Boothbay Fund Management LLC Raises Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Boothbay Fund Management LLC lifted its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 319.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,490 shares of the company's stock after buying an additional 87,967 shares during the period. Boothbay Fund Management LLC owned about 0.12% of Acadia Healthcare worth $4,579,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ACHC. Coldstream Capital Management Inc. boosted its holdings in Acadia Healthcare by 4.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 6,470 shares of the company's stock worth $257,000 after acquiring an additional 303 shares during the last quarter. Two Sigma Securities LLC purchased a new position in Acadia Healthcare during the fourth quarter worth about $392,000. Adage Capital Partners GP L.L.C. increased its stake in Acadia Healthcare by 23.4% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 253,580 shares of the company's stock valued at $10,054,000 after buying an additional 48,013 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Acadia Healthcare by 9.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 62,822 shares of the company's stock worth $2,491,000 after buying an additional 5,256 shares in the last quarter. Finally, Pinebridge Investments L.P. boosted its stake in shares of Acadia Healthcare by 42.7% in the 4th quarter. Pinebridge Investments L.P. now owns 37,775 shares of the company's stock worth $1,498,000 after buying an additional 11,300 shares during the last quarter.

Acadia Healthcare Stock Down 0.1 %

ACHC stock opened at $22.15 on Friday. Acadia Healthcare Company, Inc. has a 1-year low of $20.36 and a 1-year high of $82.41. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 7.26, a price-to-earnings-growth ratio of 1.46 and a beta of 1.13. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60. The company's 50 day moving average is $29.42 and its 200 day moving average is $38.61.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ACHC shares. Guggenheim began coverage on Acadia Healthcare in a research report on Wednesday, April 9th. They set a "buy" rating and a $36.00 price target for the company. StockNews.com cut Acadia Healthcare from a "hold" rating to a "sell" rating in a research note on Monday, January 6th. Barclays lowered shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from $43.00 to $35.00 in a research report on Friday, February 28th. Royal Bank of Canada lowered their price objective on shares of Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating on the stock in a research report on Monday, March 3rd. Finally, Mizuho reduced their target price on shares of Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $50.39.

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.

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