Fmr LLC Has $247.05 Million Stock Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

FMR LLC raised its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 257.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,230,631 shares of the company's stock after acquiring an additional 4,489,681 shares during the period. FMR LLC owned approximately 6.71% of Acadia Healthcare worth $247,045,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ACHC. Nisa Investment Advisors LLC grew its holdings in shares of Acadia Healthcare by 40.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock worth $41,000 after acquiring an additional 301 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Acadia Healthcare by 2.4% during the fourth quarter. Pacer Advisors Inc. now owns 13,847 shares of the company's stock worth $549,000 after purchasing an additional 325 shares during the period. Tidal Investments LLC increased its stake in shares of Acadia Healthcare by 7.9% in the third quarter. Tidal Investments LLC now owns 4,664 shares of the company's stock worth $296,000 after acquiring an additional 340 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Acadia Healthcare by 69.4% during the 4th quarter. Blue Trust Inc. now owns 842 shares of the company's stock valued at $33,000 after buying an additional 345 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its position in Acadia Healthcare by 7.5% in the third quarter. Coldstream Capital Management Inc. now owns 6,167 shares of the company's stock worth $391,000 after acquiring an additional 430 shares in the last quarter.

Remove Ads

Acadia Healthcare Trading Down 3.7 %

Shares of ACHC traded down $0.92 on Wednesday, reaching $23.81. 3,060,861 shares of the company's stock were exchanged, compared to its average volume of 1,498,142. The business has a 50 day moving average price of $32.49 and a two-hundred day moving average price of $40.58. 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 stock has a market capitalization of $2.21 billion, a P/E ratio of 7.81, a price-to-earnings-growth ratio of 1.46 and a beta of 1.13. Acadia Healthcare Company, Inc. has a 12 month low of $23.66 and a 12 month high of $82.41.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Bank of America reduced their price target 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. Guggenheim assumed coverage on Acadia Healthcare in a research report on Wednesday, April 9th. They set a "buy" rating and a $36.00 target price on the stock. TD Cowen dropped their price objective on shares of Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating for the company in a research note on Tuesday, January 7th. Barclays downgraded Acadia Healthcare from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $43.00 to $35.00 in a research report on Friday, February 28th. Finally, Mizuho decreased their price objective on shares of Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 25th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target 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.