Edgestream Partners L.P. Buys Shares of 90,026 Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Edgestream Partners L.P. bought a new position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 90,026 shares of the company's stock, valued at approximately $3,570,000. Edgestream Partners L.P. owned approximately 0.10% of Acadia Healthcare as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the company. Lindbrook Capital LLC increased its holdings in 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. raised its position in shares of Acadia Healthcare by 69.4% during the 4th quarter. Blue Trust Inc. now owns 842 shares of the company's stock worth $33,000 after purchasing an additional 345 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in Acadia Healthcare by 40.7% in 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 in the last quarter. Fifth Third Bancorp grew its holdings in Acadia Healthcare by 56.0% during the 4th quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock valued at $50,000 after buying an additional 454 shares during the last quarter. Finally, Covestor Ltd raised its holdings in shares of Acadia Healthcare by 834.4% in the third quarter. Covestor Ltd now owns 1,140 shares of the company's stock worth $72,000 after acquiring an additional 1,018 shares during the last quarter.

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Analyst Ratings Changes

A number of research firms recently commented on ACHC. Royal Bank of Canada dropped their price objective on Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating for the company in a research report on Monday, March 3rd. StockNews.com lowered shares of Acadia Healthcare from a "hold" rating to a "sell" rating in a research report on Monday, January 6th. KeyCorp lowered their target price on shares of Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Bank of America decreased their price objective on Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating on the stock in a report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded Acadia Healthcare from a "hold" rating to a "buy" rating and increased their target price for the stock from $45.00 to $75.00 in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Acadia Healthcare presently has a consensus rating of "Hold" and a consensus target price of $56.31.

Acadia Healthcare Stock Down 1.0 %

Shares of NASDAQ ACHC traded down $0.30 on Wednesday, hitting $28.82. The company had a trading volume of 2,601,157 shares, compared to its average volume of 1,860,558. The firm has a market capitalization of $2.68 billion, a P/E ratio of 9.45, a PEG ratio of 1.46 and a beta of 1.38. 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 12-month low of $27.61 and a 12-month high of $82.40. The business has a 50 day moving average of $40.93 and a two-hundred day moving average of $49.36.

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.