Khrom Capital Management LLC Takes Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Khrom Capital Management LLC purchased a new stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,251,002 shares of the company's stock, valued at approximately $49,602,000. Acadia Healthcare comprises approximately 5.6% of Khrom Capital Management LLC's investment portfolio, making the stock its 9th largest holding. Khrom Capital Management LLC owned 1.35% of Acadia Healthcare as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Lindbrook Capital LLC boosted its holdings in Acadia Healthcare by 1,342.0% during the fourth quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock valued at $29,000 after acquiring an additional 671 shares during the period. Blue Trust Inc. grew its position in Acadia Healthcare by 69.4% during the fourth quarter. Blue Trust Inc. now owns 842 shares of the company's stock worth $33,000 after buying an additional 345 shares in the last quarter. Nisa Investment Advisors LLC lifted its position 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 period. Signaturefd LLC boosted its stake in Acadia Healthcare by 460.6% during the fourth quarter. Signaturefd LLC now owns 1,222 shares of the company's stock worth $48,000 after buying an additional 1,004 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in shares of Acadia Healthcare by 287.1% during the 4th quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company's stock valued at $50,000 after acquiring an additional 933 shares in the last quarter.

Acadia Healthcare Price Performance

Shares of ACHC stock opened at $21.49 on Tuesday. The firm's 50 day moving average price is $30.99 and its two-hundred day moving average price is $39.43. The stock has a market cap of $1.98 billion, a PE ratio of 7.05, a PEG ratio of 1.46 and a beta of 1.13. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07. Acadia Healthcare Company, Inc. has a 52-week low of $20.36 and a 52-week high of $82.41.

Analyst Upgrades and Downgrades

ACHC has been the subject of several analyst reports. Bank of America cut their target price 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. TD Cowen lowered their target price on shares of Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada cut their price target on shares of Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating for the company in a report on Monday, March 3rd. KeyCorp cut 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. Finally, Guggenheim started coverage on Acadia Healthcare in a research report on Wednesday, April 9th. They issued a "buy" rating and a $36.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $50.39.

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.

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