Invesco Ltd. Has $9.12 Million Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Invesco Ltd. decreased its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 82.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 230,087 shares of the company’s stock after selling 1,087,943 shares during the quarter. Invesco Ltd. owned approximately 0.25% of Acadia Healthcare worth $9,123,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ACHC. Nisa Investment Advisors LLC boosted its holdings in Acadia Healthcare by 40.7% in the 4th 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 period. Pacer Advisors Inc. raised its position in shares of Acadia Healthcare by 2.4% during the fourth quarter. Pacer Advisors Inc. now owns 13,847 shares of the company’s stock valued at $549,000 after buying an additional 325 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Acadia Healthcare by 7.9% in the third quarter. Tidal Investments LLC now owns 4,664 shares of the company’s stock valued at $296,000 after buying an additional 340 shares during the period. Blue Trust Inc. grew its position in Acadia Healthcare by 69.4% during the fourth quarter. Blue Trust Inc. now owns 842 shares of the company’s stock worth $33,000 after buying an additional 345 shares in the last quarter. Finally, Fifth Third Bancorp increased 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 valued at $50,000 after acquiring an additional 454 shares during the period.

Acadia Healthcare Stock Performance

NASDAQ ACHC opened at $21.20 on Thursday. The company has a 50 day moving average of $30.17 and a 200-day moving average of $39.18. Acadia Healthcare Company, Inc. has a 1-year low of $20.36 and a 1-year high of $82.41. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 6.95, a PEG ratio of 1.46 and a beta of 1.13. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ACHC. Mizuho lowered their price objective on Acadia Healthcare from $48.00 to $37.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 25th. TD Cowen lowered their price target on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Barclays downgraded shares of Acadia Healthcare from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $43.00 to $35.00 in a report on Friday, February 28th. Guggenheim assumed coverage on shares of Acadia Healthcare in a research report on Wednesday, April 9th. They issued a “buy” rating and a $36.00 price target for the company. Finally, Royal Bank of Canada decreased their price objective on Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating on the stock in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $50.39.

About Acadia Healthcare

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.