Stephens Investment Management Group LLC Boosts Holdings in Acadia Healthcare Company Inc (NASDAQ:ACHC)

Stephens Investment Management Group LLC increased its holdings in Acadia Healthcare Company Inc (NASDAQ:ACHC) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,142,855 shares of the company’s stock after buying an additional 13,695 shares during the quarter. Stephens Investment Management Group LLC owned 1.29% of Acadia Healthcare worth $39,943,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Capital Group LLC boosted its holdings in shares of Acadia Healthcare by 67.3% in the first quarter. Private Capital Group LLC now owns 865 shares of the company’s stock worth $25,000 after buying an additional 348 shares during the last quarter. Twin Tree Management LP raised its stake in Acadia Healthcare by 3,472.3% during the 1st quarter. Twin Tree Management LP now owns 2,965 shares of the company’s stock worth $87,000 after acquiring an additional 2,882 shares during the period. Quantamental Technologies LLC bought a new stake in Acadia Healthcare during the 1st quarter worth approximately $94,000. Advisor Group Inc. raised its stake in Acadia Healthcare by 27.1% during the 2nd quarter. Advisor Group Inc. now owns 4,208 shares of the company’s stock worth $146,000 after acquiring an additional 896 shares during the period. Finally, BNP Paribas Arbitrage SA raised its stake in Acadia Healthcare by 228.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,806 shares of the company’s stock worth $141,000 after acquiring an additional 3,344 shares during the period.

A number of equities research analysts have commented on the stock. TheStreet upgraded shares of Acadia Healthcare from a “d+” rating to a “c” rating in a research note on Monday, June 17th. ValuEngine upgraded shares of Acadia Healthcare from a “strong sell” rating to a “sell” rating in a research note on Wednesday, April 24th. Mizuho set a $30.00 target price on shares of Acadia Healthcare and gave the stock a “hold” rating in a research note on Friday, May 31st. Raymond James cut shares of Acadia Healthcare from a “strong-buy” rating to an “outperform” rating and set a $45.00 target price on the stock. in a research note on Wednesday, July 31st. Finally, BMO Capital Markets raised their target price on shares of Acadia Healthcare from $33.00 to $36.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 1st. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $37.00.

Shares of Acadia Healthcare stock traded down $0.33 on Thursday, hitting $27.59. 11,779 shares of the company traded hands, compared to its average volume of 750,128. The firm has a market cap of $2.50 billion, a PE ratio of 12.35, a P/E/G ratio of 1.25 and a beta of 0.68. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.53. Acadia Healthcare Company Inc has a 52 week low of $24.27 and a 52 week high of $45.35. The company’s 50-day moving average price is $32.10.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings data on Tuesday, July 30th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.02. The firm had revenue of $789.00 million for the quarter, compared to analysts’ expectations of $795.31 million. Acadia Healthcare had a negative net margin of 6.80% and a positive return on equity of 7.20%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.70 earnings per share. As a group, research analysts anticipate that Acadia Healthcare Company Inc will post 2.14 earnings per share for the current year.

Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities in the United States, the United Kingdom, and Puerto Rico.

Further Reading: Coverage Ratio

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

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