KLP Kapitalforvaltning AS Makes New $718,000 Investment in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

KLP Kapitalforvaltning AS purchased a new position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,100 shares of the company's stock, valued at approximately $718,000.

Other institutional investors have also recently bought and sold shares of the company. Lindbrook Capital LLC grew its position in Acadia Healthcare by 1,342.0% during the fourth quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock worth $29,000 after buying an additional 671 shares in the last quarter. Blue Trust Inc. lifted 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 valued at $33,000 after acquiring an additional 345 shares during the period. Nisa Investment Advisors LLC grew its holdings in shares of Acadia Healthcare by 40.7% during the 4th 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. Signaturefd LLC increased its position in shares of Acadia Healthcare by 460.6% in the fourth quarter. Signaturefd LLC now owns 1,222 shares of the company's stock worth $48,000 after purchasing an additional 1,004 shares during the period. Finally, Fifth Third Bancorp lifted its position in Acadia Healthcare by 56.0% during the fourth quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock worth $50,000 after purchasing an additional 454 shares during the period.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ACHC. Mizuho dropped their target price on shares of Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. KeyCorp lowered their price objective on shares of Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating for the company in a research report on Monday, March 3rd. Royal Bank of Canada reduced their target price on Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating on the stock in a report on Monday, March 3rd. StockNews.com cut Acadia Healthcare from a "hold" rating to a "sell" rating in a report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded Acadia Healthcare from a "hold" rating to a "buy" rating and lifted their target price for the company from $45.00 to $75.00 in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $52.19.

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Acadia Healthcare Trading Down 3.6 %

Shares of NASDAQ:ACHC traded down $1.01 during midday trading on Friday, hitting $27.37. 1,613,368 shares of the stock were exchanged, compared to its average volume of 1,422,644. The business's 50-day moving average price is $35.62 and its 200 day moving average price is $43.11. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 8.97, a P/E/G ratio of 1.46 and a beta of 1.38. Acadia Healthcare Company, Inc. has a 12 month low of $26.72 and a 12 month high of $82.41. 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 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.