Blueshift Asset Management LLC Purchases New Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Blueshift Asset Management LLC acquired a new stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 15,880 shares of the company's stock, valued at approximately $630,000.

Several other large investors have also recently added to or reduced their stakes in ACHC. Lindbrook Capital LLC grew its holdings in shares of Acadia Healthcare by 1,342.0% during the 4th quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock valued at $29,000 after acquiring an additional 671 shares in the last quarter. Blue Trust Inc. grew its stake in Acadia Healthcare by 69.4% in the fourth quarter. Blue Trust Inc. now owns 842 shares of the company's stock valued at $33,000 after purchasing an additional 345 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Acadia Healthcare by 40.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock valued at $41,000 after buying an additional 301 shares during the last quarter. Signaturefd LLC grew its stake in shares of Acadia Healthcare by 460.6% in the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company's stock valued at $48,000 after buying an additional 1,004 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in Acadia Healthcare by 56.0% in the fourth quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock worth $50,000 after buying an additional 454 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ACHC. StockNews.com lowered shares of Acadia Healthcare from a "hold" rating to a "sell" rating in a research note on Monday, January 6th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $52.00 target price on shares of Acadia Healthcare in a research report on Tuesday, December 10th. KeyCorp decreased their price target 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. Mizuho dropped their price objective on shares of Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating for the company in a research note on Tuesday. Finally, TD Cowen decreased their target price on shares of 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Acadia Healthcare currently has a consensus rating of "Hold" and a consensus target price of $52.19.

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Acadia Healthcare Price Performance

Shares of Acadia Healthcare stock traded down $0.13 during mid-day trading on Tuesday, reaching $28.81. 1,422,803 shares of the stock were exchanged, compared to its average volume of 1,333,127. Acadia Healthcare Company, Inc. has a fifty-two week low of $27.61 and a fifty-two week high of $82.41. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 1.46 and a beta of 1.38. The firm has a 50-day simple moving average of $38.23 and a 200 day simple moving average of $46.15. 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 Profile

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.