Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 93.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,314 shares of the company's stock after selling 247,348 shares during the quarter. Victory Capital Management Inc.'s holdings in Acadia Healthcare were worth $686,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Landscape Capital Management L.L.C. acquired a new position in shares of Acadia Healthcare during the 3rd quarter worth approximately $1,028,000. Charles Schwab Investment Management Inc. lifted its position in shares of Acadia Healthcare by 2.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,127,061 shares of the company's stock valued at $71,467,000 after acquiring an additional 29,936 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of Acadia Healthcare by 43.7% during the third quarter. Cerity Partners LLC now owns 32,922 shares of the company's stock valued at $2,088,000 after acquiring an additional 10,019 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Acadia Healthcare during the 3rd quarter worth about $458,000. Finally, Bank of Montreal Can raised its stake in Acadia Healthcare by 2,456.1% in the 3rd quarter. Bank of Montreal Can now owns 324,569 shares of the company's stock valued at $20,539,000 after purchasing an additional 311,871 shares during the last quarter.

Acadia Healthcare Stock Down 0.4 %

Shares of ACHC traded down $0.13 during midday trading on Tuesday, hitting $28.81. The company had a trading volume of 1,422,803 shares, compared to its average volume of 1,333,127. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 1.46 and a beta of 1.38. The company's 50 day moving average price is $38.23 and its 200 day moving average price is $46.15. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. Acadia Healthcare Company, Inc. has a 52 week low of $27.61 and a 52 week high of $82.41.

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Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ACHC. Cantor Fitzgerald reiterated a "neutral" rating and set a $52.00 price target on shares of Acadia Healthcare in a report on Tuesday, December 10th. Royal Bank of Canada lowered their target price on shares of Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd. Mizuho reduced their price target on Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating on the stock in a research note on Tuesday. KeyCorp lowered their price objective on Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating for the company in a research report on Monday, March 3rd. Finally, TD Cowen reduced their target price on Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $52.19.

About Acadia Healthcare

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.