43,940 Shares in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Acquired by one8zero8 LLC

one8zero8 LLC purchased a new stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,940 shares of the company's stock, valued at approximately $1,742,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Lindbrook Capital LLC lifted its holdings in Acadia Healthcare by 1,342.0% in the fourth quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock worth $29,000 after purchasing an additional 671 shares during the period. Blue Trust Inc. lifted its holdings in Acadia Healthcare by 69.4% in the fourth quarter. Blue Trust Inc. now owns 842 shares of the company's stock worth $33,000 after purchasing an additional 345 shares during the period. Nisa Investment Advisors LLC lifted its holdings 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 during the period. Fifth Third Bancorp lifted its holdings in Acadia Healthcare by 56.0% in 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. Finally, Assetmark Inc. lifted its holdings in Acadia Healthcare by 66.1% in the third quarter. Assetmark Inc. now owns 1,485 shares of the company's stock worth $94,000 after purchasing an additional 591 shares during the period.

Acadia Healthcare Stock Performance

ACHC stock traded down $0.25 during trading on Thursday, reaching $29.01. 1,605,793 shares of the stock were exchanged, compared to its average volume of 1,322,976. Acadia Healthcare Company, Inc. has a twelve month low of $27.61 and a twelve month high of $82.41. The company has a market capitalization of $2.70 billion, a P/E ratio of 9.51, a price-to-earnings-growth ratio of 1.46 and a beta of 1.38. The stock has a 50 day simple moving average of $39.20 and a 200-day simple moving average of $47.45. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60.

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Analyst Ratings Changes

A number of equities research analysts have weighed in on ACHC shares. Deutsche Bank Aktiengesellschaft raised shares of Acadia Healthcare from a "hold" rating to a "buy" rating and upped their price target for the company from $45.00 to $75.00 in a report on Thursday, December 12th. TD Cowen cut their price target on shares of Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating for the company in a report on Tuesday, January 7th. 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 cut their price target on shares of Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating for the company in a report on Friday, February 28th. Finally, Cantor Fitzgerald reissued a "neutral" rating and issued a $52.00 price target on shares of Acadia Healthcare in a report on Tuesday, December 10th. One research 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.com, the stock has a consensus 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.