Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Holdings Trimmed by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 94.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,189 shares of the company’s stock after selling 265,031 shares during the quarter. BNP Paribas Financial Markets’ holdings in Acadia Healthcare were worth $642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of ACHC. Ameriprise Financial Inc. lifted its stake in Acadia Healthcare by 209.0% in the 4th quarter. Ameriprise Financial Inc. now owns 431,225 shares of the company’s stock worth $17,098,000 after acquiring an additional 291,671 shares in the last quarter. Algert Global LLC acquired a new position in shares of Acadia Healthcare during the 4th quarter valued at about $334,000. Aryeh Capital Management Ltd. acquired a new position in shares of Acadia Healthcare during the 4th quarter valued at about $10,860,000. Caisse DE Depot ET Placement DU Quebec acquired a new stake in Acadia Healthcare in the 4th quarter valued at approximately $4,480,000. Finally, Freestone Grove Partners LP acquired a new stake in Acadia Healthcare in the 4th quarter valued at approximately $29,943,000.

Acadia Healthcare Stock Down 1.9%

Shares of Acadia Healthcare stock opened at $22.53 on Friday. Acadia Healthcare Company, Inc. has a 1 year low of $20.36 and a 1 year high of $82.41. The business has a 50-day moving average of $25.70 and a two-hundred day moving average of $34.95. The company has a market capitalization of $2.08 billion, a P/E ratio of 7.39, a price-to-earnings-growth ratio of 1.46 and a beta of 1.01. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07.

Acadia Healthcare (NASDAQ:ACHC) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. The business had revenue of $770.51 million during the quarter, compared to the consensus estimate of $769.90 million. During the same period last year, the company earned $0.84 earnings per share. Acadia Healthcare’s quarterly revenue was up .3% on a year-over-year basis. As a group, equities analysts predict that Acadia Healthcare Company, Inc. will post 3.38 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ACHC shares. Mizuho lowered their target price on Acadia Healthcare from $37.00 to $32.00 and set a “neutral” rating on the stock in a report on Wednesday, May 14th. Royal Bank of Canada reduced their price objective on Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating on the stock in a research note on Monday, March 3rd. Wall Street Zen raised Acadia Healthcare from a “sell” rating to a “hold” rating in a research note on Thursday. KeyCorp cut their price target on Acadia Healthcare from $65.00 to $55.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 14th. Finally, Bank of America cut their price target on Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating on the stock in a research note on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.94.

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.