Mutual of America Capital Management LLC Lowers Holdings in Acadia Healthcare Company Inc (ACHC)

Mutual of America Capital Management LLC lowered its holdings in shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) by 42.8% in the 4th quarter, Holdings Channel reports. The firm owned 214,745 shares of the company’s stock after selling 160,592 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Acadia Healthcare were worth $7,007,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp raised its stake in shares of Acadia Healthcare by 95.2% in the second quarter. State Street Corp now owns 1,998,030 shares of the company’s stock valued at $98,667,000 after acquiring an additional 974,524 shares during the period. Royal Bank of Canada raised its stake in shares of Acadia Healthcare by 25.0% in the second quarter. Royal Bank of Canada now owns 19,306 shares of the company’s stock valued at $954,000 after acquiring an additional 3,856 shares during the period. Nationwide Fund Advisors raised its stake in shares of Acadia Healthcare by 5.2% in the third quarter. Nationwide Fund Advisors now owns 259,773 shares of the company’s stock valued at $12,407,000 after acquiring an additional 12,931 shares during the period. FDx Advisors Inc. purchased a new stake in shares of Acadia Healthcare in the third quarter valued at $779,000. Finally, Stephens Investment Management Group LLC raised its stake in shares of Acadia Healthcare by 0.6% in the third quarter. Stephens Investment Management Group LLC now owns 1,087,284 shares of the company’s stock valued at $51,929,000 after acquiring an additional 6,415 shares during the period.

Several equities research analysts have recently weighed in on the stock. BidaskClub raised shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a research note on Friday. Wells Fargo & Co assumed coverage on shares of Acadia Healthcare in a research note on Tuesday. They issued an “outperform” rating and a $41.00 target price on the stock. Jefferies Group set a $42.00 target price on shares of Acadia Healthcare and gave the company a “buy” rating in a research note on Tuesday, December 19th. Robert W. Baird reissued a “hold” rating and issued a $37.00 target price on shares of Acadia Healthcare in a research note on Friday, December 15th. Finally, Credit Suisse Group assumed coverage on shares of Acadia Healthcare in a research note on Thursday, November 2nd. They issued a “neutral” rating and a $35.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $43.92.

In related news, Director Reeve B. Waud sold 100,000 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $31.80, for a total value of $3,180,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 11.10% of the company’s stock.

Acadia Healthcare Company Inc (NASDAQ:ACHC) opened at $34.61 on Friday. The company has a market cap of $3,095.08, a PE ratio of 15.38, a P/E/G ratio of 1.19 and a beta of 0.85. Acadia Healthcare Company Inc has a 12 month low of $26.92 and a 12 month high of $54.34. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.30.

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About Acadia Healthcare

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.

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

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