44,031 Shares in Acadia Healthcare Company, Inc. $ACHC Acquired by ARGA Investment Management LP

ARGA Investment Management LP acquired a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 44,031 shares of the company’s stock, valued at approximately $1,090,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Allworth Financial LP increased its stake in shares of Acadia Healthcare by 676.4% in the second quarter. Allworth Financial LP now owns 1,351 shares of the company’s stock worth $31,000 after buying an additional 1,177 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Acadia Healthcare by 54.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock valued at $32,000 after acquiring an additional 497 shares during the period. CWM LLC raised its stake in shares of Acadia Healthcare by 105.1% during the second quarter. CWM LLC now owns 2,633 shares of the company’s stock valued at $60,000 after acquiring an additional 1,349 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Acadia Healthcare during the third quarter worth about $71,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Acadia Healthcare by 639.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,372 shares of the company’s stock worth $77,000 after purchasing an additional 2,916 shares during the last quarter.

Acadia Healthcare Trading Up 0.5%

Shares of NASDAQ ACHC opened at $15.23 on Friday. Acadia Healthcare Company, Inc. has a 1 year low of $11.43 and a 1 year high of $45.61. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a 50-day moving average of $14.47 and a 200 day moving average of $19.65. The stock has a market cap of $1.41 billion, a P/E ratio of 13.02, a price-to-earnings-growth ratio of 4.31 and a beta of 0.88.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Wednesday, November 5th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. Acadia Healthcare had a net margin of 3.29% and a return on equity of 7.66%. The business had revenue of $851.57 million during the quarter, compared to the consensus estimate of $852.43 million. During the same quarter last year, the firm earned $0.91 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. Acadia Healthcare has set its FY 2025 guidance at 2.350-2.450 EPS. As a group, sell-side analysts expect that Acadia Healthcare Company, Inc. will post 3.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on ACHC shares. Mizuho lowered their price target on Acadia Healthcare from $22.00 to $17.00 and set a “neutral” rating for the company in a research report on Thursday, December 18th. Jefferies Financial Group downgraded Acadia Healthcare to a “hold” rating in a report on Thursday. Barclays cut their price target on shares of Acadia Healthcare from $17.00 to $14.00 and set an “equal weight” rating on the stock in a report on Thursday, December 4th. Weiss Ratings restated a “sell (d)” rating on shares of Acadia Healthcare in a report on Wednesday. Finally, Bank of America lowered shares of Acadia Healthcare from a “neutral” rating to an “underperform” rating and cut their target price for the company from $21.50 to $13.00 in a research note on Wednesday, December 3rd. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Acadia Healthcare currently has a consensus rating of “Hold” and a consensus target price of $18.62.

Acadia Healthcare Profile

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee. Founded in 2005, the company has grown through organic expansion and strategic acquisitions to establish itself as a leading specialist in mental health and addiction treatment across the United States.

Acadia operates a diversified network of inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and intensive outpatient programs.