Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Sold by Invesco Ltd.

Invesco Ltd. lessened its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 82.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 230,087 shares of the company's stock after selling 1,087,943 shares during the quarter. Invesco Ltd. owned about 0.25% of Acadia Healthcare worth $9,123,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC raised its holdings in 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 period. Pacer Advisors Inc. raised its position in Acadia Healthcare by 2.4% during 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 in the last quarter. Tidal Investments LLC lifted its stake in 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 period. Blue Trust Inc. boosted its stake in shares of Acadia Healthcare by 69.4% during 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. Finally, Fifth Third Bancorp increased its holdings in shares of Acadia Healthcare by 56.0% in the 4th quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock valued at $50,000 after acquiring an additional 454 shares during the period.

Analysts Set New Price Targets

A number of research firms recently commented on ACHC. Bank of America decreased their target price on shares of Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating for the company in a research report on Friday, February 28th. KeyCorp reduced their target price on Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. TD Cowen dropped their price target on Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating on the stock in a research note on Tuesday, January 7th. Royal Bank of Canada cut 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 note on Monday, March 3rd. Finally, Mizuho lowered their price target on shares of Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating on the stock in a report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $50.39.

Acadia Healthcare Price Performance

ACHC stock traded down $0.03 during mid-day trading on Friday, reaching $22.15. 1,864,268 shares of the company's stock were exchanged, compared to its average volume of 1,589,979. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. Acadia Healthcare Company, Inc. has a 12-month low of $20.36 and a 12-month high of $82.41. The stock's 50 day moving average is $29.42 and its 200 day moving average is $38.61. The company 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.

Acadia Healthcare Company 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.