Sterling Capital Management LLC Has $216,000 Stock Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Sterling Capital Management LLC raised its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 59.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,456 shares of the company’s stock after acquiring an additional 2,026 shares during the period. Sterling Capital Management LLC’s holdings in Acadia Healthcare were worth $216,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Lindbrook Capital LLC increased its stake in Acadia Healthcare by 1,342.0% during the 4th quarter. Lindbrook Capital LLC now owns 721 shares of the company’s stock valued at $29,000 after purchasing an additional 671 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Acadia Healthcare by 69.4% during the fourth quarter. Blue Trust Inc. now owns 842 shares of the company’s stock valued at $33,000 after buying an additional 345 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of Acadia Healthcare by 40.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock worth $41,000 after acquiring an additional 301 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Acadia Healthcare by 460.6% in the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company’s stock worth $48,000 after acquiring an additional 1,004 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its position in Acadia Healthcare by 287.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company’s stock valued at $50,000 after acquiring an additional 933 shares in the last quarter.

Acadia Healthcare Stock Up 0.3 %

ACHC stock opened at $23.91 on Monday. Acadia Healthcare Company, Inc. has a fifty-two week low of $23.36 and a fifty-two week high of $82.41. The stock has a fifty day moving average of $31.39 and a 200-day moving average of $39.67. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 7.84, a PEG ratio of 1.46 and a beta of 1.13. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Guggenheim initiated coverage on Acadia Healthcare in a report on Wednesday, April 9th. They issued a “buy” rating and a $36.00 target price on the stock. StockNews.com downgraded shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Monday, January 6th. Royal Bank of Canada lowered their target price on shares of Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating for the company in a report on Monday, March 3rd. Barclays cut shares of Acadia Healthcare from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $43.00 to $35.00 in a report on Friday, February 28th. Finally, Bank of America decreased their price objective on shares of Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating for the company in a research note on Friday, February 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.39.

Acadia Healthcare 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.