Swiss National Bank Reduces Stake in Acadia Healthcare Company, Inc. $ACHC

Swiss National Bank reduced its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 1.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,868 shares of the company’s stock after selling 2,700 shares during the period. Swiss National Bank owned approximately 0.20% of Acadia Healthcare worth $5,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. boosted its stake in shares of Acadia Healthcare by 149.5% in the 1st quarter. UMB Bank n.a. now owns 1,260 shares of the company’s stock worth $38,000 after buying an additional 755 shares during the last quarter. State of Wyoming purchased a new position in Acadia Healthcare during the fourth quarter valued at $56,000. Aquatic Capital Management LLC purchased a new position in Acadia Healthcare during the fourth quarter valued at $97,000. Sterling Capital Management LLC lifted its position in Acadia Healthcare by 59.1% during the fourth quarter. Sterling Capital Management LLC now owns 5,456 shares of the company’s stock valued at $216,000 after purchasing an additional 2,026 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Acadia Healthcare by 143.8% during the first quarter. GAMMA Investing LLC now owns 5,812 shares of the company’s stock valued at $176,000 after purchasing an additional 3,428 shares in the last quarter.

Acadia Healthcare Stock Up 0.7%

Shares of NASDAQ ACHC opened at $21.13 on Tuesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 4.10 and a beta of 0.88. The stock has a 50 day moving average price of $21.96 and a 200 day moving average price of $26.64. Acadia Healthcare Company, Inc. has a 52-week low of $17.13 and a 52-week high of $82.40.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. The firm had revenue of $869.23 million during the quarter, compared to analyst estimates of $839.59 million. Acadia Healthcare had a return on equity of 8.34% and a net margin of 4.31%. Acadia Healthcare’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. Sell-side analysts expect that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ACHC shares. Stephens upgraded Acadia Healthcare to a “hold” rating in a research report on Monday, June 2nd. Royal Bank Of Canada lowered their target price on Acadia Healthcare from $43.00 to $28.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 13th. Cowen restated a “buy” rating on shares of Acadia Healthcare in a research report on Thursday, August 7th. Wall Street Zen upgraded Acadia Healthcare from a “sell” rating to a “hold” rating in a research report on Sunday, August 3rd. Finally, UBS Group lowered their price objective on Acadia Healthcare from $45.00 to $31.00 and set a “buy” rating on the stock in a research report on Thursday, August 7th. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Acadia Healthcare currently has an average rating of “Moderate Buy” and an average target price of $40.77.

Acadia Healthcare Company 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.