Acadia Healthcare (NASDAQ:ACHC) Price Target Lowered to $37.00 at Mizuho

Acadia Healthcare (NASDAQ:ACHC - Free Report) had its price objective reduced by Mizuho from $48.00 to $37.00 in a research note issued to investors on Tuesday,Benzinga reports. Mizuho currently has a neutral rating on the stock.

ACHC has been the subject of a number of other reports. Bank of America lowered their price objective on Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating for the company in a research report on Friday, February 28th. Cantor Fitzgerald restated a "neutral" rating and set a $52.00 price target on shares of Acadia Healthcare in a report on Tuesday, December 10th. KeyCorp reduced their price objective on shares of Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating on the stock in a research note on Monday, March 3rd. Deutsche Bank Aktiengesellschaft raised shares of Acadia Healthcare from a "hold" rating to a "buy" rating and lifted their target price for the stock from $45.00 to $75.00 in a research note on Thursday, December 12th. Finally, Barclays cut shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $43.00 to $35.00 in a research report on Friday, February 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Acadia Healthcare has a consensus rating of "Hold" and an average price target of $52.19.

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Acadia Healthcare Price Performance

Shares of ACHC stock remained flat at $30.12 during trading hours on Tuesday. 1,521,599 shares of the stock traded hands, compared to its average volume of 1,383,810. The stock has a market cap of $2.80 billion, a PE ratio of 9.88, a PEG ratio of 1.46 and a beta of 1.38. The firm has a 50 day moving average price of $37.14 and a 200 day moving average price of $45.06. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60. Acadia Healthcare has a 12-month low of $27.61 and a 12-month high of $82.41.

Hedge Funds Weigh In On Acadia Healthcare

Several institutional investors have recently made changes to their positions in ACHC. Wellington Management Group LLP increased its position in Acadia Healthcare by 0.7% in the 4th quarter. Wellington Management Group LLP now owns 11,734,743 shares of the company's stock valued at $465,283,000 after buying an additional 76,490 shares in the last quarter. FMR LLC increased its holdings in shares of Acadia Healthcare by 257.9% during the fourth quarter. FMR LLC now owns 6,230,631 shares of the company's stock valued at $247,045,000 after acquiring an additional 4,489,681 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Acadia Healthcare by 18.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,182,729 shares of the company's stock worth $126,189,000 after purchasing an additional 486,395 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Acadia Healthcare by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company's stock worth $198,258,000 after purchasing an additional 454,044 shares in the last quarter. Finally, State Street Corp grew its position in Acadia Healthcare by 3.5% in the 3rd quarter. State Street Corp now owns 2,819,911 shares of the company's stock valued at $178,811,000 after purchasing an additional 95,613 shares during the period.

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.