Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Bought by Magnetar Financial LLC

Magnetar Financial LLC boosted its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 385.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 928,772 shares of the company's stock after purchasing an additional 737,427 shares during the period. Magnetar Financial LLC owned approximately 1.00% of Acadia Healthcare worth $36,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Atria Investments Inc increased its stake in Acadia Healthcare by 4.7% in the third quarter. Atria Investments Inc now owns 6,844 shares of the company's stock worth $434,000 after purchasing an additional 308 shares during the period. KBC Group NV increased its stake 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 buying an additional 338 shares during the period. Natixis Advisors LLC lifted its holdings in Acadia Healthcare by 10.3% during the 3rd quarter. Natixis Advisors LLC now owns 193,989 shares of the company's stock valued at $12,301,000 after buying an additional 18,094 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new stake in Acadia Healthcare in the 3rd quarter valued at about $1,028,000. Finally, Charles Schwab Investment Management Inc. grew its stake in Acadia Healthcare by 2.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,127,061 shares of the company's stock worth $71,467,000 after acquiring an additional 29,936 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. TD Cowen dropped their price objective 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 target on Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating on the stock in a research note on Monday, March 3rd. Barclays lowered shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $43.00 to $35.00 in a research note on Friday, February 28th. Cantor Fitzgerald reissued a "neutral" rating and set a $52.00 target price on shares of Acadia Healthcare in a research report on Tuesday, December 10th. Finally, KeyCorp cut their price objective on shares of Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $56.31.

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Acadia Healthcare Stock Up 0.9 %

NASDAQ:ACHC traded up $0.25 during midday trading on Monday, reaching $28.94. 1,528,417 shares of the stock traded hands, compared to its average volume of 1,333,132. The stock has a market capitalization of $2.69 billion, a PE ratio of 9.49, a price-to-earnings-growth ratio of 1.46 and a beta of 1.38. Acadia Healthcare Company, Inc. has a 12-month low of $27.61 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. The business has a 50-day moving average of $38.56 and a two-hundred day moving average of $46.50.

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.