Natixis Advisors LLC Cuts Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Natixis Advisors LLC trimmed its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 90.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,371 shares of the company’s stock after selling 176,920 shares during the period. Natixis Advisors LLC’s holdings in Acadia Healthcare were worth $557,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ACHC. Treasurer of the State of North Carolina boosted its stake in shares of Acadia Healthcare by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 40,005 shares of the company’s stock worth $1,586,000 after buying an additional 250 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of Acadia Healthcare by 4.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 6,470 shares of the company’s stock worth $257,000 after buying an additional 303 shares during the last quarter. Covestor Ltd boosted its stake in shares of Acadia Healthcare by 27.2% in the 4th quarter. Covestor Ltd now owns 1,450 shares of the company’s stock worth $58,000 after buying an additional 310 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Acadia Healthcare by 1.2% in the 1st quarter. LPL Financial LLC now owns 56,527 shares of the company’s stock worth $1,651,000 after buying an additional 697 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Acadia Healthcare by 9.0% in the 4th quarter. Quantinno Capital Management LP now owns 8,695 shares of the company’s stock worth $345,000 after buying an additional 721 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ACHC. Wall Street Zen upgraded Acadia Healthcare from a “sell” rating to a “hold” rating in a research note on Sunday, August 3rd. UBS Group dropped their price target on Acadia Healthcare from $45.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, August 7th. KeyCorp dropped 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. Mizuho decreased 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. Finally, Stephens raised Acadia Healthcare to a “hold” rating in a report on Monday, June 2nd. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Acadia Healthcare has an average rating of “Moderate Buy” and an average price target of $44.75.

Acadia Healthcare Stock Down 0.9%

Shares of NASDAQ ACHC opened at $19.07 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $1.76 billion, a P/E ratio of 12.63, a P/E/G ratio of 3.74 and a beta of 0.88. The company has a 50 day simple moving average of $22.13 and a 200-day simple moving average of $27.47. Acadia Healthcare Company, Inc. has a 1 year low of $17.13 and a 1 year high of $82.40.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. The company had revenue of $869.23 million during the quarter, compared to analysts’ expectations of $839.59 million. Acadia Healthcare had a net margin of 4.31% and a return on equity of 8.34%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.91 EPS. On average, equities research analysts predict that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

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.