Sivik Global Healthcare LLC Sells 65,000 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Sivik Global Healthcare LLC decreased its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 56.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,000 shares of the company's stock after selling 65,000 shares during the quarter. Sivik Global Healthcare LLC owned approximately 0.05% of Acadia Healthcare worth $1,983,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in shares of Acadia Healthcare by 57.1% in the third quarter. GAMMA Investing LLC now owns 663 shares of the company's stock valued at $42,000 after buying an additional 241 shares in the last quarter. Nisa Investment Advisors LLC increased its stake 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 during the last quarter. Atria Investments Inc raised its holdings in shares of Acadia Healthcare by 4.7% in the 3rd quarter. Atria Investments Inc now owns 6,844 shares of the company's stock valued at $434,000 after purchasing an additional 308 shares during the period. Pacer Advisors Inc. lifted its stake in Acadia Healthcare by 2.4% in 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 during the last quarter. Finally, KBC Group NV grew its holdings in Acadia Healthcare by 14.4% during the third quarter. KBC Group NV now owns 2,688 shares of the company's stock worth $170,000 after purchasing an additional 338 shares during the period.

Wall Street Analysts Forecast Growth

ACHC has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a "hold" rating to a "buy" rating and raised their price objective for the company from $45.00 to $75.00 in a research report on Thursday, December 12th. KeyCorp raised shares of Acadia Healthcare from a "sector weight" rating to an "overweight" rating and set a $70.00 price objective for the company in a research report on Tuesday, January 7th. Royal Bank of Canada restated an "outperform" rating and set a $64.00 target price on shares of Acadia Healthcare in a research note on Friday, January 10th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $52.00 price objective on shares of Acadia Healthcare in a report on Tuesday, December 10th. Finally, StockNews.com downgraded Acadia Healthcare from a "hold" rating to a "sell" rating in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.22.

Acadia Healthcare Price Performance

ACHC traded down $0.43 on Monday, reaching $44.68. The stock had a trading volume of 510,763 shares, compared to its average volume of 1,616,634. The firm has a 50-day moving average of $41.79 and a 200-day moving average of $55.52. Acadia Healthcare Company, Inc. has a fifty-two week low of $36.50 and a fifty-two week high of $87.77. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 1.84 and a beta of 1.30. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60.

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.