Acadia Healthcare Company, Inc. (ACHC) Shares Bought by Granahan Investment Management Inc. MA

Granahan Investment Management Inc. MA increased its stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 11.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,011 shares of the company’s stock after purchasing an additional 7,186 shares during the period. Granahan Investment Management Inc. MA owned 0.08% of Acadia Healthcare worth $3,296,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Teacher Retirement System of Texas raised its position in Acadia Healthcare by 0.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,949 shares of the company’s stock worth $294,000 after purchasing an additional 26 shares during the last quarter. Public Employees Retirement Association of Colorado raised its position in Acadia Healthcare by 0.9% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 17,798 shares of the company’s stock worth $879,000 after purchasing an additional 160 shares during the last quarter. Pacer Advisors Inc. raised its position in Acadia Healthcare by 2.2% in the 2nd quarter. Pacer Advisors Inc. now owns 10,365 shares of the company’s stock worth $512,000 after purchasing an additional 226 shares during the last quarter. People s United Financial Inc. grew its holdings in Acadia Healthcare by 3.4% during the 2nd quarter. People s United Financial Inc. now owns 7,459 shares of the company’s stock worth $368,000 after acquiring an additional 242 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Acadia Healthcare by 11.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,704 shares of the company’s stock worth $134,000 after acquiring an additional 270 shares during the period.

A number of research firms have commented on ACHC. Zacks Investment Research lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. BidaskClub lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Friday, August 18th. KeyCorp reaffirmed a “buy” rating and set a $59.00 target price on shares of Acadia Healthcare in a report on Friday, October 20th. Bank of America lowered their target price on shares of Acadia Healthcare from $60.00 to $52.00 and set a “buy” rating for the company in a report on Wednesday, October 25th. Finally, Deutsche Bank lowered shares of Acadia Healthcare from a “buy” rating to a “hold” rating and lowered their target price for the stock from $60.00 to $37.00 in a report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. Acadia Healthcare presently has an average rating of “Hold” and a consensus target price of $45.15.

Acadia Healthcare Company, Inc. (ACHC) opened at $32.48 on Wednesday. Acadia Healthcare Company, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $54.34. The stock has a market cap of $2,820.10, a price-to-earnings ratio of 14.02, a PEG ratio of 1.19 and a beta of 0.90. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.36 and a quick ratio of 1.36.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings results on Tuesday, October 24th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.07). Acadia Healthcare had a net margin of 6.07% and a return on equity of 8.57%. The firm had revenue of $716.70 million during the quarter, compared to analyst estimates of $728.86 million. During the same period last year, the firm earned $0.58 EPS. Acadia Healthcare’s quarterly revenue was down 2.4% on a year-over-year basis. sell-side analysts expect that Acadia Healthcare Company, Inc. will post 2.23 earnings per share for the current fiscal year.

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Acadia Healthcare Profile

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.

Institutional Ownership by Quarter for Acadia Healthcare (NASDAQ:ACHC)

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