia Healthcare by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 32,961 shares of the company’s stock valued at $2,160,000 after buying an additional 3,143 shares during the last quarter. Great West Life Assurance Co. Can raised its position in shares of Acadia Healthcare by 7.4% during the first quarter. Great West Life Assurance Co. Can now owns 48,461 shares of the company’s stock valued at $3,262,000 after buying an additional 3,349 shares during the last quarter. Finally, Yousif Capital Management LLC raised its position in shares of Acadia Healthcare by 2.1% during the first quarter. Yousif Capital Management LLC now owns 48,080 shares of the company’s stock valued at $3,151,000 after buying an additional 982 shares during the last quarter. 99.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ACHC. Mizuho dropped their price target on shares of Acadia Healthcare from $87.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft cut their price objective on Acadia Healthcare from $82.00 to $75.00 and set a “hold” rating for the company in a report on Monday. Royal Bank of Canada dropped their target price on shares of Acadia Healthcare from $94.00 to $93.00 and set an “outperform” rating for the company in a research report on Monday, December 12th. Stephens reduced their price target on shares of Acadia Healthcare from $92.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 1st. Finally, Loop Capital raised shares of Acadia Healthcare from a “hold” rating to a “buy” rating and raised their price objective for the stock from $90.00 to $95.00 in a report on Monday, December 12th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $89.67.

Acadia Healthcare Price Performance

Shares of ACHC stock opened at $69.99 on Friday. Acadia Healthcare Company, Inc. has a 52-week low of $62.32 and a 52-week high of $89.85. The stock has a market cap of $6.39 billion, a PE ratio of 23.33, a PEG ratio of 1.53 and a beta of 1.31. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.30 and a current ratio of 1.30. The firm’s 50 day moving average price is $80.89 and its two-hundred day moving average price is $81.81.

Acadia Healthcare Profile

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Acadia Healthcare Co, Inc engages in the provision of behavioral healthcare services. It operates through the following business segments: United States (U.S.) Facilities and the United Kingdom (U.K.) Facilities. The U.S. Facilities segment is classified in the following categories: acute inpatient psychiatric facilities, specialty treatment facilities, residential treatment centers, and outpatient community-based services.