Intech Investment Management LLC Raises Stock Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Intech Investment Management LLC raised its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 666.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,150 shares of the company's stock after acquiring an additional 94,033 shares during the quarter. Intech Investment Management LLC owned approximately 0.12% of Acadia Healthcare worth $4,288,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Nisa Investment Advisors LLC grew its stake in Acadia Healthcare by 40.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock worth $41,000 after purchasing an additional 301 shares in the last quarter. Atria Investments Inc lifted its position in Acadia Healthcare by 4.7% during the third quarter. Atria Investments Inc now owns 6,844 shares of the company's stock valued at $434,000 after purchasing an additional 308 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Acadia Healthcare by 2.4% in the 4th quarter. Pacer Advisors Inc. now owns 13,847 shares of the company's stock valued at $549,000 after purchasing an additional 325 shares during the period. KBC Group NV raised its holdings in Acadia Healthcare by 14.4% in the 3rd quarter. KBC Group NV now owns 2,688 shares of the company's stock worth $170,000 after purchasing an additional 338 shares during the period. Finally, Tidal Investments LLC boosted its holdings in Acadia Healthcare by 7.9% in the 3rd quarter. Tidal Investments LLC now owns 4,664 shares of the company's stock worth $296,000 after buying an additional 340 shares during the last quarter.

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Acadia Healthcare Stock Down 1.1 %

NASDAQ:ACHC traded down $0.32 during trading hours on Friday, reaching $28.69. 1,895,972 shares of the stock were exchanged, compared to its average volume of 1,332,347. Acadia Healthcare Company, Inc. has a twelve month low of $27.61 and a twelve month high of $82.41. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a 50 day moving average of $38.56 and a 200 day moving average of $46.73. The stock has a market cap of $2.67 billion, a PE ratio of 9.41, a PEG ratio of 1.46 and a beta of 1.38.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on ACHC shares. Barclays downgraded 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 note on Friday, February 28th. StockNews.com downgraded shares of Acadia Healthcare from a "hold" rating to a "sell" rating in a report on Monday, January 6th. Bank of America lowered their price objective on shares of Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating on the stock in a research note on Friday, February 28th. Deutsche Bank Aktiengesellschaft upgraded shares of Acadia Healthcare from a "hold" rating to a "buy" rating and lifted their price target for the company from $45.00 to $75.00 in a report on Thursday, December 12th. Finally, KeyCorp dropped 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. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $56.31.

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.